iProov joins multi-country payments pilot for EU Digital ID Wallet

iProov joins multi-country payments pilot for EU Digital ID Wallet

Biometric technology provider, iProov has joined a network of multiple countries testing a cross-European payments system for the EU digital ID wallet.

The EU digital wallet is said to be a strong market contender to deliver a unified, interoperable digital identity system, which will allow citizens to securely save their identity documents and personal information in one app.

One strategy that the European Commission has implemented in building a multi-disciplined EU digital wallet has been to work with varied  technology providers to integrate not only citizens’ identity documents and driving licences but medical records and bank cards. Through the DIGITAL-programme, the EU Commission called for pilots across different functions of the app.

Six countries are members of the Consortium, founded by NOBID, including Denmark, Germany, Iceland, Italy, Latvia and Norway. The payments pilot will be built upon a foundation of existing payments infrastructures, allowing users to do account-to-account and instant transfers.

Founder and CEO of iProov, who presented at Identity Week Europe in June, commented: “iProov is delighted to have contributed as a core team member in this consortium, which comprises so many distinguished digital identity experts”.

“We are committed to its vision for an inclusive and secure way to help citizens make payments. The success of the EU Digital Identity Wallet will depend largely on citizen adoption and usage. iProov provides simple and secure remote enrollment and authentication, which will be crucial to this goal”.

iProov’s flagship products deliver Genuine Presence Assurance which is defined by authenticating user access requests in real time, combining biometric technology and coloured illumination. Meet them in-person at Identity Week America where they will be exhibiting as a Platinum Sponsor: https://www.terrapinn.com/exhibition/identity-week-america/index.stm

Speaker’s remarks on securing digital ID for reliable financial services

Speaker’s remarks on securing digital ID for reliable financial services

With Identity Week America only weeks away, how critical is achieving digital identity and who is discussing it?

Just recently, Acting Deputy Director of the Financial Crimes Enforcement Network, Jimmy Kirby, demonstrated the relevance of continuing to discuss how digital identity can be implemented across industry case studies.

Digital identity remains a critical benchmark to reach in order to secure reliable and secure financial services. In his speech at the Federal Identity Forum & Exposition, Kirby alluded to the challenges and important factors in implementing digital identity, including being aware of emerging threats, ensuring responsible innovation and expanding partnerships and feedback mechanisms to enable to provision of digital ID in Financial services.

FinCEN is a bureau of the U.S. Department of the Treasury with a mission to safeguard financial services and systems from fraudulent use and the threat of money laundering through through the collection, analysis, and circulation of financial intelligence and alliance with key financial authorities.

FinCEN is directly involved in helping financial institutions to identity their customers and combating fraud. Embodying the principles of the network in promoting innovation around digital identity, he emphasised important features of a digital identity framework to accelerate secure financial services.

Kirby noted that “evidence of digital identities must be dynamic and able to be updated frequently”, shared in forums to report on progress of use cases. Identity Week America, which will take place for U.S. identity stakeholders on the 4 and 5 October, will deliver just this – providing a fruitful forum to reassess digital identity solutions and their deployment.

“We also need to consider features related to source verification and interoperability” he added. Eventually, consumer data collected from identity verification will also be available to be stored cryptographically and accessed via token exchange.

In harmony with the topics discussed at identity Week America, he emphasised that developments in digital identity rely on protecting user privacy concerns while ensuring financial inclusion and the integrity of financial services built on a foundation of trust.

Secure your ticket for identity Week America, on 4-5 October: https://secure.terrapinn.com/V5/step1.aspx?E=10580

Apple Wallet IDs can now be used in third-party apps

Apple Wallet IDs can now be used in third-party apps

In the age of interoperability, Apple users can now share their digital identity documents stored in the wallet with third-party apps.

Digital identity is becoming more integrated in all our lives and converging with access to many everyday services. Moreover, a growing number of our most important assets such as our car, house, workplace and even hotel room keys can be now digitally and securely stored on Apple devices and shared via messaging apps, email and WhatsApp.

Permitting that third-party apps support Apple’s digital wallet, customers can opt to share requested identity information from a digital ID document in the wallet when shopping online or accessing online services. The update applies to Apple’s iOS 16 operating system.

Apple said: “Users can simply tap a button to seamlessly present their driver’s licence or state ID information in apps that require identity or age verification”.

The transfer of user data must be authorised using Face ID or Touch ID recognition. Apple supports state-issued digital IDs from participating U.S. states. Back in June, Apple CEO Tim Cook spoke during the Worldwide Developers Conference in Cupertino, California around the strong encryption credentials of the Wallet and new privacy protections to instil greater user confidence in adopting the Apple’s digital wallet.

It continues to work alongside the U.S. Transportation Security Administration to improve acceptance of digital IDs at airports.

Arizona was the first U.S. state to offer ID and driver’s license in the Apple wallet with Arizona and Maryland also following suit  to support Apple IDs in the wallet. The states of Colorado, Hawaii, Mississippi, Ohio, and the territory of Puerto Rico plan to collaborate with Apple on delivering the service to their residents.

EU cybersecurity certification levels could be misleading, says regulator

EU cybersecurity certification levels could be misleading, says regulator

GlobalPlatform, the standards organisation for digital services and devices, has released a whitepaper which highlights the “confusing” way which security levels are assigned to certifications carried out by national agencies as opposed to private certifications.

