In an era dominated by smartphones, the necessity of carrying physical driver’s licenses or ID cards may soon become obsolete. Across the United States, the momentum behind mobile driver’s license proposals is gaining significant traction. States, as well as the federal government, are increasingly viewing...
Sandbox Banking and Plaid have partnered to offer automated identity verification solutions for the financial services industry. This collaboration will bring together banking solutions from Sandbox Banking and identity verification technology from Plaid, the companies said in a Wednesday (March 27) press release. “Bolstering the era of digital...
Identity verification firm SheerID has debuted a tool to authenticate in-store shopper IDs. SheerID InStore, announced Thursday (March 14), allows retailers to more easily verify the eligibility of in-store customers for gated offers to “coveted communities” like students, teachers, and healthcare workers. “With the addition of SheerID...
Israeli identity verification firm AU10TIX has launched a know-your-business (KYB) solution. “Increasingly rigorous regulatory demands are forcing businesses across all sectors to collect and analyze more data about the identities of their partners and vendors,” the company said in a Tuesday (Feb. 27) news release. “Companies must also ensure...
Google is letting users in three more states store their state IDs in the Google Wallet app. Already live in Maryland, the tech giant is extending the program to users in Georgia, Arizona and Colorado, Google said in an announcement provided to PYMNTS Wednesday (Oct....
Identity verification platform Trulioo has unveiled new person-matching capabilities. The launch, announced Thursday (Aug. 24), gives companies an alternative to working with multiple vendors to verify identities using personally identifiable information (PII) and identity documents. “A piecemeal approach to person matching through multiple vendors has been a necessary...
Digital identity provider Socure has paid $70 million to buy document verification startup Berbix. The cash and stock transaction, announced Tuesday (June 27), allows Socure to integrate Berbix’s technology and unveil its Predictive Document Verification (DocV) 3.0 solution. Based in San Francisco, Berbix offers a patent-pending forensics engine that...
Airbnb will soon ask customers to verify their identity before booking a reservation. In an interview with CNBC Friday (Feb. 3), Airbnb head of operations Tara Bunch said that while 80% of the company’s bookings already feature identity verification as an option hosts can request,...
Identity security firm Trulioo has unveiled a global identity platform for personal and business verification. As the company noted in a Tuesday (Jan. 31) news release, the launch comes as a surge in eCommerce, mobile payments and digital currencies offers businesses chances for innovation and...
