Latest Identity News: Finextra Research

HSBC sings the praises of Voice ID

HSBC claims that the introduction of voice biometrics at its call centres has prevented almost £400 million of customers’ money from falling into the hands of telephone fraudsters in 2019.

16 March 2020

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RBC rolls out digital ID verification for account opening

The Royal Bank of Canada (RBC) is using AI and NFC technology to let clients digitally verify their identities when their open accounts in branch.

16 March 2020

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Estonian e-Residency MD: No deal Brexit is no problem thanks to digital identity

Digital residency could nullify the worst-case scenario of a no-deal Brexit for small companies and entrepreneurs, according to Ott Vatter, managing director of Estonia’s e-Residency programme. “E-residency can be a solution for some companies due to the uncertainty,” he tells Finextra Research.

05 March 2020

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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

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Mobey Forum: Banks' big opportunity in digital ID won't last forever

Banks are at risk of losing their strong position in the development of national digital identity schemes to Big Tech giants and other globally networked firms, according to a report from industry association Mobey Forum.

17 February 2020

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BBVA responsible business global head: “UN SDGs are the biggest business opportunity for banks”

Finextra Research spoke to Antoni Ballabriga, global head of responsible business at BBVA, co-chair of the global steering committee and European banks’ representative for the United Nations Environment Programme Finance Initiative (UNEP FI) about sustainable finance in the investment and lending space.

11 February 2020

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Mastercard invests in online and offline identity startup Trust Stamp

Mastercard has made a strategic investment in AI-generated identity authentication company Trust Stamp.

31 January 2020

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How banks can modernise processes to comply with regulations

In a post-financial crisis world, financial institutions are under pressure to transition from using the London Interbank Offered Rate (LIBOR) to the new Sonia rate, that is overseen by the Bank of England.

30 January 2020

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Regulators are focusing on data privacy and identity: What should banks do next?

California’s pioneering Consumer Protection and Privacy Act (CCPA), the first comprehensive consumer privacy law passed in the United States, went into force on January 1, 2020 but some of the law’s implications are already emerging.

23 January 2020

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Amazon working to connect credit card information to your hand

Amazon is attempting to turn your hand into a credit card, according to the Wall Street Journal.

20 January 2020

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Meeting due diligence requirements is akin to conducting an orchestra

Compliance officers in financial services should think of themselves as orchestra conductors, according to Charles Gaddy, co-founder of identity verification service company, Global Data Consortium.

08 January 2020

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Mastercard trials digital identity tech

Mastercard is carrying out the first pilot of a digital identity programme designed to let people prove who they are immediately, safely and securely in both the digital and the physical world.

11 December 2019

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