It indicates a disparity between certifications conducted by larger entities which were recognised as meeting the highest level of security, versus private certifications only being given a ‘substantial’ recommendation. As the whitepaper outlines, this suggests that a more secure procedure is followed by larger agencies to advise the security and safety of devices which could impact the user’s trust. GlobalPlatform states this confuses security robustness with assurance that all devices are secure.

The security categories are provided as part of the EU Cybersecurity Certification Scheme (EUCC) proposed by the European Union Agency for Cybersecurity aligned with  Cyber Security Act.

Olivier Van Nieuwenhuyze, Chair of the GlobalPlatform Security Task Force, explained the pitfalls of damaging trust: “Businesses and citizens need clarity and confidence to adopt technology” he said.

“If a device is certified as highly secure, that achievement should equate to the robustness of the device’s security and the functionality it can support. In differing from well-established security levels used in industry, the EUCC has introduced confusion and disturbed ecosystems founded on existing security schemes” he commented. 

While the standard for high levels of security within digital devices is implemented, it is undermined by the user’s damaged trust of a product and varying standards of security within the industry.

Moreover, the lack of standardisation across certifications is problematic due to damaging the credibility of established security certification schemes, such as those managed by GlobalPlatform and other reputable industry organisations. It places more importance on the entity that certified the products than the security and safety of the device.

Oliver also said that end users must be given the accurate information to make informed choices which affect buying. “For a time, only security experts will be able to understand the security robustness of a product” he says, which critically needs to be shared with the consumer and end-user and must meet their expectations, otherwise brands face being exposed and damaged.

The whitepaper calls for greater alignment between public and private certification schemes, and increased involvement from the industry, to ensure cybersecurity certification schemes meet the right requirements for standardisation and accuracy, and do not negatively impact the sales power of a product. 

Gil Bernabeu, Technical Director of GlobalPlatform, says: “The EU CSA, ENISA and the EUCC has a fundamental role to play in the future of cybersecurity on both the European and global stages. Alignment with existing cybersecurity initiatives and security levels will help the ecosystem demonstrate the capabilities of products, foster confidence and adoption, and provide greater end-to-end security, privacy, simplicity and convenience for everyone”. 

OpenWallet Foundation strives for interoperability of digital wallets

OpenWallet Foundation strives for interoperability of digital wallets

Digital wallets from big providers are emerging everywhere, from PayPal, the Apple Wallet and Google Wallet, to Venmo and Cash App. Payment cards have now taken a new form in e-wallets as well as ID, and even driver’s licences.

In the wake of progressive digital ID, we must ensure that different solutions available are interoperable to integrate with existing systems and be easily implemented. It is a sizeable challenge facing EU digital wallets taking on multiple bank networks.

The new initiative, built upon an open-source bedrock, is called The OpenWallet Foundation (OWF) founded by CEO of open banking startup Yes.com.

The European Mobile Payment Systems Association (EMPSA), which is comprised of 16 wallet providers, aims to maintain interoperability as the guiding principle which has long been instilled in the payments industry, to ensure compatibility between different systems.

The onset of cryptocurrency, tokenised money which is traded digitally, is also enhancing the commercial use of digital wallets which will soon have the infrastructure to support alternative currencies.

While the OpenWallet Foundation does not intend to create a new digital wallet or set standards around interoperability, the initiative is to forge a community which supports the future of integratable solutions and which currently includes Okta, Ping Identity, Accenture, CVS Health and OpenID Foundation.

There is no doubt about the benefit of digital wallets to support a growing number of digital assets on mobile devices that convenience people in making payments, accessing services and verifying their identities efficiently and effectively.

Poland’s Blik, an instant payment system that allows users to make transactions on their standard mobile banking app, recently appointed mobile transaction specialist VIAMO while it awaits approval from the regulator.

Moreover, last year Danske Bank in Denmark – which owns MobilePay – closed an agreement to merge its payment system with Norway’s Vipps and Finland’s Pivo mobile wallet.

Popular wallets such as Apple Pay or the Google Wallet, which aptly re-branded to just ‘Wallet’, use near-field communication (NFC) technology and offer a universally recognised mobile payment method that is accepted by most merchants.

Interoperability must also be the focal-point of the government’s digital transformation and provision of digital ID systems while it overlooks the legal frameworks that enterprises and solution providers must abide by.

IDnow joins Accelerate@IATA programme

IDnow joins Accelerate@IATA programme

An accelerator programme run by the International Air Transport Association (IATA) and Plug and Play has recently recruited IDnow, a KYC identity verification platform, to act as regulation advisors in the field of identity checks and digital identity verification.

Since its creation in 2019, the Accelerate@IATA programme has shifted its focus from nurturing start-ups in airline retailing to realigning with the recovery of the travel sector following the pandemic.

The start-up accelerator currently partners with several airlines including Copa Airlines, Korean Air, International Airlines Group, Japan Airlines, Singapore Airlines, Emirates Airlines, Royal Air Maroc, mainly within Asia’s air space. The extraordinary impact of the COVID-19 pandemic brought world and international travel to a virtual standstill and reportedly, a global loss of 75 million jobs and $2.1 trillion in revenue, according to the World Travel and Tourism Council.

It meant that Accelerate@IATA readjusted by exploring new technologies in digital health credentials, and start-ups looking for investment were also forced to adapt their solutions to meet the demand to increase passenger confidence and security more than normal by managing the virus.

