Latest Identity News: Finextra Research

NatWest takes digital ID to the Nordics

NatWest is to make its digital identity service for legally binding documents via Adobe Acrobat Sign available to customers in the Nordics.

08 July 2024

/identity

Digital IDs from Lloyds, Yoti and the Post Office gain proof of age accreditation

Three digital ID apps from Yoti, Lloyds Bank and the Post Office have been accredited by the UK’s national Proof of Age Standards Scheme (Pass).

25 June 2024

/identity

EBAday 2024: Tokenisation and digital identity will lead banking evolution

At EBAday 2024 in Lisbon, after a buzzing morning of introductions and a keynote to set up the themes for the rest of the conference, David Birch presented a challenge speech titled ‘Digital Money, Digital Assets, Digital Identity: The Future of Banking’.

18 June 2024

/identity

UK home to 3m 'Frankenstein identities, posing multi-billion pound threat

The UK is home to nearly three million "Frankenstein" identities stitched together by fraudsters out of real and made up personal details, according to researchers who warn of a potential multi-billion pound hit to the economy.

13 June 2024

/identity

EBAday 2024: Fintech Zone finalists revealed!

For the sixth year running, EBAday will host a dedicated Fintech Zone, where 16 early stage and growth startups will compete for the chance to be crowned the 2024 winner.

11 June 2024

/identity

CFIT launches coalition to fight economic crime through verification

The UK Centre for Finance, Innovation and Technology (CFIT) has put together an industry coalition to fight economic crime through enhanced verification.

11 June 2024

/identity

Revolut adds new in-app verification layer to counteract theft from stolen mobiles

Revolut has added an extra layer of in-app identity verification designed to protect customers who have had their unlocked phone stolen, or password and face recognition compromised.

10 June 2024

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Payment identity network iPiD secures $5.3 million funding round

Founded by a team of former Swift executives, iPiD (International Payment Identity) has raised $5.3 million to roll out a Confirmation of Payee product across Europe.

05 June 2024

/identity

EBAday 2024: 100 banks registered and ready to fuel the payments technology conversation

Q. What does the payments sector look for in a conference? A. The number of banks registered to attend and the number of bank speakers on the agenda, ready to openly communicate to the audience how they are currently leveraging technology.

29 May 2024

/identity

Australia passes Digital ID Bill

The Australian Government has passed the Digital ID Bill 2024 and Digital ID (Transitional and Consequential Provisions) Bill 2024.

17 May 2024

/identity

CommBank's x15 Ventures rolls out Truyu digital ID app

In the week that the Australian Federal Government committed $288 million to advance digital ID and tackle identity theft, CommBank's venture scaler unit x15Ventures has developed Truyu, an app that alerts users when there credentials are at risk of being misused by fraudsters.

14 May 2024

/identity

SoFi fined $1.1 million over flawed ID programme that led to multi-million dollar fraud

SoFi's self-directed retail brokerage unit has been fined $1.1 million by financial regulator Finra over ID verification failures that enabled thieves to steal $8.1 million from the accounts of customers at other financial institutions.

08 May 2024

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