The Everest Foundation offers 15 billion digital identities and wallets with ID tokens free of charge

The Everest Foundation offers 15 billion digital identities and wallets with ID tokens free...

  By FintechNews staff The Everest Foundation (EF) has announced a new biometric-based digital ID and wallet project based on a tokenomics model. Available to everyone free...
Cybersecurity in the financial industry

Cybersecurity in the financial industry

By FintechNews Staff -Second only to healthcare in the hierarchy of most cybersecurity attacks, the financial industry is harangued on all sides by cybercriminals. --Hacking and...
Open banking fraud: Finologee chooses Konsentus Verify

Open banking fraud: Finologee chooses Konsentus Verify

  By FintechNews staff -Finologee, a fast-growing digital platform operator of robust, ready-made and compliant systems and APIs, has chosen Konsentus Verify to protect the institutions they serve with...
iDenfy launches an innovative tool to further enhance its ID verification process

iDenfy launches an innovative tool to further enhance its ID verification process

  By FintechNews staff -We are quickly becoming aware that the digital world is growing at a faster rate than new experts in the IT industry...
AI-driven technologies increase the efficiency of passport control

AI-driven technologies increase the efficiency of passport control

  By FintechNews Staff Summary: -Smart Engines' AI-driven software was equipped in passport e-gates Sapsan at Sheremetyevo International Airport SVO for contactless border control on international flights....
Machine learning and AI in travel: 5 essential industry use cases

Machine learning and AI in travel: 5 essential industry use cases

  Imagine that you are planning a trip. A few decades ago, it would take you a lot of time and effort to research destination...
AI-powered biometric authentication

AI-powered biometric authentication

  According to IBM, 20% of breaches are caused by compromised credentials. In 2021 25% of businesses have completed deployment of AI-based security, while 40% are...
Addressing U.S. cybersecurity concerns through biometrics

Addressing U.S. cybersecurity concerns through biometrics

In 2020, a major U.S. information technology firm was hacked, exposing sensitive material from over 18,000 of its customers, many of which included government...
What role will facial recognition tech play in post-pandemic travel?

What role will facial recognition tech play in post-pandemic travel?

  The COVID-19 pandemic has prompted the expansion and accelerated development of various touchless technologies, with facial recognition being one among them. We spoke with...
These insights are based on a report on Behavioural Biometrics Market by Fact.MR.

Research: the global market for behavioural biometrics is anticipated to top US$ 9 Bn...

Staff FintechNews   Behavioral biometrics is a technology that analyzes measurable patterns in human activities. These patterns include mouse activity, keystroke movement, and device movement. Behavioral...

Latest article

5 trends these AI experts think could change payments and commerce

5 trends these AI experts think could change payments and commerce

  For businesses at the forefront of their industries, artificial intelligence (AI) has become unavoidable.  An unavoidable certainty, that is.  That’s why, for the past five months, PYMNTS...
The risks of overbuilding Crypto infrastructure

The risks of overbuilding Crypto infrastructure

Unlike previous eras of the internet, Web3 infrastructure has far outpaced applications development. Jesus Rodriguez explains why that could be a problem. By Jesus Rodriguez The...
Tokenization’s rise offers new ways to monetize data and real world assets

Tokenization’s rise offers new ways to monetize data and real world assets

  The concept behind tokenization is simple. Tokenization is a tech-enabled way to safeguard sensitive information by replacing it with non-sensitive, scrambled strings of information. The practice...