IDnow works in the area of digitally verifying customers using video combined with e-signatures, which served as the first secure solution without relying on additional hardware. In May 2016, the EU obtained a patent for IDnow’s video identification process.

290 airlines belong to IATA, The International Air Transport Association, accounting for 83% of the total aviation ecosystem. The trade association’s main aims are to promote safety, security and sustainability in the air transport sector helping to inform policy and legal frameworks on critical issues.

As well as elevating IDnow to secure more funding and visibility, the startup is also collaborating with IATA One ID working group to increase the efficiency of biometric technology which is deployed by its partner airlines and introduced in airports. Moreover, the goal of organisations like IATA One ID is increasingly to set industry standards around ensuring a customer’s entire journey from when they arrive at check-in to boarding is seamless and digital, including personalising flight information using biometric systems.

IDNow joins the programme at a developing time for travel, with the provision of remote document checks, simple biometric recognition technologies, advanced data, improving the interoperability of different market solutions for multiple uses.

Announcing its participation in Accelerate@IATA, IDnow also acknowledged that it will work alongside members of IATA Think Tank, including airlines and technology providers, about the integration of digital identity across the consumer travel experience.

“We are very pleased to have IDnow participation in the heart of industry innovation conversations. IDnow brings their expertise on the secure decentralized digital identity to support the airline industry for the journey to customer-centricity.” – Kat R. Morse, Senior Manager Innovation, Partnerships and Events at IATA.

Michael A. Binner, Director of Digital Identity at IDnow said: “We understand that in the modern air travel industry, digital identities have a huge potential to shape a whole new traveler experience. From lowering the fraud risk for airlines, to creating a more seamless and low-touch experience for passengers and offering a GDPR compliant solution for storing and sharing of biometric pictures for airports and other players – Digital identity is the key. We are excited and proud to have been selected by IATA to work together and to partner with some of the most prestigious airlines of the world to shape the future of air travel”.

Digital identity is key to coping with surge in air travel

Digital identity is key to coping with surge in air travel

The International Air Transport Association’s One ID digital identity initiative will pave the way for seamless air travel from curb to gate and help airports cope with growing passenger traffic.

The surge in air passenger traffic, a shortage of airport manpower and Covid-19 travel requirements have increased processing time for air travellers over the past year.

Not only do travellers have to grapple with changing travel restrictions, they also have to verify their identities at multiple checkpoints, from the moment they arrive at the check-in counter to the time they go through security and board the plane at the gates.

Against this backdrop, providing a contactless and seamless travel experience is necessary for airports to cope with the growing demand for air travel in the aftermath of the pandemic, according to Vinoop Goel, Asia-Pacific regional director of airports and external relations for the International Air Transport Association (IATA).

“The process has to be paperless – we don’t want to come up with a digital process but then also require people to print documents,” Goel said. “Passengers need to own and control their data and the verifying parties should require only the minimum data.”

Those are some of the key principles behind IATA’s One ID, a digital identity initiative that will ease identity authentication and verification while allowing passengers to assert their identity online and in off-airport situations.

Speaking at Identity Week Asia 2022 in Singapore this week, Goel said IATA has established a One ID working group that brings together different stakeholders, including government agencies, immigration authorities, security agencies, technology providers, airlines and airports, to work out some recommendations and guidelines, which should be ready within a year.

Under the One ID framework, a traveller’s credentials, health certificates, visas and flight details will be sent in advance to relevant government agencies, which will then approve the passenger’s entry into a country based on that information.

“The passenger will also have to share his or her biometric information, such as facial images, so that receiving parties can authenticate and say this person who looks like this is approved to fly,” said Goel. “So, when passengers reach the airport, they are ready to fly and are able to pass all the checks without having to prove their identity again and again.”

Under the One ID framework, a traveller’s credentials, health certificates, visas and flight details will be sent in advance to relevant government agencies, which will then approve the passenger’s entry into a country based on that information.

While the One ID framework is being developed, some airports such as Singapore’s Changi Airport have already implemented immigration gantries to capture biometric data, but still require physical scans of passports. At some US airports, inbound trusted travellers can identify themselves through facial recognition at designated kiosks without having to scan their passports.

Goel stressed that for One ID to take off, governments will need to follow the same framework so that travellers are able to leave and enter a country using their digital identities. “What we don’t want is the world to be so fragmented that every country is implementing something digital, but they are not able to interoperate with each other.

“That would be a disaster for a travel – your digital identity might work for domestic processes like opening a bank account, but imagine if you’re not able to transfer money overseas. That’s the problem that we’re trying to avoid,” he said.

With global air travel expected to return to pre-pandemic levels by 2024, Goel said there was no way the aviation industry could support that growth with current paper processes.

“You can’t keep building more and more check-in counters at airports,” he said. “There isn’t enough space, you will have massive congestion and you don’t want to take the joy out of travel. The only way to enable this growth is through a contactless process, and that starts with developing the right standards and foundations of digital identity, admissibility and a contactless processing.”

GDS secures new digital identity contracts

GDS secures new digital identity contracts

Two new contracts have been secured by Experian to deliver digital ID software as part of its Digital Identity Programme worth a total spend of £11m. Reportedly, the programme spent £33 million in issued contracts this year. Experian has been appointed as the contractor covering services for identity fraud detection, in a deal worth £9.1 million, and email and phone validation.

