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
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
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
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
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
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
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
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?
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...
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...
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The risks of overbuilding Crypto infrastructure
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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...