Veriff Secures $69M in Series B Funding to Combat Online Fraud, Making Identity Verification Hassle-Free

Investment led by IVP and Accel empowers Veriff to meet accelerated global demand for AI-powered, video-first approach to identity verification Veriff, a global identity verification provider, today announced that it has secured $69 million in Series B financing in a round led by investment firms IVP and Accel. This latest investment brings Veriff's total secured funding to date to $92.8 million. Jules Maltz of IVP and Matt Weigand of Accel will also join Veriff's Board of Directors as a result of the investment.…

IDnow Welcomes Bundesnetzagentur Decision And Predicts Turning Point For Digital Identity Verification

Bundesnetzagentur (Federal Network Agency) paves the way for artificial intelligence to be used for identity verification in Germany and sets milestone for the application of German technology The decision of Bundesnetzagentur to allow AI (artificial intelligence) based identification methods for new use cases in Germany is a confirmation of IDnow's platform strategy and at the same time a turning point in international competition for German technology companies. Marketing Technology News: Nativex Earns Privacy…

Socure To Provide Identity Verification For Microsoft Azure Active Directory Verifiable Credentials

Socure, a leader in 100% digital identity trust, today announced the company will provide identity verification services for remote onboarding for individuals accessing decentralized IDs as part of the new Microsoft Azure Active Directory (Azure AD) verifiable credentials feature in public preview today. Once verified, these credentials can be used to prove an identity across different organizations to accelerate onboarding of users and enable a more trustworthy credential recovery experience. Marketing Technology News:…

Manulife Bank Adopts Yoti For Seamless, FINTRAC-compliant Identity Verification

Manulife Bank, a subsidiary of Manulife, is leveraging advanced identity verification from Yoti to enhance and accelerate the digital registration experience for its customers. Yoti’s FINTRAC-compliant, Canada-hosted solution allows customers to simply scan their ID and take a selfie – a series of secure identity verification checks are completed in seconds for a fully digital signup. This boosts security, prevents fraud and dramatically reduces the time required to create an account. Marketing Technology News: Hyland…

Fondeadora Selects AU10TIX For Automated Identity Verification Services

Partnership will focus on delivering the fastest, most secure fintech experience for Fondeadora's rapidly growing user base throughout Mexico Fondeadora, Mexico's fastest-growing challenger bank, today announced that it has selected AU10TIX, the global leader in identity verification, to boost the speed and security of its customer onboarding and ongoing due diligence processes. The partnership combines the simplicity of Fondeadora's digital banking app with AU10TIX's deep experience in automating ID authentication and KYC…

Identity Verification Leader Jumio Secures $150 Million from Great Hill Partners

The growth capital represents the largest funding round in the history of digital identity and will fuel innovation and automation Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, today announced it secured a $150 million investment from Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies. This infusion represents the single largest funding round in the digital identity space and speaks to the global importance of…

Veriff Partners With Joompay To Instill Trust and Added Identity Verification for Mobile Payments in Europe

Veriff, a global identity verification provider is partnering with Joompay, a social finance app enabling money transfers in Europe. The Joompay app allows people to send and receive money from anyone in an easy and fun way. The app makes opening an account in Europe more straightforward and safer than ever, and with this partnership, Veriff adds an extra layer of safety and security. Veriff verifies the identity of Joompay users to help the company meet the KYC and AML requirements, while also preventing identity…

Next Generation Identity Verification And Authentication Provider Obsecure Launches CyberPrint™, The First Document-less Biometric…

The new offering allows financial institutions and payments organizations to improve identity verification success rates by leveraging the largest and fastest growing biometric data set in the world Obsecure, a cybersecurity company that leverages privacy-preserving face biometrics to provide the identity trust backbone of next-generation digital experiences, is officially launching its new identity verification solution at Finovate Europe. Over the past few years many digital services have implemented a dual…

IDnow Acquires identity Trust Management AG, a Leading Identity Verification Provider in Germany

IDnow, a leading provider of Identity Verification-as-a-Service solutions, today announced that it has agreed to acquire identity Trust Management AG, a leading international provider of digital and offline identification solutions from Germany. This is IDnow's second acquisition in the last six months and marks a significant milestone on IDnow's path to becoming one of the leading identity platforms in Europe. Marketing Technology News: Auth0 Names Jameeka Green Aaron as Chief Information Security Officer identity…

AU10TIX Launches SECURE.ME, a White Label Identity Verification Experience

New product brings AU10TIX's speed, flexibility, and security to consumer verification with zero integration AU10TIX, the global leader in identity verification, has launched SECURE.ME, a white label experience designed to reduce integration requirements while providing the same speed, flexibility, and forensic-grade security for customer verification for which AU10TIX is known. Marketing Technology News: Leaders in the Profession Identify Skills Financial Planners Need to Succeed in Today’s Environment In the past 24…