Although few details surrounding the contracts have been made public, the deal is confirmed to be for 2 years with the option to extend for another year. They were closed on 16 March and commenced on 21 July 2022.

Moreover, contracts were awarded to iProov and Deloitte in July and February, which created a momentum in advancing digital services within national government, which the government oversees across multiple sectors and enterprises. As such, the government in general has been advancing its use of digital identity for both the private sector, for example implementing digital verification for its Right to Work and Buy schemes, and for Government services.

In the development of a mobile app to verify digital users of government services, iProov is integrating its biometrics technology and genuine document authentication software, while Deloitte has provided professional services in a £4.8 million contract.

Deloitte is now working on the government-wide verification system, called One Login, for citizen services which has achieved many breakthroughs already, including delivering “an initial version of [the web] browser-based route” which is built upon a “passport check and knowledge-based verification” system.

One Login will allow users with Android and Apple devices to verify who they are by scanning biometric document, for example a passport or driving licence, and will eventually replace verification systems like Government Gateway.

Across other areas of Government, Companies House will introduce a digital identity system to approve people who are looking to set up and register a new business in the UK. A vendor to supply the identity system is yet to be decided.

In a corporate plan outlining how digital ID promises to strengthen the verification process, Louise Smyth, Chief Executive and Registrar of Companies, wrote that to confirm the credibility of registered businesses and accurate information is published, anyone “setting up, running, owning or controlling a company in the UK will need to verify their identity with Companies House to provide assurance that they are who they claim to be”.

IDW America: Levelling-up the identity ecosystem

IDW America: Levelling-up the identity ecosystem

Identity Week America, a complementary sister event to Identity Week Asia and Europe, will return to Washington D.C. from 4-5 October, bringing together an abundance of government representatives, enterprises and partners.

It is really shaping up to be a multi-disciplined event, looking at tech change driving secure and seamless identity experiences for the end-user and enterprise across the fastest-moving sectors in identity, such as travel, finance and banking, media, healthcare, government and the public sector. 

This major stakeholders’ event for the U.S. identity industry is a perfect opportunity to meet face to face with 1500+ of the biggest disruptors in identity.

Our fantastic exhibition is already fully booked up with hundreds of innovative and new identity solutions that will be accelerated to market thanks to the collaborative environment that Identity Week America fosters.  

The conference encompasses our Start-Up Village which serves as a critical meeting place for identity tech start-ups at an early stage of funding to meet potential investors and partners and showcase their solutions.

This time around Identity Week will be levelling up the identity ecosystem across the U.S. and assessing the latest developments to achieving a digital economy with electronic ID, as well as enhancing physical security documents. Forge new digital identity contracts;  launch integratable solutions to meet market demand. Born out of the demand for interoperability, integration, data-sharing, practise a new way of thinking to launch your product and compete with the visionaries that already operate in the market.

New personal and public security problems are surfacing all of time – book your ticket to Identity Week America this October to understand the developing threats facing America, such as fraud, identity theft and national security, and which solutions are needed to counter adversity.

The 2-day international IDW conference is a premium feature in the calendar for serious innovators, disruptors, and visionaries of Identity driven to increase the number of use cases and scenarios where secure identity is leveraged.

FacePhi and Namutek partner to launch Visa and Mastercard-backed revolution

FacePhi and Namutek partner to launch Visa and Mastercard-backed revolution

FacePhi, a leader in digital user identity verification specialising in digital onboarding and biometric authentication solutions, has sealed a commercial agreement with Namutek to offer a new, safer onboarding process on its Kash mobile app. 

Kash is the first Visa and MasterCard-backed mobile app (P2P or peer-to-peer) in the Central American region to offer real-time money transfers between people and credit or debit cards that are completely free of charge. Adopting FacePhi technology marks a new era in onboarding new users to Kash as it improves the user experience and reduces Namutek’s client identity validation costs. 

Leveraging the FacePhi technology, Kash has elevated its security measures around high value transactions. The process is easy. They simply have to take a picture of the front and back of their identity documents, which will be subject to extensive security validation. They will then have to take a selfie which will be used for user facial recognition. The combination of these two steps verifies users’ identity, meaning Kash can be sure no identity theft has taken place. 

These types of secure transfers provided by Kash are already available in Costa Rica, Honduras, Guatemala, El Salvador, and Panama. Furthermore, the app is compatible with iOS, Android, and Huawei HarmonyOS and already has more than 500,000 downloads.  

“At Kash, we are constantly on the lookout for ways to improve our onboarding processes to give our users the best experience. This has led us to incorporate services from FacePhi which has the necessary fintech experience to make one of our security layers that users must complete stronger and more efficient. Since adopting these services, we have reduced manual validations by 30% and hope to continue increasing the number of automatic approvals”, explains Rey Barahona, Fintech director at Namutek. 

In addition to identity verification, Namutek users can now call upon a fraud prevention team, behaviour monitoring, and a 24/7 support team to protect user information and respond to any questions. 

“FacePhi and Namutek’s integration on the Kash mobile app is a clear example that our technology can be used to help companies in all sectors identify their clients and provide them with the highest level of security in all their digital interactions”, notes Jorge Sanz, FacePhi CRO. 

