Digital images and selfies no longer KYC/AML compliant
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 developers OCR Labs Global, Synectics Solutions partner
Digital ID verification company OCR Labs Global has partnered with Synectics Solutions, the creator of the digital identity verification solution SynID.
What are the main options for digital authentication services
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.
Why crypto KYC is of rising importance
As governments try to make cryptocurrencies secure and safe, there are waves of new regulations being implemented for digital assets.
What does the future of open banking hold?
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 dev iProov teams with Microblink
Face biometric verification and authentication technology developer iProov has partnered with AI-powered computer vision software provider Microblink.
France slaps ClearviewAI with €20m fine
France has issued a €20m fine on US-based facial recognition firm Clearview AI for breaching privacy laws.
Fenergo releases new perpetual KYC solution
Fenergo, which offers KYC and client lifecycle management solutions, has released a new perpetual KYC solution to streamline periodic review processes.
72% of people prefer face verification for online transactions
Seven-in-ten (72%) of consumers prefer to use face verification to secure online transactions, according to a report from iProov.
Digital ID verification RegTech OCR Labs Global names new CEO
Digital ID verification platform OCR Labs Global has hired Joshua Read as its new COO, as part of its international expansion efforts.
