Sella Group, which is the holding company of Italian bank Banca Sella, has launched biometric payment cards through a deal with IDEX Biometrics.
Digital images and selfies have been a staple for online verification for many years. However, Electronic IDentification has warned that they are no longer KYC/AML compliant.
Digital ID verification company OCR Labs Global has partnered with Synectics Solutions, the creator of the digital identity verification solution SynID.
As more firms look to implement new digital authentication technologies, there are a few options to pick from. Electronic IDentification has released a report exploring biometrics and e-signing as standards.
As governments try to make cryptocurrencies secure and safe, there are waves of new regulations being implemented for digital assets.
Open banking has brought about a wave of FinTech innovation that delivers more transparency and personalised products to customers. Yet, RegTech firm PassFort said there are still hurdles to overcome.
Face biometric verification and authentication technology developer iProov has partnered with AI-powered computer vision software provider Microblink.
France has issued a €20m fine on US-based facial recognition firm Clearview AI for breaching privacy laws.
Fenergo, which offers KYC and client lifecycle management solutions, has released a new perpetual KYC solution to streamline periodic review processes.
Seven-in-ten (72%) of consumers prefer to use face verification to secure online transactions, according to a report from iProov.