Finland’s Ministry of Finance invests €3m to build robust digital ID network

Finland’s Ministry of Finance invests €3m to build robust digital ID network

Findynet Cooperative has received a funding round of €3m from Finland’s Ministry of Finance to pilot a digital identity network which promotes the interoperability between digital wallets from different vendors.

The Findynet Cooperative is a private-public partnership comprised of financial institutions and enterprises with the objective to build a digital identity ecosystem in Finland.

The trust network have a decentralised approach towards allowing end-users to have more control over their personal information and will be interoperable with digital wallets from multiple vendors, as Finland seeks to increase its position as a digital economy and accelerate its digital transformation.

The goal of the network is to facilitate both individuals and organisations being able to share their information electronically and securely in business situations.

In response, Findynet said, “The trust network, which will now be built, promotes digital and human-centered data economies. This means that end-users manage their own data and can decide for themselves what information they share about themselves with different parties to preserve their privacy. For example, this exchange of information could involve electronic receipts, credit information, and proof of professional qualifications.”

The substantial investment comes after Finland’s finance ministry also proposed draft legislation for a national digital identity programme, in tune with the U.S. and the U.K. in looking to establish a state-issued digital identity system.

Finnish nationals would be able to verify themselves to access a number of services both online and in-person, from government functions, to managing bank accounts, with a second digital ID systems being made available to foreign nationals.

Riitta Partala, Director of Digital Identity at the Finnish Digital Agency mitigated the concerns over privacy invasions, saying the system would protect the rights of users over information privacy and allowing them to have freedom over what data they share.

Users of the digital ID network which the Findynet Cooperative will trial can use their chosen wallet from any vendor to access the network.

Previously, cybersecurity services enterprise, Nuxu incorporated its identity and access management technologies in a national digital identity authentication service to enable digital services, consolidating Finland’s digital trust landscape.
Finland also has a long history of running an e-government, providing excellent private and public sector digital services, being human-centric and developing a seamless and secure system for users.
IDEMIA Deploys On-Site TSA PreCheck Enrollment Initiative at Multiple U.S. Airports

IDEMIA Deploys On-Site TSA PreCheck Enrollment Initiative at Multiple U.S. Airports

In 2022, IDEMIA, a global identity leader and long-time authorized TSA PreCheck® enrollment provider, has introduced pilots and long-term deployments of an innovative new on-site TSA PreCheck enrollment initiative that provides travelers with an even more convenient way to enroll in the program.This new, simplified service delivers TSA PreCheck enrollment in five minutes or less, and most passengers will receive their Known Traveler Number (KTN) within three to five days.

Staffed by IDEMIA TSA PreCheck Enrollment Ambassadors with mobile enrollment carts, the service was successfully demonstrated for two-week periods at Jackson–Medgar Wiley Evers International Airport (JAN),Gulfport-Biloxi International Airport (GPT) in Mississippi and at Louisville Muhammad Ali International Airport (SDF) in Kentucky. Longer-term deployments of the initiative have been launched at at Austin-Bergstrom International Airport (AUS) in Texas and most recently, Orlando International Airport (MCO) in Florida.

Lisa Sullivan, SVP, Travel and Transport for IDEMIA I&S North America said: “This is a game changer that simplifies TSA PreCheck enrollment, and we have had great success rolling this out to travellers while they are already at the airport. IDEMIA is a pioneer in identity verification and validation technologies and our innovations are helping streamline the TSA PreCheck enrollment process for travellers”.

Under this initiative, IDEMIA TSA PreCheck Enrollment Ambassadors are stationed in the airport in easy-to-spot uniforms to increase awareness of the program and to assist passengers with TSA PreCheck enrollment.

Kim Jackson, TSA’s Federal Security Director for the State of Mississippi commented: “The first test of this mobile enrollment initiative at Jackson proved very popular with travelers. Travelers are enrolling in TSA PreCheck knowing that 94 percent of TSA PreCheck passengers will wait less than five minutes in line on their future trips, and travelers are confident knowing their TSA PreCheck eligibility will streamline their transit through the airport: they can keep their shoes, belts and light jackets on and leave their compliant 3-1-1 liquids and laptops in their bag”.

“We were glad that Louisville was an early adopter of this new and important evolution of TSA PreCheck enrollment. Anytime we can offer travelers an opportunity to enhance their airport experience is a win for us and our community. We look forward to learning how best to deliver this new service for people traveling to and from our region”.

Dan Mann, Executive Director of the Louisville Regional Airport Authority

In the coming months, IDEMIA will continue to launch this service at additional airports nationwide. A trusted provider to TSA, IDEMIA has processed more than 14.5 million enrollments in TSA PreCheck since 2013.

Leading advocate of U.S. Digital Identity Act presses for changes

Leading advocate of U.S. Digital Identity Act presses for changes

Republication advocate of the U.S. Digital Identity Act, Bill Foster has spoken out about advancing ambitions for a robust digital identity ecosystem, citing the need for identity trust to ensure national and personal security.

The initiative was introduced in by Foster in 2020, and in 2021 reintroduced to a vote out of committee. Since it has been boosted by a senate version from Sens. Krysten Sinema and Cynthia Lummis.

The proposal is to establish a unified, ecosystem approach to create a federated digital identity system in the U.S. which is supported by legislation passed in Congress, leaning on a variety of providers in the market to provide opt-in identity validation services.

According to a report by HID Global, interoperability should be higher on agenda to enable a prosperous digital economy where solutions from vendors are integratable to service the needs of sectors such as banking and travel.

