Early Warning Services has launched Verify Identity, a synthetic identity fraud detection solution for qualifying financial services organizations (FSOs), mobile network providers, corporations and government entities, the FinTech said in a news release Tuesday (May 3). The company, which is owned by seven of the...
Veriff, a global identity verification provider, is partnering with Alloy, an identity decisioning platform, to enhance Veriff’s know your customer (KYC) offerings, according to a Thursday (April 14) press release. The partnership will help banks and FinTechs fight fraud and remain compliant while also providing additional...
Early Warning Services LLC has teamed up with seven of America’s biggest banks to launch Authentify, an identity verification service for businesses and consumers. According to a company news release Monday (April 4), Authentify is being launched with Bank of America, Capital One, Chase, PNC...
Tesco Bank has launched a partnership with identity verification firm Onfido to provide security for new customers using the Tesco Clubcard Pay+ program, the bank announced in a news release Thursday (March 10). The U.K. company says the partnership will ensure people who apply for...
California should pause and carefully consider its contract with identity-verification firm ID.me in the wake of privacy concerns about the company’s software, a non-partisan state advisor has recommended. In a report issued to Governor Gavin Newsom’s office Tuesday (Feb. 15), the California Legislative Analyst’s Office...
Neuro-ID, which works in behavioral analytics, debuted its ID Crowd Alert and ID Orchestrator products on Wednesday (Feb. 16), which it says will help with identity screening. According to a press release emailed to PYMNTS, this will help with optimizing orchestration and will bolster fraud...
A year ago, with the pandemic in full swing and many stores and businesses shuttered or operating under restrictions, digital commerce was pretty much the only game in town. With that surge in online activity came the growing expectations that commensurate gains in digital fraud...
More businesses than ever are using biometrics to make sure that people accessing services and making transactions are who they say they are. But as Jumio Chief of Digital Identity Philipp Pointner told PYMNTS in an interview, efforts to establish verification standards are currently bifurcated....
Remote onboarding and identity verification continue mushrooming through the phases of the pandemic and with all that convenience come key legal issues that must be quickly resolved. Unattended retail (UR) checkouts and automated kiosks are two gleaming expressions of the digital shift, and as the...
