Identity verification stories - Page 11

Yaspa won the Real-Time Payments Innovation award for its AI-powered platform that streamlines instant bank transfers and KYC verification across the UK and Europe.

Nearly 80% of financial firms have neglected to verify exit plans of cloud and SaaS providers, risking major disruption in their technology supply chains.

UK conveyancing faces tougher anti-money laundering checks as 73% of law firms' suspicious activity reports link to property transactions.

UK firm Verifymy teams up with k-ID to integrate email-based age checks into developer toolkit, enhancing online safety for children amid growing global regulations.

A FICO survey reveals 70% of UK consumers rank fraud protection as a top priority when choosing banks, reflecting rising security concerns.

MPs will debate Labour's plan for a compulsory digital ID system in the UK, sparking discussions on security, privacy, and legal safeguards.

Data Zoo partners with Ping Identity to provide verified global data in PingOne Verify, boosting secure digital identity verification across 60+ countries.

A survey shows 73% of shoppers use AI tools, raising new fraud risks and liability concerns for merchants during the rise of agentic commerce.

Yubico unveils prototypes of post-quantum security keys and new digital identity features, enhancing authentication beyond passwords with stronger, privacy-focused tech.

SMEs in Australia and the UK face rising cyber threats; experts urge cutting data and boosting defences as attacks and costs escalate rapidly.

Willo secures GBP £3 million to boost AI-driven job application checks amid rising fraud, expanding its reach in the US and launching new verification tech.

IT help desks are a growing cybersecurity weak spot as attackers exploit urgent scenarios, prompting calls for better identity verification during Cybersecurity Awareness Month.

The UK's new digital ID scheme aims to cut fraud by GBP £1.6bn yearly but faces concerns over inclusion, innovation, and effective implementation from experts.

Credas has launched its Compliance Wallet to reduce duplication and speed up property sector compliance checks with 15 million wallets available at launch.

Firevault launches offline digital vault system to shield businesses and directors from rising cyber breach risks and hefty fines in the UK and worldwide.

Gartner names Daon a Leader in identity verification, citing its advanced biometric tech and AI defences against rising deepfake fraud threats worldwide.

LegitScript has launched automated Global Business Identity Check and U.S. TIN Verification to speed and improve merchant onboarding worldwide.

ANNA Money used an AI agent to fully register a UK business account online, completing all identity checks and payments autonomously in a groundbreaking test.

Four in five gamers have encountered cheating, with 55% reducing in-game spending, posing serious revenue risks for game studios worldwide.

Riskified and HUMAN Security partner to help merchants manage rising risks and opportunities from AI-driven eCommerce shopping agents.