Digital identity solutions, cannot be “stand-alone initiatives from a variety of vendors”, the report says.

While governments and prominent organisations across the world have now switched on to the enormous advantages of digital ID, factors such as regulation and maintaining standards, technical specifications and operational aspects concerning digital identity are crucial to achieving a prosperous digital economy.

The bill would also set up a grant program at the Department of Homeland Security to facilitate interoperable government and vendor systems for digital identity verification.

A shift in policy would establish the government more in the centre of the digital identity ecosystem to have more input on the business of digital ID verification solutions, biometrics and security documents. An extended aim of the legislation is to ensure the government has a more prominent role in helping American citizens prove their identities online, with digital identity incorporated in services for the private sector and enterprise.

A state-issued digital identity is the necessary intermediary to assure trust between the consumer and the enterprise or public sector body delivering a service. The pandemic worsened this difficult trust relationship while many people couldn’t verify their identity to apply for state benefits and access the help needed amid wide-scale unemployment , shining a light on the need for a common digital identity system in the United States but not creating of a single identity credential which a new section in the bill recommends.

In almost all interactions with government to access public or private sector services, a formal type of identification is needed to prove who you are and the lack of a unifying approach to digital identity in the U.S. is creating barriers. The typical ways people can prove their legal identity is by issuing a driver’s license, passport, green card, federal employee ID or military ID.

The bill’s objective is to unify the solutions in the marketplace to ensure U.S. people can simply but securely and seamlessly verify who they are across case studies.

The Federal Reserve Bank of Francisco estimates 11% of Americans lack a government-backed photographic ID, disproportionately made up of senior nationals, African Americans, Latinos, and people earning a low income below $25,000 per year. Moreover, one in four Black American citizens currently have no photo ID issued to them by the government.

Identity Fraud costs increasing from $16.9 billion in 2019 to a staggering $56 billion in 2020 also coincided with the notable lack of a trusted digital identity during the pandemic.

This study also describes a fragmented state of identity in America, where unlike most countries, there is no national ID card and government agencies and commercial enterprises operate in a private identity-verification marketplace with no dominant vendor.

Revisions of bill submitted to the House and Senate echo an emphasis on ensuring fair and equal access to digital identity verification.

The advantages of digital ID trust for a prosperous economy

The advantages of digital ID trust for a prosperous economy

The advantages of digital identity for our economy can be linked to ensuring security, boosting our relationship with consumers. At the heart of unleashing this potential is trust.

In a published blog post by the World Economic Forum, the author notes that without trust, every aspect of society from e-commerce, access to government services, travel, and financial security would take a considerable step backwards.

Despite the digital economy being worth an estimated $14.5 trillion in 2021, the price of financial crime is estimated to be $6 trillion, or 41% of the digital economy.

Mitek launches new tech as UK fraudsters up their game

Mitek launches new tech as UK fraudsters up their game

With two thirds of British companies being targeted by fraudsters in the past two years and identity theft being the second-most-common type of fraud in Europe, we need to ramp up our defence to prepare for a secure, passwordless future.

Identity verification has become essential to safe digital access. Now Mitek is making it possible for companies to protect customers’ digital experiences from the moment they open an account through their entire journey.

Mitek, a global leader in verifying our digital identities for some of the world’s biggest banks, launches a new platform named Mitek’s Verified Identity Platform (MiVIP). It is Mitek’s first new product since its £98m acquisition of KYC (know your customer) technology company HooYu. This is coming in at a time when fraudsters have become more aggressive and ruthless than ever.

Almost 50% of U.S. citizens were victims of some form of identity theft between 2020 and 2022, according to the National Council  on Identity Theft Protection. Most common forms of identity fraud included account takeover, when an actual user’s information is misappropriated, starting a new financial account with a fraud victim’s information, and information theft, such as Social Security identity theft. In 2020, the traditional identity theft cost to companies and consumers was estimated to be about $13 billion.

Similarly, data gathered by Finanso, a global financial marketplace, found that 56% of Europeans have experienced at least one type of fraud in the last two years. Of those, one-third became victims of identity theft. Thus, identity theft has become the second-most-common type of fraud in Europe.

Many of the world’s largest global banks and 99 percent of U.S. banks use Mitek’s technological innovation. Backed by decades of experience and held to the highest standards as a publicly-traded company, Mitek is uniquely positioned to help organizations establish trust with authentic customers by providing the identity systems that grant them safe digital access.

“Identity is personal. At Mitek, we are on a mission to protect it,” said Mitek CEO Max Carnecchia. “Mitek’s new platform, MiVIP, is a culmination of our best technologies, our most recent acquisition and our ongoing commitment to putting Mitek’s customers in control of their consumer experiences.”

MiVIP, the Mitek Verified Identity Platform, gives companies comprehensive, secure control, saving them time and money, in three important ways:

  • Verify fast: Verifying the identity of customers is now faster and easier than ever, allowing companies to securely onboard more good customers while providing the experience they expect.
  • Take control: Optimizing workflows has never been easier. Organizations have the tools to both control the customer experience and manage risk.
  • Quickly integrate: Deploying now takes hours instead of days or weeks. The platform is built on a low code/no code architecture that saves companies time and resources.

