Latest Authentication News: Finextra Research

Microsoft bids to overhaul ID verification

Microsoft has taken a major step in its efforts to create an identity verification system that can be used across organisations.

08 April 2021

Company update/security

Horizon8 launches digital ID tech to boost customer onboarding

Horizon8, an innovative technology firm has launched a game-changing and award winning digital identity platform and mobile application, valid8Me, that transforms the customer onboarding and Know Your Customer (“KYC”) document sourcing challenge for regulated companies across multiple industries, including Accountancy, Legal, Funds, Asset Management, Banking, Insurance and Real Estate.

02 March 2021

Research/Authentication

The Future of Regulation 2021

08 February 2021 838 downloads

Company update/startups

Identity platform IDnow gets €15m boost from EIB

The European Investment Bank (EIB) will provide €15 million of growth funding to the German identity verification platform IDnow.

08 December 2020

News/security

Cost of cybercrime to exceed $1trn in 2020

The worldwide move to remote home working has contributed to a massive rise in cybercrime costs which are expected to top $1trn for the very first time this year.

08 December 2020

News/payments

Can RtP offer the agile approach needed in the post-Coronavirus recovery?

As the world recovers from the Coronavirus pandemic, it is assumed that financial institutions and other businesses will need to adopt new ways of working to navigate what is said to be one of the worst economic downturn in recent years.

23 November 2020

Research/Authentication

The Future of Identity 2020

17 November 2020 262 downloads

News/sustainable

Switzerland launches Green Fintech Network

Switzerland is setting up a Green Fintech Network to help the country take advantage of the "great opportunity" presented by sustainable finance.

06 November 2020

News/identity

Spanish banks lead development of blockchain-based digital ID model

Ten leading Spanish companies - including Santander, LiberBank, Bankia, Caixa Bank, and BME - are planning to roll out a self-managed digital identity model using blockchain technology.

05 November 2020

Company update/regulation

Kompli-Global launches outsourced KYC offering

With fraudsters and money launderers becoming increasingly clever, regulated entities do not always have the time or in-house expertise to keep up with their regulatory compliance obligations.

24 September 2020

News/startups

UK's Tech Nation announces latest fintech cohort

Thirty one UK scaleups have been selected to participate in the third cohort of Tech Nation's fintech programme.

23 September 2020

Company update/regulation

Paragon Bank and TruNarrative join forces to automate due diligence

Paragon Bank has procured business onboarding and automated due diligence technology services from RegTech firm, TruNarrative.

22 September 2020

Company update/identity

Instant Action launches shareholder identity service

Instant Actions today announced that it has released a ready-to-implement solution to address the data risks created by the Shareholder Rights Directive II (SRD2).

18 September 2020

News/regulation

Microsoft tests show SCA leads to checkout abandonment

Strong Customer Authentication (SCA) testing by Microsoft shows that customers are abandoning their purchases at high rates when challenged at the checkout.

10 August 2020

News/retail

DBS trials SingPass face verification for digital banking sign-ups

DBS is working with Singapore's government to pilot the use of the SingPass face verification technology to sign up customers to digital banking services.

30 July 2020

Company update/security

Prove buys mobile authentication line of business from Early Warning Services

Prove (formerly Payfone), the modern platform for continuous identity authentication, today announced the acquisition of mobile authentication lines of business from Early Warning Services, LLC, a consortium owned by seven of the country’s largest banks.

29 July 2020

News/security

Barclaycard adopts SCA-busting fraud module from Kount

Barclaycard Payments, which processes almost 40 per cent of card transactions in the UK, is to provide merchant customers with real-time fraud detection software from Kount.

02 June 2020

Research/Authentication

The Irish Banking Ecosystem, Interconnection and the Speed of Change

16 March 2020 413 downloads

News/Authentication

Pope weighs in on AI ethics debate

The Pontiff is the latest public figure to offer an opinion on the ethics of using artificial intelligence (AI), issuing a set of principles on the use of new technology.

28 February 2020

News/Authentication

Euro agencies to develop blockchain forensics

Two defence agencies in Austria and France are joining forces to improve cryptocurrency security and tackle the rising rate of crime in the crypto market.

28 February 2020