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Latest Results from /identity

/identity

BBVA fund invests in LatAm authentication startup Truora

BBVA investment fund Propel has lead a $15 million financing round in Colombian authentication startup Truora.

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US banks back ID verification service

Some of America's biggest lenders have joined forces with Early Warning on a service that lets people use their bank login details to verify their identity when using participating business' sites and apps.

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London Stock Exchange acquires KYC specialist Global Data Consortium

London Stock Exchange Group (LSEG) is continuing its acquisition spree, buying digital ID firm Global Data Consortium to help clients with know your customers requirements.

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Santander UK CIO joins biometric outfit iProov

Biometric face authentication technology company iProov has hired Miguel Traquina, Santander UK's chief information officer for operations and economic crime, as CIO

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Avast acquires Canada's SecureKey Technologies

Digital privacy outfit Avast has acquired SecureKey Technologies, the blockchain-based digital identity company behind Canada's Verified.Me and Australian digital identity exchange ConnectID.

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Tesco Bank brings biometric onboarding to new Pay+ shopping app

Tesco Bank is using biometric authentication technology from Onfido to speed up onboarding for its Clubcard Pay+ account, through which users can ring-fence their grocery spend from any existing bank account.

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TSB overhauls onboarding with Onfido’s biometric facial recognition

TSB has shaved 20 minutes off its onboarding journey to allow accounts to be opened in just 10 minutes. Further, mobile functionality has been updated so only eight scrolls are needed to sign up on a mobile device, compared to 60 scrolls on the website.

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Fed releases toolkit to help banks combat synthetic identity fraud

US banks racked up $20 billion in losses to synthetic identity fraudsters in 2020, according to new data from the Federal Reserve.

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Trulioo acquires no-code ID verification startup HelloFlow

Trulioo has acquired HelloFlow, a a no-code KYC and client oboarding platform set up by two former executives from Saxo Bank and Nets.

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Plaid buys ID verification firm Cognito

Open banking giant Plaid has acquired identity verification and compliance platform Cognito in a deal reported to be worth around $250 million.

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iDenfy launches new phone verification service

Identity verification service company in Europe, iDenfy, has launched an enhanced version of phone verification.

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Finextra's year in review

With 2021 drawing to a close, we take a look back at our most popular news items and community engagement activities over the course of the past year.