“Never has there been a more relevant time to effectively onboard customers faster,” said Mitek Head of Product Chris Briggs. “Organizations want control over their customers’ Know Your Customer (KYC) experiences. MiVIP provides an easy-to-deploy, highly adaptable and robust identity verification platform that can integrate with a company’s fraud and risk workflows in hours. Journeys can be configured to fit varying needs, ensuring customers are verified quickly and with minimum friction.”

MOSIP ID platform’s milestone of registrations, as digital ID schemes grow in Asia

MOSIP ID platform’s milestone of registrations, as digital ID schemes grow in Asia

The launch of MOSIP, the Modular Open Source Identity Platform, five years ago edged communities and countries closer to ensuring that everyone has an identity. Reportedly, over 1 billion of the world’s population, in particular disadvantaged minorities, women and trans citizens, lack a form of recognised identification which allows them freedom to verify their identity to access services and communicate with businesses.

The global project, which was initiated by International Institute of Information Technology- Bangalore, has successfully enabled 71 million people around the world to have access to a personal digital identity.

Deployed in six countries, developers have actioned feedback on creating a version of the platform that can manage multiple language translations.

The high-functioning platform can be fully purposed to issuing more digital IDs to citizens in these countries.

The system is interoperable with biometric integrations and verifiable credentials. Digital identity systems are being sharply adopted by governments in countries including Brunei, Indonesia, Singapore, Malaysia and Thailand with other public key infrastructures to ensure secure insurance of digital ID. Without the opportunity that having a digital ID brings, The World Bank gives an anecdotal insight in an article published in 2019 on the registration records, citizen rights and hope that would be lost for citizens from around the globe. Official forms of ID that are deprived to some citizens include general birth certificates, national ID cards and similar documents, such as passports and drivers’ licenses.

While having an identity is taken for granted by some, a number of governments and suppliers in developing Asian countries have accelerated their state plans to enable their digital economies, introduce ID for citizens and follow the trend in biometric authentication. The Philippines has progressively stepped up its rollout of the PhlID card to over 8 million citizens while Dubai is collecting biometric fingerprint data from residents to aid criminal investigations.

The Philippine Statistics Authority responsible aims to deliver 50 million Philippine Identification (PhilID) cards split between digital and physical cards by the end of 2022.

“The national ID will play an important part in this digital transformation. For citizens to be able to seamlessly transact with government, their identity must be verifiable,” President Marcos said.

A pilot project is underway in Sri Lanka to consolidate national identity profiles with birth certificates.

Highest rate of ID theft recorded in Whatcom, U.S.

Highest rate of ID theft recorded in Whatcom, U.S.

Data published by the Federal Trade Commission has suggested that the highest level of identity theft and fraud in 2022 affects people in Whatcom County in the U.S. with 252 reports for the first half of the year.

Compared to other states such as Bellingham where the average static for victims of identity fraud in the region is only 1 in every 865 people, 252 cases of identity theft were reported to police during the first two quarters of the year.

So far in 2022, 603,591 reports have been calculated by the Federal trade Commission in denser numbers across states like Georgia, Florida and Louisiana. The most common type of theft was attributed to credit card fraud, loan or lease scams and banking fraud while exploration of government documents and services was lower down in the percentages.

In a statement announcing the new statistics, the Federal Trade Commission reiterated the common occurrence of scams, commenting “scams affect everyone. And we mean everyone — your family, friends, and neighbours”. Despite owning the highest rates in 2022, the total level of identity theft has fallen from 2021 figures during the first half of the year when 934 reports were counted, or approximately 416 per 100,000 residents.

 

Standard Chartered partnership introduces digital banks in Singapore and Indonesia

Standard Chartered partnership introduces digital banks in Singapore and Indonesia

A partnership between Standard Chartered Bank and FairPrice Group has launched new digital bank, Trust Bank, in Singapore with an investment of £400 million going towards a range of news products for customers including credit cards, savings account and personal accident insurance cover.

The investment has been provided by Standard Chartered Bank, FairPrice Group and NTUC Enterprise in a bid to further expand financial inclusion and digital economic prosperity in the APAC region.

Consumer rewards and security are some of the incentivising qualities of the business model. Consumers of the Trust Bank can access their account through the digital interface only, an app which incorporated with a robust technology platform provides a secure banking user experience.

Users can also have constant 24-hour communication with the Trust with integrated voice and messaging customer service bots.

Announced in January 2021, Standard Chartered also established a strategic partnership with commerce platform, Bukalapak to strengthen Indonesia’s digital banking landscape, since launching the a digibank-ing platform called BukaTabungan.

Victor Lesmana, President, Commerce & Fintech at Bukalapak commented: “BukaTabungan will be an interesting product because now, everyone in Indonesia within all levels of society will be able to access world-class digital banking services seamlessly and securely”.

BukaTabungan uses automation and security technologies leveraging AI, biometric facial recognition and E-KTP (Indonesia’s biometrics ID programme) validation.

Pindrop continues to grow, expands its footprint into APAC

Pindrop continues to grow, expands its footprint into APAC

Anurag Srivastava joins as General Manager, Asia Pacific and Japan, to support new phase of growth and bring Pindrop’s unique voice technology to region.

Pindrop, a global technology leader offering security, identity, and intelligence for every voice, today announced its expansion into the Asia-Pacific region, with entry into Singapore as its first move.

