ICO slaps Clearview AI with £7.5m fine
The Information Commissioner’s Office (ICO) has fined ClearView AI over £7.5m for using images of people collected from the web and social media to create a facial recognition database.
How can you prevent facial spoofing?
With more people than ever now using the internet, the threshold for identity fraud has increased dramatically.
KYC Portal’s 2FA safeguards sensitive data
As companies try to meet the requirements for two-factor authentication, KYC Portal has a solution aimed at doing just that.
Checkout.com set to acquire ID verification firm ubble
Cloud-based payments provider Checkout.com is set to snap up digital identify verification startup ubble for an undisclosed fee.
Irish RegTech ID-Pal enters UK
Dublin-based identity verification platform ID-Pal has formally launched its service in the UK market.
Mobile operators to generate $27bn through multi-factor authentication
Mobile operators will generate $27bn from SMS messages related to multi-factor authentication in 2022, an increase from $25bn in 2021, according to a study from Juniper Research.
Access management firm Lumos launches from stealth
Lumos is a new compliance and identity management solution that has launched from stealth along with a $30m funding round.
NetGuardians selected by LUKB for fraud prevention
Swiss FinTech NetGuardians, which provides an enterprise risk platform for combatting financial fraud, has been selected by Luzerner Kantonalbank AG (LUKB) to further enhance its fraud-prevention systems.
Early Warning Services launches fraud detection solution
Early Warning Services, has launched Verify Identity, a synthetic identity fraud detection solution for qualifying financial services organisations, mobile network providers, corporations and government entities.
Teleport rakes in $110m from Bessemer-led Series C
Teleport, an identity-based infrastructure access management platform for engineers, has pulled in $110m from a Series C funding round.