Revisiting OnlyFake: Peeling Back the Layers
There was panic among crypto exchanges last month around news of OnlyFake producing AI-generated fraudulent ID documents that succeeded in passing multiple Know Your Customer … Read more
Industry: Financial Services
Data Breach Dissection, Part 3: Face Matching Solutions
In part 1 and part 2 of this blog series, we looked into the inadequacy of passwords as the last line of defense for administrator … Read more
The Power of Consolidated Identity Verification Solutions
Within our globally interconnected landscape, the need for robust identity verification (IDV) solutions has never been more critical. From financial institutions to telecoms to online … Read more
Capturing/Scanning vs. Verifying ID Docs: The Basics
Identity verification (IDV) is now crucial for businesses, particularly for large companies that handle a high volume of identity documents during the onboarding process. However, … Read more
Shedding Light on OnlyFake
Among the billions of pages on the internet, a clandestine world exists where illicit activities thrive. Recently, an alarming revelation has come to light with … Read more
Data Breach Dissection, Part 2: Biometric Validation
In my previous blog, I looked into the inadequacy of passwords as the last line of defense for administrator portals. With greater awareness of the … Read more
Data Breach Dissection, Part 1: Are Admin Passwords Dead?
Last week my kids came of age. We received a letter in the mail from our medical benefits provider that one of their data service … Read more
Is the Deepfake Threat in Digital Identity Verification Real or Fake?
There has been a lot of hype recently about the threat of deepfakes in digital identity verification (IDV). Deepfakes get a lot of airtime, which … Read more
Unmasking Racial Bias in AI
Artificial intelligence (AI) has rapidly become an integral part of our daily lives, from virtual assistants to recommendation algorithms in our streaming services to healthcare … Read more
IDVerse Wins Best Identity Verification System at the 2023 Banking Technology Awards
London, UK – 5 December 2023 IDVerse won the Best Identity Verification System Award at the 2023 Banking Technology Awards in London. Now in its … Read more
The Banking Evolution: AI, Inclusion, and Innovation
Adam Desmond, Commercial Director at IDVerse, took part in a panel called “Fighting FinCrime with AI” at the Future Identity Festival. The resulting discussion explored … Read more
Data Nutrition Labels and Beyond: Paving the Way for Ethical Digital ID Practices
Russ Cohn, IDVerse’s Go-to-Market SVP, took part in a panel “The Digital Identity Roadmap: Priorities and Strategies for Businesses” at the recent Future Identity Festival … Read more
Interpreting the New ICO Guidance on Biometrics
In its new Biometrics Guidance, the UK Information Commissioner Office (ICO), has bravely started to address an issue that so far has remained below the … Read more
IDVerse Offers the Mastercard Engage Partner Program An Inclusive Digital First Experience
London, UK – 9 November 2023 World-leading digital ID verification company IDVerse (previously known as OCR Labs Global) today announces joining the Mastercard Engage partner … Read more
Regtech: Challenges and opportunities in an evolving sector
With the rapid rise of generative AI, regulators have struggled to keep pace with criminals who use this technology to commit fraud. Given how important … Read more
Digital banking: Challenges, innovation, and a look toward the future
With the use of digital banking services growing exponentially in the last few years, innovation in the industry is a given. Consumers can now instantly … Read more
AI Bias in Banking: Addressing the Newest Challenge in Financial Services
Download Report – AI Bias in Banking: Addressing the Newest Challenge in Financial Services Artificial intelligence (AI) is truly the most transformational technological advancement of … Read more
Falling Behind: Why Legacy Identity Verification Solutions Come at a Price
Download the report – Falling Behind: Why Legacy Identity Verification Solutions Come at a Price Picking the right IDV vendor is a crucial decision—and choosing … Read more
Insights from the AltFi Lending Summit: A Fireside Chat on the Future of Lending
Earlier this month I had the privilege of facilitating a fireside chat with two prominent figures in the financial industry: Sam Power, Chief Growth Officer … Read more
IDVerse partners with Conga to accelerate revenue lifecycle management
Digital ID verification streamlines onboarding and protects Conga’s customers from fraud Sydney – 24 October, 2023 – IDVerse, a world leader in digital ID verification … Read more