Pindrop helps its customers enable people to use their voice to seamlessly connect to, enter and unlock new experiences while helping safeguard their privacy. With its existing customer base comprising of some of the largest banks, insurance, telecommunications and retail companies in the United States and Europe, Pindrop will bring its expertise and unique offering to help companies in APAC to take better advantage of voice analysis.

As part of its growth, Pindrop has hired Anurag Srivastava as General Manager, Asia Pacific and Japan, to oversee the business, strategy, sales and customer success for Pindrop’s customers in the region. Srivastava brings with him over 20 years of experience across SaaS, products and consulting multinational corporations in Southeast Asia, India, China, Japan, Australia, New Zealand, and the Middle East on their digital, process transformation and automation initiatives.

“60% of the world’s population is in the Asia Pacific region and the world is heading towards a voice economy in the way people interact with each other and devices,” says Anurag Srivastava, GM – Asia Pacific and Japan at Pindrop. “Pindrop is already leading the charge when it comes to securing voice interactions for customers across the US and Europe. I’m so excited to be able to offer the same world-class technology to customers in APAC looking to more seamlessly detect fraud, efficiently deliver authentication and ensure top quality customer experience on all voice interactions.”

Following Srivastava’s hire, Pindrop intends to increase its regional team in Singapore alongside further expansion into Korea, Indonesia, Vietnam and Australia for 2023. To enable this growth, the company will be leveraging its relationships with its existing partners, AWS and Google Cloud, as well as exploring new partnerships with ISVs and resellers in the region.

The expansion of Pindrop into the Asia-Pacific region is being supported by EDBI, a Singapore-based global investor in select high growth technology sectors and other strategic industries that shape the future economic pillars of Singapore.“The next phase for Pindrop is not only about helping our existing customers to realise new potential when it comes to voice interactions, but with Anurag at the helm in Singapore, to also ensure we’re reaching for new heights, enabling success for new customers and keeping a continued focus on creating a safer digital world for us all,” says Vijay Balasubramaniyan, CEO and co-founder of Pindrop.

He continues: “The APAC region brings an exciting new opportunity and historic moment for Pindrop, and with support from EDBI, we’ve been blessed to see first-hand how their network has already enabled us to have conversations with potential customers in the region. More than that, the EDBI team brings great value to our partnership by offering strategic counsel. Together we are excited to continue to deliver on Pindrop’s mission to help organisations across the globe to open new worlds and unlock the power of human voice.”

Meet Pindrop on Day 2 of Identity Week Asia: https://secure.terrapinn.com/V5/step2.aspx?Q=2440061XDHY&TMID=2558788

Highlights of Day 1 at Identity Week Asia 2022

Highlights of Day 1 at Identity Week Asia 2022

As Identity Week Asia draws to a close, here is a roundup of highlights from this year’s fantastic keynote presentations, busy seminars, packed roundtable discussions and bustling expo floor.

An insightful presentation was delivered on Day 1 by Jonathan Andresen, Senior Director of Marketing at Incode at #IdentityWeekAsia on Powering A World of Trust – The Incode Way with Pranav C. Fernanda Sottil, Eryin Halmen, and  Kristen Tsitoukis of Incode Technologies.

Our exhibition floor was compact with a true cross-section of the identity industry’s established solution providers including Premier Fintech LLC who are delighted to join Identity Week Asia, designed for Fintech professionals as well as targeting top identity sectors such as travel, healthcare and government. BioRugged and Cybernetica are also participating in the Identity Week Asia Expo; be sure to visit ID R&D too  at their booth #28.

John Amein, at ID R&D also spoke in a session on Liveness Detection which covered the differences between passive and active liveness detection solutions and the impact of abandonment rates on the bottom line.

Among key identity thought leaders were a cohort from U.S. Department of Homeland Security, including Carolyn Bayer-Broring.

Identity Week Asia provides a critical meeting place for titans of the identity industry bringing innovative new solutions to the marketplace. Moreover, a valuable part of the conference is also striving to ensure the future of identity security is entrusted to new talented startups which exhibit for FREE in our Start-Up Village to elevate their business prospects.

Be a part of 2023’s ecosystem of identity APAC leaders and meet new companies rising through the ranks and securing partnerships and investment to deliver their identity solutions across a number of applications including travel, finance and banking, healthcare and government. We also welcomed to our Start-Up Village the likes of IDENTY Touchless ID, HALA INFOSEC Premier Fintech LLC, Syntric AI, Build38, H-Kare Solutions, 1ID Silence Laboratories, betterdata, Argos KYC, and MineSecMicroSecINPULSE, inc.

Day 2 was packed with more energising presentations, stellar exhibitors to meet and chances for opportunistic networking with other stakeholders.

We heard from GovTech Singapore, IATA, Google, Monetary Authority of Singapore, Royal Thai Police, Netbank, Union Bank of Philippines, Vietnam Government – just to name a few!

Identity Week Asia is a thought-leadership conference and exhibition infusing expertise and experience from the brightest minds in the identity sector to promote innovation, new thinking, and more effective identity solutions.

Pindrop’s Tim Prugar sat on an expert panel, discussing the “Future of identity and authentication in the financial services”. Pindrop also delivered another seminar presentation on the Abilities of AI in voice, and how authentication can be achieved with language agnostic technology and a roundtable session on “Is voice the path to a passwordless future?”

Deloitte speakers Eric Lee, Gautam Kapoor and Iray Harel discussed the digital transformation of identity, future of identity and Privileged Access Management (PAM).