Editor-in chief. Market intelligence and strategy expert, and long-year speaker, moderator. More than 15 years in global identity verification, age verification, and RegTech markets.
Posts by Per Henrikson:
Designed by BSA professionals and former bank examiners, RiskScout's latest features enable community banks and credit unions to identify and stop fraud faster, without the burden of switching between tools or paying for every extra rule.
The larger system incorporating vascular biometrics is called VeinGoOne, according to a release.It analyzes palm vein images captured in real time, “allowing not only 2D visualization but also 3D reconstruction of vein depth using techniques such as stereoscopy or Time-of-Flight.
Offline access is evolving user experiences of Italy’s IT-wallet. The new feature for the wallet, used by over 5 million users, will mitigate connection issues and provide easier access to digital documents such as driving licence, health insurance card, and European Disability card in remote locations.
As service providers gear up to offering fully trusted services under eIDAS, Google owning its own global digital identity journey has offered localised age verification checks through its open source software library.
The implications for company directors who don’t comply with identity checks will have financial and reputational impacts for their businesses. Directors have been made to face up to identity checks to register a company in Companies House, and avoid fines or finding more expensive identity solutions than necessary.
Grindr has announced that users in the UK will be asked to confirm that they are 18 or over, using face biometric technology from FaceTec.
The release follows the publication of version 2 recommendations for the Verifiable Credentials standards by the W3C in May. The API enables users to consent to share credentials they carry in a digital wallet when requested to by a website.
Organizations can enroll customers with IDnow and authenticate them with Keyless, provides “continuous trust” for high-risk transactions.
The tool scans media sources for potential reputational risks and analyzes the context of any adverse mentions while assessing the credibility of the sources,
IN Group’s stated goal is to consolidate its competitive advantage internationally and capture a growing share of the expanding digital ID market.
The moves comes on the heels of ongoing site security issues for Mercari, including ongoing massive phishing attacks using the onsite messaging system, ironically trying to trick users into compromising bank account and identity information through a fake verification scam.
With the proliferation of popular P2P apps like PayPal, Venmo, Cash App, and Zelle, the global P2P payment market size is projected to hit USD 3.63 trillion this year and reach USD 16.21 trillion by 2034, growing at a CAGR of 18.10% from 2025 to 2034.
