Identity verification service

Global Data Consortium Makes Multiple Key Hires and Expands Customer Advisory Board to Drive Expansion Globally

Retrieved on: 
Wednesday, May 19, 2021
Financial regulation, Identity verification service, Internet privacy, Know your customer, Money laundering, Regulatory compliance, Money, Finance, Business law

b'RALEIGH, N.C., May 19, 2021 /PRNewswire/ -- Global Data Consortium (GDC), provider of one point access to local, in-country reference data for instant verification to customers globally, welcomes multiple veteran leaders across all the business units within the company.

Key Points: 
  • b'RALEIGH, N.C., May 19, 2021 /PRNewswire/ -- Global Data Consortium (GDC), provider of one point access to local, in-country reference data for instant verification to customers globally, welcomes multiple veteran leaders across all the business units within the company.
  • There, he was responsible for customer data procurement and developed automated processes and controls for KYC (Know Your Customer), AML (Anti Money Laundering), and Risk Assessment.
  • "\nIn 2020, GDC formed the Compliance Advisory Board (CAB) to serve as a resource to help others in the industry navigate the challenges of protecting data privacy and maintaining compliance with other global regulations.
  • More information on the CAB can be found on the GDC website ( https://www.globaldataconsortium.com/complianceadvisoryboard/ ).\nGlobal Data Consortium is the industry leader in electronic identity verification.

Regula Forensics Wins Global InfoSec Award for Next Generation Identity Verification Product 2021

Retrieved on: 
Monday, May 17, 2021
Software, Banking, Mobile, Wireless, Professional services, Hardware, Law enforcement, Emergency services, Technology, Security, Insurance, Audio, Video, Other Technology, Public policy, Government, Data security, Computer security, Identity management systems, Computer network security, Cryptography, Cybercrime, Malware, Regula, Biometrics, Identity verification service, Cyberwarfare, Regula Forensics, Cyber Defense Magazine, REGULA FORENSICS, CYBER DEFENSE MAGAZINE

b'Regula Forensics, the global leader in identity verification, today announced it has been recognized as Best Product for Next Gen in Identity Verification by Cyber Defense Magazine (CDM), the industry\xe2\x80\x99s leading electronic information security magazine.\n\xe2\x80\x9cWe\xe2\x80\x99re humbled and honored by CDM\xe2\x80\x99s acknowledgement, which demonstrates our leadership position in the cybersecurity and identity verification markets,\xe2\x80\x9d said Arif Mamedov, President of Regula Forensics.

Key Points: 
  • b'Regula Forensics, the global leader in identity verification, today announced it has been recognized as Best Product for Next Gen in Identity Verification by Cyber Defense Magazine (CDM), the industry\xe2\x80\x99s leading electronic information security magazine.\n\xe2\x80\x9cWe\xe2\x80\x99re humbled and honored by CDM\xe2\x80\x99s acknowledgement, which demonstrates our leadership position in the cybersecurity and identity verification markets,\xe2\x80\x9d said Arif Mamedov, President of Regula Forensics.
  • \xe2\x80\x9cChoosing an identity verification partner is a critical decision, especially when digitalization is skyrocketing during such uncertain times for the world.
  • Today, Regula solutions are deployed by Ministries of Internal and Home Affairs, police, border and customs services, banks, insurance companies and other industry leaders.
  • Additionally, Regula has recently launched its in-house biometrics solution - Regula Face SDK - with Face Matching (1:1) and Liveness Detection Functionality.

Jumio’s Automation Surpasses 1 Million Verifications Per Day as Company Celebrates 118% Increase in Revenue

Retrieved on: 
Thursday, May 13, 2021
Data management, Security, Technology, Other Technology, Software, Internet, Identity management systems, Mobile payments, Jumio, Property crimes, Crimes, Internet privacy, Identity verification service, Fraud, Crime, Articles, Human behavior

Fraud detection has dramatically increased due to the state-of-the-art accuracy of Jumio\xe2\x80\x99s Face Lookup feature.

Key Points: 
  • Fraud detection has dramatically increased due to the state-of-the-art accuracy of Jumio\xe2\x80\x99s Face Lookup feature.
  • This innovation flags potential fraudulent activity by the same face being used across multiple identity verification attempts, specifically targeting fraud rings and repeat fraudsters.
  • Jumio\xe2\x80\x99s mission is to make the internet a safer place by protecting the ecosystems of businesses through a unified, end-to-end identity verification and eKYC platform.
  • Jumio is backed by Centana Growth Partners, Great Hill Partners and Millennium Technology Value Partners.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210512006112/en/\n'

Mitek to Present at 16th Annual Needham Virtual Technology and Media Conference on May 18, 2021

Retrieved on: 
Wednesday, May 12, 2021
Data management, Security, Technology, Mobile, Wireless, Software, Internet, Identity management systems, MTX Audio, Identity verification service, Verification

Mitek\xe2\x80\x99s identity verification solutions enable organizations to verify an individual\xe2\x80\x99s identity during digital transactions to reduce risk and meet regulatory requirements, while increasing revenue from digital channels.

