Id news and trends

The $400 Million Problem: Intellicheck CEO Details the Cost of Fake IDs
Security & Fraud // June 26, 2024

Bryan Lewis, CEO of Intellicheck, has a stark take on just how severe the damage a fraudster can inflict with a few bits of information. “People don’t realize how easy it is to steal your identity. If I can get your social media account or...

Fintracking Launches Pay-as-You-Go ID Verification Platform 
Identity // June 06, 2024

Compliance firm Fintracking has debuted a “pay-as-you-go” platform for ID verification. “The new platform provides a flexible and efficient way for businesses to securely verify identities and transactions, ensuring compliance and fraud prevention,” the Toronto-based company said in a news release Thursday (June 6). Included...

Socure and Trustly Partner on Pay-by-Bank Solution With Streamlined Onboarding
Payments Innovation // February 29, 2024

Socure and Trustly have partnered to offer merchants a pay-by-bank solution that includes a streamlined customer onboarding process and guaranteed fast payments. The solution designed for all merchants but is especially valuable for those in investing, gaming, trading, financial services and other industries that require robust know your...

Entrust Enters Exclusive Discussions to Acquire Onfido
Acquisitions // February 06, 2024

Entrust has entered into exclusive discussions to acquire Onfido. This potential acquisition would add Onfido’s cloud-based, artificial intelligence (AI)-powered identity verification (IDV) technology to Entrust’s existing portfolio of identity solutions, Entrust said in a press release emailed to PYMNTS Tuesday (Jan. 6). “We chose to enter into...

Interviews & Exclusives
The $400 Million Problem: Intellicheck CEO Details the Cost of Fake IDs

June 26, 2024
Bryan Lewis, CEO of Intellicheck, has a stark take on just how severe the damage a fraudster can inflict with a few bits of information. “People don’t realize how easy it is to steal your identity. If I can get your social media account or your email, I can change everything about your life,” he […]

What If: Elon Musk’s X Becomes the Next Super App?

August 03, 2023
Super apps like Alibaba’s Alipay and Tencent’s WeChat have become super successful in Asia. Their market dominance in turn has made Western entrepreneurs “super” interested in building their own, perhaps...

Biometrics and Smartphones Make Life Without Passwords a Reality

February 15, 2023
Thus far into 2023, “passwordless” remains among the buzziest of buzzwords in identity authentication. Nicole Jass, chief product officer at Prove Identity, told PYMNTS that despite the burgeoning popularity of...

Intelligent Tech Balances Customer Convenience With Identity Theft

December 19, 2022
Identity theft and other types of fraud will become even more widespread in 2023. That’s according to the latest report released by the Identity Theft Resource Center (ITRC), which predicts...

Quick Reads
Fintracking Launches Pay-as-You-Go ID Verification Platform 

June 06, 2024
Compliance firm Fintracking has debuted a “pay-as-you-go” platform for ID verification. “The new platform provides a flexible and efficient way for businesses to securely verify identities and transactions, ensuring compliance and fraud prevention,” the Toronto-based company said in a news release Thursday (June 6). Included in the platform are a variety of plans, such as […]

Socure and Trustly Partner on Pay-by-Bank Solution With Streamlined Onboarding

February 29, 2024
Socure and Trustly have partnered to offer merchants a pay-by-bank solution that includes a streamlined customer onboarding process and guaranteed fast payments. The solution designed for all merchants but is especially valuable for...

Entrust Enters Exclusive Discussions to Acquire Onfido

February 06, 2024
Entrust has entered into exclusive discussions to acquire Onfido. This potential acquisition would add Onfido’s cloud-based, artificial intelligence (AI)-powered identity verification (IDV) technology to Entrust’s existing portfolio of identity solutions, Entrust said...

Intellicheck Debuts Updates for Digital Identity Verification Tools

January 04, 2024
Identity verification company Intellicheck has rolled out enhancements for digital users of its identity platform. “Clients integrating the new Capture process can be up and running with no more than two simple web hooks,”...