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Building biometric identity systems for anyone The rapid emergence of biometric solutions has led to the improved security and usability of countless digital devices. A quick glance at a smartphone with facial recognition can unlock it and using voice recognition can make accessing telephone banking simpler than ever before. Despite these advancements, not all people have
With hundreds of billions of dollars of total value locked into the decentralised finance (DeFi) market, this burgeoning sector is rapidly becoming an attractive target for cyber criminals and hackers. According to a CertiK State of DeFi Security Report released earlier this year, more than $1.3 billion was lost across 44 DeFi hacks due to centralisation
On 26th April at Future Identity Finance, Laura Camplisson, our Future Identity Portfolio Lead, sat down with Daniel Ferak, DOT Business Unit Director at Innovatrics, to discuss the most exciting trends and technologies shaping the future of identity verification for financial services. Innovatrics are an EU-based provider of trusted biometrics solutions to governments, enterprises, and
Identity today is a key security concern for businesses of all sizes, across all sectors. By going digital with identity, businesses can offer their customers a more compelling experience, and gain a competitive edge. The challenge is to integrate innovative verification and authentication tools into existing architectures, without compromising security. At the Future Identity and
At the Future Identity and Fintech Talents festival on November 15th & 16th, we caught up with Lynne Morrice, iProov’s VP of Global Product Marketing. iProov are a global company providing secure verification for online users. Lynne told us what she thinks are the most significant trends shaping the future of identity in the financial
Know-your-customer (KYC) checks have long been associated with high levels of customer friction. Traditionally, these assessments were largely carried out by financial institutions, conducting due diligence to safeguard against financial crime. Creating a seamless customer journey was not a priority in the design of legacy identity proofing systems. Until recently, customers looking to open up a bank account would expect to take paper-based documents into
Your weekly resource for noteworthy news, fascinating features, and fintech titbits that caught our eye. Whether you live by your Twitter lists, save your Google Alerts or simply scroll through LinkedIn for insights and commentary – there is a wealth of content that weaves a global story around fintech. Our job at Fintech Talents is
Designing digital identity to meet high levels of trust, while ensuring credentials are interoperable, portable and protect the holder’s personal data, is no easy task. Customers are becoming more and more aware of their online identities, they want security, data privacy and control. On many occasions, when verifying your identity online you are really verifying
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