Key Points: 
  • Mitek\xe2\x80\x99s identity verification solutions enable organizations to verify an individual\xe2\x80\x99s identity during digital transactions to reduce risk and meet regulatory requirements, while increasing revenue from digital channels.
  • More than 7,500 organizations use Mitek to enable trust and convenience for mobile check deposit, new account opening and more.
  • Mitek is based in San Diego, Calif., with offices across the U.S. and Europe.
  • [(MITK-F)]\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210512005164/en/\n'

Onfido Reaches New Heights With Company’s Best Quarterly Revenue Earnings to Date

Retrieved on: 
Wednesday, May 12, 2021
Mobile, Wireless, Technology, Security, Other Technology, Photography, Software, Audio, Video, Networks, Internet, Data management, Identity management systems, Onfido, Open-source intelligence, Identity verification service

b'Onfido , the global identity verification and authentication provider, today announced its best sales quarter in the company\xe2\x80\x99s nine-year history, with revenue increasing 93% year-over-year.

Key Points: 
  • b'Onfido , the global identity verification and authentication provider, today announced its best sales quarter in the company\xe2\x80\x99s nine-year history, with revenue increasing 93% year-over-year.
  • A seasoned product leader and GM, Valle has over two decades of experience building, launching and scaling disruptive product platforms.
  • This means businesses can see their customers for who they are, without compromising on experience, conversion, privacy or security.
  • Onfido has raised $200m in funding, and with 400 team members across seven countries, is enabling digital access for some of the largest companies around the world.\n'

Joget Marketplace Opens up to Partners with the Launch of AI-powered EMAS™ Identity Verification Applications by Innov8tif

Retrieved on: 
Thursday, May 6, 2021
Identity management systems, Identity verification service, Internet privacy, Know your customer, Joget, Verification

("Innov8tif") has launched new applications on the Joget Marketplace to offer real-time and automated identity verification capabilities on the Joget open source no-code/low-code application platform .\nOperated by Joget, Inc., the Joget Marketplace enables customers, partners and third-party innovators to easily leverage new applications, plugins and solutions to address their digital transformation needs.

Key Points: 
  • ("Innov8tif") has launched new applications on the Joget Marketplace to offer real-time and automated identity verification capabilities on the Joget open source no-code/low-code application platform .\nOperated by Joget, Inc., the Joget Marketplace enables customers, partners and third-party innovators to easily leverage new applications, plugins and solutions to address their digital transformation needs.
  • The two new applications published by Innov8tif are EMAS e-KYC and EMAS OkayFace Approval.\nEMAS e-KYC is an application that demonstrates customer registration use cases using face biometric authentication technology to strengthen the identity assurance aspect of a customer onboarding process.
  • "We are delighted to work with partners like Innov8tif to showcase their expertise in the digital identity space," said Raveesh Dewan, Chief Executive Office of Joget, Inc. "We see the Joget Marketplace as the solution marketplace for our customers.
  • Innov8tif\'s EMAS e-KYC product enables businesses with digital ID verification capability to support online customer onboarding process and identity fraud management.

Joget Marketplace Opens up to Partners with the Launch of AI-powered EMAS™ Identity Verification Applications by Innov8tif

Retrieved on: 
Thursday, May 6, 2021
Identity management systems, Identity verification service, Internet privacy, Know your customer, Joget, Verification

("Innov8tif") has launched new applications on the Joget Marketplace to offer real-time and automated identity verification capabilities on the Joget open source no-code/low-code application platform .\nOperated by Joget, Inc., the Joget Marketplace enables customers, partners and third-party innovators to easily leverage new applications, plugins and solutions to address their digital transformation needs.

Key Points: 
  • ("Innov8tif") has launched new applications on the Joget Marketplace to offer real-time and automated identity verification capabilities on the Joget open source no-code/low-code application platform .\nOperated by Joget, Inc., the Joget Marketplace enables customers, partners and third-party innovators to easily leverage new applications, plugins and solutions to address their digital transformation needs.
  • The two new applications published by Innov8tif are EMAS e-KYC and EMAS OkayFace Approval.\nEMAS e-KYC is an application that demonstrates customer registration use cases using face biometric authentication technology to strengthen the identity assurance aspect of a customer onboarding process.
  • "We are delighted to work with partners like Innov8tif to showcase their expertise in the digital identity space," said Raveesh Dewan, Chief Executive Office of Joget, Inc. "We see the Joget Marketplace as the solution marketplace for our customers.
  • Innov8tif\'s EMAS e-KYC product enables businesses with digital ID verification capability to support online customer onboarding process and identity fraud management.

