Identity verification Stories - Page 24

Global Stories

Identity verification stories

Prenetics unveils DNA-based identity with blockchain tie-up

Prenetics has teamed up with Humanity Protocol to launch a blockchain-based identity verification service via its CircleDNA platform, enhancing secure digital interactions.

By Catherine Knowles • 3 min read • Fri, 14th Feb 2025

IT Automation

Kapwork launches platform to streamline invoice factoring

Kapwork has launched its innovative Kapwork Verify platform to automate invoice factoring, claiming a potential 20% cut in operational costs for businesses.

By Catherine Knowles • 3 min read • Thu, 13th Feb 2025

Unified Communications

Sinch partners with Aduna to enhance global network APIs

Sinch has joined forces with Aduna to enhance global access to mobile network capabilities, driving innovation in digital communications and security.

By Melania Watson • 3 min read • Thu, 13th Feb 2025

Digital Transformation

EC360 platform launches to revolutionise banking KYC

Encompass has unveiled its EC360 platform to revolutionise corporate client verification in banking, addressing outdated processes amid rising competition.

By Melania Watson • 3 min read • Tue, 4th Feb 2025

Fintech

Credas sees 40% customer growth, plans 2025 expansion

Credas Technologies in Cardiff has seen a remarkable 40% surge in its customer base, surpassing financial targets by 60% as it prepares for international growth.

By Kaleah Salmon • 2 min read • Thu, 23rd Jan 2025

Data Protection

Entrust launches AI identity tool to tackle USD $112bn fraud

Entrust has launched a new AI-based identity verification service to help businesses tackle rising online fraud, which cost US firms USD $112 billion in 2024.

By Imee Dequito • 3 min read • Wed, 22nd Jan 2025

Fintech

Microblink reports strong 2024 growth in ID verification sector

Microblink has reported robust growth in 2024, buoyed by rising demand for its identity verification solutions and expanded integration on Google Cloud.

By Imee Dequito • 4 min read • Tue, 21st Jan 2025

Gaming

Bureau raises USD $30m Series B amid soaring fraud costs

Bureau has raised USD $30 million in a Series B funding round, aiming to tackle the global fraud crisis, which costs USD $486 billion each year.

By Sean Mitchell • 3 min read • Thu, 19th Dec 2024

Advanced Persistent Threat Protection

AI's impact on cybersecurity: challenges & strategies

As AI's influence grows, the cybersecurity landscape will face new regulations and challenges by 2025, urging firms to adapt to dynamic compliance measures.

By Sean Mitchell • 3 min read • Tue, 17th Dec 2024

Data Privacy

iProov shares digital identity trends set to shape the future of trust

iProov forecasts that by 2025, deepfake technology will threaten news integrity and financial markets, prompting urgent calls for stronger identity verification.

By Catherine Knowles • 3 min read • Wed, 11th Dec 2024

Biometrics

Mike Nawrocki joins Jumio as new Chief Revenue Officer

Jumio has appointed Mike Nawrocki as Chief Revenue Officer, bringing over 25 years of sales leadership to enhance its identity verification solutions.

By Imee Dequito • 2 min read • Mon, 18th Nov 2024

Software-as-a-Service

Ping Identity reports 31% growth & near USD $800m ARR

Ping Identity has achieved a remarkable 31% year-on-year growth in Annual Recurring Revenue, now approaching USD $800 million amidst industry recognition.

By Imee Dequito • 2 min read • Fri, 15th Nov 2024

Firewalls

Cybersecurity predictions for 2025: Quantum threats rise

Security experts warn of heightened cyber threats by 2025, including AI-driven attacks and vulnerabilities from quantum computing advancements.

By Imee Dequito • 4 min read • Thu, 14th Nov 2024

Generative AI

Attestiv unveils deepfake detection tool for video

Attestiv has unveiled a new deepfake detection platform to help individuals and businesses tackle the rise of fake videos amid growing digital deception concerns.

By Shannon Williams • 2 min read • Fri, 8th Nov 2024

Multi-factor authentication

Google's Cloud mandates MFA, sparking mixed reactions

Google's move to enforce multifactor authentication for all Cloud accounts has ignited varied reactions, urging firms to bolster security against rising cyber threats.

By Shannon Williams • 3 min read • Thu, 7th Nov 2024

Stories from Other Regions

Identity verification stories

Email Security

Deepfakes & scams plague one-fifth of UK dating app users

A survey by Sumsub reveals that deepfakes pose a significant threat on UK dating apps, with 75% of users suspecting AI manipulation.

By Shannon Williams • 4 min read • Fri, 14th Feb 2025

Biometrics

iProov integrates biometrics with Microsoft Entra ID

iProov has integrated its biometric authentication platform with Microsoft Entra ID, enhancing security for over 345 million users against identity fraud.

By Catherine Knowles • 3 min read • Fri, 13th Dec 2024

Firewalls

Authsignal unveils palm biometrics terminal for secure ID

Authsignal has launched its innovative Palm Biometrics Identity Experience Terminal, integrating palm biometrics with mobile driver's licenses for secure identity verification.

By Catherine Knowles • 3 min read • Wed, 11th Dec 2024

Online fraud

AI fraud networks exploit UK shoppers amid festive season

AI-driven fraud threatens to undermine Black Friday and Cyber Monday shopping, with UK scams costing victims over GBP £11.5 million last year.

By Shannon Williams • 3 min read • Tue, 3rd Dec 2024