On The Web

nbsp;

Companies

You’ll Soon Be Able to Use Your IPhone As ID at the Airport

June 8 2021

• in
• Apple
• Digital ID

“Apple has announced a forthcoming update to its Wallet app that will allow you to use your iPhone as digital identification in select US airports. The company showed how you’ll be able to scan your driver’s license or state ID in participating US states, which will then be encrypted and stored in the iPhone’s secure […]

nbsp;

Deals

Capital One Ventures Invests in Socure Digital Identity Analytics | Biometric Update

June 7 2021

• in
• Digital ID

“Socure has boosted Capital One’s digital identity trust to increase card approval rates and slash false positives for its U.S. card team, leading the financial institution’s venture arm Capital One Ventures to make a strategic investment in the company. Socure recently became the latest unicorn biometrics with a $100 million funding round that included several […]

nbsp;

Security

EU set to unveil digital wallet fit for post-Covid life

June 1 2021

• in
• Digital ID

“The EU is set to unveil detailed plans for a bloc-wide digital wallet on Wednesday following requests from member states to find a safe way for citizens to access public and private services online. The digital wallet would securely store payment details and passwords and allow citizens from all 27 countries to log into local […]

nbsp;

Security

Payments Pioneer’s Vision: Use AI to Link Digital ID, Banks

February 1 2021

• in
• Digital ID

“Will Graylin’s new company OV Loop wants to use artificial intelligence — including the platform it just inherited with its PayFi acquisition — to connect digital ID to in-app payments, making it easier for banks to work with third-party wallets.”

On The Wires

nbsp;

Companies

Mastercard to Acquire Ekata to Advance Digital Identity Efforts

April 19 2021

• in
• Digital ID
• Mastercard

“Trust is the key ingredient to conducting digital commerce. Central to creating trust in a digital world is the ability to prove your digital identity – who you are, whether you are interacting in person, online or in app. Today, Mastercard (NYSE: MA) took steps to advance its identity verification efforts with the acquisition of […]

nbsp;

Deals

Equifax Announces Definitive Agreement to Acquire Kount

January 11 2021

• in
• Digital ID

“Equifax ® (NYSE: EFX ) a global data, analytics and technology company has signed a definitive agreement to acquire Kount, a provider of Artificial Intelligence (AI)-driven fraud prevention and digital identity solutions, for $640 million. As global digital transformation accelerates, driving customer interactions to digital channels in record numbers, businesses require new ways to establish digital […]

nbsp;

Companies

Mastercard and Optus Bring Digital Identity to the Australian Telecommunications Industry

November 17 2020

• in
• Digital ID
• Mastercard

“Mastercard and Optus today announced a strategic partnership to provide customers a simpler and more secure way to prove their identity online and in-store. In using ID , the Mastercard digital identity service, Optus will strengthen its identity verification and authentication process while retaining its best-in-class, digital-first customer experience.”