Tag: Digital identity

OneID®, the UK's unique bank-verified digital identity service provider, has teamed up with IDVerse, a global leader in digital ID verification and former OCR Labs Global, to deliver expanded identity evidence options and global coverage for OneID's clientele and individuals.

Socure, a digital identity verification solutions firm, has acquired San Francisco-based Berbix, a pioneer in document verification solutions.

In a recent post by Fenergo, the company outlined how digital transformation is changing the way people open accounts. 

Smile Identity, a provider of identity verification in Africa, has acquired the parent company of Appruve, which helps firms use financial and identity data for detect fraud.

Secure digital identity network ID.me has raised $132m in its Series D funding round and appointed Samantha Greenberg as its new chief financial officer.

Digital identity and fraud solution developer Socure has collected $95m in a three-year credit facility with J.P. Morgan, Silicon Valley Bank and KeyBanc Capital Markets.

The total number of digital identity apps in use will exceed 4.1 billion globally by 2027, nearly doubling from 2.3 billion in 2023. 

Digital ID verification platform OCR Labs Global has hired Joshua Read as its new COO, as part of its international expansion efforts.

As companies explore improvements to digital identity in the UK, financial services firms are exploring the benefits of bank assured identity, according to a report from OneID.

In an age where more people are adopting a digital identity, the need to manage and contain risk is becoming more key than ever, claims PassFort.