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Security

Jumio Launches Real-Time Verification Solution, Powered Exclusively by AI

October 29 2019

• in
• Verification

“Jumio, the leading AI-powered trusted identity as a service provider, today announced the beta release of Jumio Go , the company’s first real-time, fully automated identity verification solution. It is designed to remove friction from the user onboarding process, while still fighting online identity fraud and meeting AML and KYC compliance mandates.”

On The Web

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Deals

Jumio Raises $150M As Its All-in-one ID Authentication Platform Crosses 300M Verified Identities

March 23 2021

• in
• Biometrics
• Verification

“Digital identity services — used as a key link between organizations to verify that you are who you say you are online and individuals logging into those services — have come into their own in this past year. Now, one of the companies providing digital identity products is announcing a large round of funding, underscoring […]

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Deals

Andreessen-Backed Startup Pindrop Agrees to Buy Next Caller

March 19 2021

• in
• Verification

“Voice security startup Pindrop Security Inc. has agreed to buy Next Caller Inc. , making its first acquisition to build out personalization and verification services as the coronavirus pandemic spurs a surge in call volumes. Pindrop Chief Executive Officer Vijay Balasubramaniyan said the deal was for a mix of cash and equity with additional payments […]

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Deals

Payfone raises $100M for its mobile phone-based digital verification and ID platform

June 18 2020

• in
• Verification

“As an increasing number of daily and essential services move to digital platforms — a trend that’s had a massive fillip in the last few months — having efficient but effective ways to verify that people are who they say they are online is becoming ever more important. Now, a startup called Payfone, which has […]

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Security

CULedger Completes Blockchain Identity Pilot With Three US Credit Unions

December 16 2019

• in
• 3D Secure
• Authentication
• Behavioral biometrics
• Biometrics
• Cybersecurity
• Data security
• Encryption
• Facial recognition
• Identity
• KYC
• P2PE Validation
• Tokenization
• Verification

“CULedger claims that MyCUID users can verify their identity by using a biometric function on their smart phone, such as voice, fingerprint or facial recognition. The vendor says that data from its pilot indicated that the average time to verify a member’s identity had been reduced from the industry average of more than 50 seconds […]