identity verification

Digital ID Startup Humanity Protocol Valued at $1 Billion
Digital ID Startup Humanity Protocol Valued at $1 Billion
May 15, 2024  |  Digital Identity

Decentralized identity startup Humanity Protocol said it is now a $1 billion company. The firm announced the private valuation in a Wednesday (May 15) blog post as it revealed...

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Prove: Spike in Business Identity Theft Calls for Phone-Based Approach to Authentication
Prove: Spike in Business Identity Theft Calls for Phone-Based Approach to Authentication
May 15, 2024  |  Fraud Prevention

As the company that laid claim to the concept of “digital identity” more than 10 years ago, Prove Identity takes verification seriously, even when it’s...

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Intellicheck Posts Record Quarter as Identity Fraud Continues to Run Rampant  
Intellicheck Posts Record Quarter as Identity Fraud Continues to Run Rampant  
May 13, 2024  |  Earnings

As identity fraud continues to plague business verticals from banking to automotive and even higher education, verification company Intellicheck posted record Q1 earnings Monday (May...

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Spike in Identity Fraud Forces Banks to Embrace Innovation
Spike in Identity Fraud Forces Banks to Embrace Innovation
April 23, 2024  |  Security & Fraud

To the hammer of a bad actor, everything vulnerable looks like a nail. And with the rise of sophisticated fraud techniques, organizations like financial institutions...

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Digital Birth Certificates Expand Range of Paperless IDs in Connected Economy
Digital Birth Certificates Expand Range of Paperless IDs in Connected Economy
April 21, 2024  |  Digital Identity

You’ve likely heard of digital driver’s licenses, digital passports, and digital IDs. Now, digital birth certificates are emerging as the latest addition to the digital identity landscape, offering...

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Airports Accelerate Digital Transformation to Enhance Passenger Experiences
Airports Accelerate Digital Transformation to Enhance Passenger Experiences
April 18, 2024  |  Travel Payments

In an era marked by rapid technological advancements, the aviation industry continues to adapt, seeking ways to streamline processes and enhance passenger experiences. Recent developments at...

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Prove Adds ID Verification Tools to AWS Marketplace
Prove Adds ID Verification Tools to AWS Marketplace
April 16, 2024  |  Identity

Prove has added its customer experience and ID verification/authentication offerings to AWS Marketplace. According to a Tuesday (April 16) news release, the addition lets customers access Prove’s commerce...

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States Embrace Mobile Driver’s Licenses to Fight Fraud Amid Privacy Scrutiny
States Embrace Mobile Driver’s Licenses to Fight Fraud Amid Privacy Scrutiny
April 09, 2024  |  Identity

In an era dominated by smartphones, the necessity of carrying physical driver’s licenses or ID cards may soon become obsolete. Across the United States, the...

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Entrust Acquires Onfido Amid Jump in ID Fraud
Entrust Acquires Onfido Amid Jump in ID Fraud
April 09, 2024  |  Acquisitions

Data security firm Entrust has finalized its purchase of identity verification company Onfido. “With this completed acquisition, Entrust now provides the industry’s most comprehensive portfolio of AI-powered, identity-centric...

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