Id Verification/page/3 news and trends

71% of German Consumers Used a Digital Wallet in the Past Year
Digital Payments // December 02, 2024

Digital wallets have become a key tool for German consumers, especially for online shopping and banking. Consider that 71% of consumers in Germany used a digital wallet in some way in the past year. A PYMNTS Intelligence report, “Digital Wallets Beyond Financial Transactions: Germany Edition,”...

47% of Brazilians Use Digital Wallets for Bill Payments
Mobile Wallets // November 21, 2024

Brazil is reshaping the global use of digital wallets, with consumers relying on them for bill payments and identity verification, unlike other countries, where they are mainly used for eCommerce. A  PYMNTS Intelligence Report, “Digital Wallets Beyond Financial Transactions: Brazil Edition,” in collaboration with Google...

ID.me Seeks $1.8 Valuation As ID Theft Threat Grows
Authentication // October 09, 2024

ID.me is reportedly aiming for a $1.8 billion valuation in a share sale. As Bloomberg News reported Tuesday (Oct. 8), sources close to the matter say the company itself is not selling the shares, but will let employees and early investors sell their shares. One...

Secure or Be Scammed: Business Identity Innovations Drive Ecosystem Growth
Authentication // September 25, 2024

How well do you know the organizations your business transacts with? And how well do they know your business? As the digital transformation accelerates, and businesses are confronted with escalating cyber risks and vendor identity fraud, it’s a question worth asking. The modern business environment...

Interviews & Exclusives
71% of German Consumers Used a Digital Wallet in the Past Year

December 02, 2024
Digital wallets have become a key tool for German consumers, especially for online shopping and banking. Consider that 71% of consumers in Germany used a digital wallet in some way in the past year. A PYMNTS Intelligence report, “Digital Wallets Beyond Financial Transactions: Germany Edition,” in collaboration with Google Wallet, reveals insights into how Germans […]

47% of Brazilians Use Digital Wallets for Bill Payments

November 21, 2024
Brazil is reshaping the global use of digital wallets, with consumers relying on them for bill payments and identity verification, unlike other countries, where they are mainly used for eCommerce....

Circle of Trust: How Digital Identities Can Secure the Gig Economy Against Fraud

September 05, 2024
Fraudsters, like consumers, love a good deal. And the gig economy, estimated to be worth half a trillion dollars in 2023 and employing 38% of the U.S. workforce, is becoming...

Bot? Fraudster? New Technology Finds Legit Users Without Compromising User Experience

July 25, 2024
The most sustainable and effective business successes frequently come from striking the right balances. And one of the more challenging balances for businesses to strike is between a robust and...

Quick Reads
Intellicheck Partners With Screening Software Company on Employee Background Checks

December 10, 2024
Background screening industry platform provider Accio Data has teamed with identity verification company Intellicheck. The collaboration involves Accio integrating Intellicheck’s identity validation technology into its background screening enterprise platform, allowing its clients to quickly and accurately evaluate job applicants’ identity documents, the companies announced Tuesday (Dec. 10). “Identity validation is a new profit center for […]

ID.me Seeks $1.8 Valuation As ID Theft Threat Grows

October 09, 2024
ID.me is reportedly aiming for a $1.8 billion valuation in a share sale. As Bloomberg News reported Tuesday (Oct. 8), sources close to the matter say the company itself is...

Illuma Labs Raises $9 Million for Bank Voice Verification

September 12, 2024
Illuma Labs has raised $9 million to speed the development of its voice verification tools. The company, which makes voice authentication technology for banking contact centers, announced its series A...

AWS and Mastercard Lead Industry Coalition to Fight Economic Crime

September 02, 2024
The Centre for Finance, Innovation and Technology (CFIT) has formed an anti-financial crime group. The U.K.-based group announced the effort Monday (Sept. 2), noting it had recruited several tech and...