Blockpass and UREEQA Bring Identity Verification to Creators

Blockpass is proud to reveal another new partnership this week which will see the integration of Blockpass' KYC solution into a brand new platform. This new expansion of KYC coverage comes to the UREEQA platform, which protects, manages and monetizes creative work. Both companies will work together to ensure that creators of unique works can identify themselves and claim ownership of their compositions, opening up greater opportunities for people to conduct business and pursue their goals. Marketing Technology News: …

Baaz Partners with IDmission to Create a Frictionless Identity Verification Process for Social Media Users in the Middle East

IDmission announced that it will be partnering with Baaz - the first culturally relevant and tailored social media platform for Arabs - to provide biometric verification for secure user onboarding. Baaz aims to build a social media platform designed specifically for Arabs, to meet their needs and bring them closer to each other in a culturally relevant environment that is vivid, simple, and safe. Using advanced data analysis technology and natural language processing technology, Baaz aims to be the first social media…

Ping Identity Launches New Identity Verification Service to Radically Simplify Customer Onboarding and Reduce Fraud

Solution gives customers a fast and secure way to verify identity while reducing fraud Ping Identity, the Intelligent Identity solution for the enterprise, launched PingOne Verify, a new cloud service that helps enterprises make it easy for customers to verify their identity for rapid account onboarding, authentication and fraud prevention. The new PingOne Service is the latest addition to Ping Identity’s suite of cloud services for identity and access management (IAM). PingOne Verify empowers enterprises to improve…

Persona Launches Free Identity Verification Offering

Persona Starter Plan Empowers Businesses of All Sizes to Meet Digital Business Demands to Verify Users Instantly with Privacy-first Infrastructure Persona, identity infrastructure for real-time verification and protection, launched its free Starter plan out of beta, the first permanent free solution in the identity verification industry. This offering will enable any sized business to offer instant identity verification for up to 500 verifications a month at no cost while protecting users’ personally identifiable…

Onfido Announces New Identity Verification Solution on Salesforce AppExchange

Onfido announced a new version of its award-winning identity verification and authentication service on Salesforce AppExchange, empowering Salesforce customers in financial services, insurance and trusted marketplaces to integrate remote identity verification and authentication into their existing workflows. Marketing Technology News: Validity Announces Expansion of Relationship with Microsoft Onfido Identity Verification In today’s climate, it is important for banks and insurers to expand their branchless experiences…

Unit21 Partners with Socure to Reinvent Identity Verification

Unit21, the market leader in risk modeling, announced a partnership with Socure, the leader in Day Zero digital identity verification. Through the partnership, Unit21 clients are able to make real-time identity verification decisions through Socure’s identity verification platform. The partnership has come as a result of Unit21 expanding its identity verification orchestration layer to include some of the most successful players in the market. Shared clients between Unit21 and Socure include Unifimoney and ZenBusiness.…

Thales Launches Its Identity Verification Suite, a Secure Biometric Solution for Customer Onboarding

Thales’s Gemalto Identity Verification Suite (IDV) minimizes ID fraud risks by verifying document authenticity so that service providers can digitally check identities of new customers. IDV is designed to onboard more users in a secure remote environment, offering a smooth user experience.  The 100% automated solution leveraging Thales Artificial Intelligence, guarantees user privacy, high-level security and deployment flexibility. Thales, world leader in digital security, has launched its Identity Verification Suite, in…

Deliveroo and Onfido Expand Partnership to Provide Streamlined Digital Identity Verification

Onfido, the global identity verification, and authentication company announced a strategic partnership with leading online food delivery company, Deliveroo, expanding the roll-out of Onfido’s AI-powered identity verification technology to support the food delivery giant’s global expansion. The partnership expansion comes at a critical time when there has been an increase in demand for food delivery services as consumers face restricted access. The new partnership will make it easier and quicker for Deliveroo riders to…

IDology Expands Leading Identity Verification Platform With Unmatched Levels of Control, Customization and Visibility

New capabilities empower businesses to rapidly respond to COVID-related behavioral shifts and quickly act on fraud data intelligence with precision IDology, a GBG company, announced the latest innovation to its multi-layered identity verification platform, ExpectID. As COVID-19 continues to bring complexity to the fraud landscape, IDology is giving businesses the power to respond with new levels of data visibility, control and customization throughout the identity verification process. With ExpectID's Decision Builder,…

LoginID and Ipsidy Announce Strategic Partnership to Combine FIDO2 Strong Authentication with Biometric Identity Verification

The partnership encompasses integration of LoginID’s FIDO2 and UAF certified Strong Customer Authentication platform and Ipsidy’s Biometric Identity Verification platform LoginID Inc. and Ipsidy Inc. a leading provider of secure, mobile biometric identity solutions, have announced a partnership that provides new tools in the fight against fraud in online activities. By integrating Ipsidy’s biometric identity verification platform with the LoginID FIDO as a Service platform, both companies will now offer seamless FIDO2…