Veridium Partners with Jumio to Deliver Groundbreaking Biometric Identity Verification to Fight Fraud and Streamline Electronic Know Your Customer (eKYC) Initiatives

Retrieved on: 
Thursday, May 6, 2021
Software, Technology, Other Technology, Security, Identity management systems, Jumio, Identity verification service, Identity document, Biometrics, Verification, Computer security, Cryptography, Veridium, Jumio, VERIDIUM, JUMIO

\xe2\x80\x9cOur groundbreaking solutions help prevent fraudulent system access saving organizations millions of dollars as well as meet regulatory compliance.\xe2\x80\x9d\nHighlights of the Jumio/Veridium joint solution include:\nCustomer Identity Verification \xe2\x80\x93 Establish the true identity of your customers with facial and/or fingerprint biometrics.

Key Points: 
  • \xe2\x80\x9cOur groundbreaking solutions help prevent fraudulent system access saving organizations millions of dollars as well as meet regulatory compliance.\xe2\x80\x9d\nHighlights of the Jumio/Veridium joint solution include:\nCustomer Identity Verification \xe2\x80\x93 Establish the true identity of your customers with facial and/or fingerprint biometrics.
  • Leverage government documentation and/or national identity databases to securely, reliably and remotely identify individuals who wish to sign up for services in your organization.\nWorkplace Identity Verification \xe2\x80\x93 Verify the identity of your remote employees through government documentation and/or national identity database checks.
  • Jumio\xe2\x80\x99s mission is to make the internet a safer place by protecting the ecosystems of businesses through a unified, end-to-end identity verification and eKYC platform.
  • Jumio is backed by Centana Growth Partners, Great Hill Partners and Millennium Technology Value Partners.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210506005146/en/\n'

Anti-Money Laundering Startup First AML Launches Australian Operations

Retrieved on: 
Tuesday, May 4, 2021
Finance, Security, Professional services, Technology, Software, Financial regulation, Money laundering, Tax evasion, Terrorism, Identity verification service, AML, Articles, Crime, Business law

This number will exceed 100,000 under Tranche 2 when AML compliance becomes mandatory for lawyers, accountants and real estate agents.

Key Points: 
  • This number will exceed 100,000 under Tranche 2 when AML compliance becomes mandatory for lawyers, accountants and real estate agents.
  • First AML has 65 employees based in Auckland, New Zealand.\nCommenting on the Australian expansion, Behdin said: \xe2\x80\x9cWe\xe2\x80\x99re excited to offer regulation technology built for investment firms and lenders to help them manage compliance faster and more accurately.
  • This is a $184 billion global market - there's massive opportunity out there.\xe2\x80\x9d\nMoney laundering is a big problem in Australia, and First AML is offering a solution to combat this.
  • The company\xe2\x80\x99s end-to-end Customer Due Diligence platform automates the identity verification of customers, giving companies complete visibility and management oversight of the process, minimising money laundering risk.

Acuant Announces the Acquisition of Hello Soda to Strengthen Its Trusted Identity Platform and Global Position in Digital Identity

Retrieved on: 
Tuesday, May 4, 2021
Identity management systems, Acuant, Identity verification service, Draft:Sumsub, Anti-money laundering software

b'LOS ANGELES, May 04, 2021 (GLOBE NEWSWIRE) -- Acuant ,\xc2\xa0the global trusted identity platform for fraud prevention and AML compliance, today announced the completion of the acquisition of Hello Soda as part of their continued investment and commitment to innovative technology.

Key Points: 
  • b'LOS ANGELES, May 04, 2021 (GLOBE NEWSWIRE) -- Acuant ,\xc2\xa0the global trusted identity platform for fraud prevention and AML compliance, today announced the completion of the acquisition of Hello Soda as part of their continued investment and commitment to innovative technology.
  • Hello Soda is a global provider of identity verification and KYC solutions headquartered in the UK with focus on the European and Asian markets.
  • With industry leading identity verification, regulatory compliance (AML/KYC) and digital identity solutions powered by AI and human assisted machine learning, Acuant delivers unparalleled results and operational efficiency.
  • Completing more than 1.5 billion transactions in over 200 countries and territories, Acuant powers trust in every major industry.\n'