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Fraser Edwards, CEO and Co-Founder at cheqd, explains what decentralised identity, also known as self-sovereign identity (SSI) is and outlines how incoming regulations are shifting data ownership towards this new paradigm.
digital identity, identity verification, identity fraud, online authentication, data protection, self souvereign identity, banks, fintech
Czech Republic-based cybersecurity company Avast has announced it joined the FIDO Alliance groups for decentralised and trusted digital ID.
cybersecurity, fraud prevention, FIDO, online security
iProov, Evernym, biometric authentication, SSI, iProov Genuine Presence Assurance, Connect.Me, digital identity, credentials, online onboarding, biometric facial scan, criminal impersonation, credential sharing, spoof attacks
Onfido, Deloitte, and Evernym have announced the positive results of their Financial Conduct Authority (FCA) regulatory sandbox pilot.
Onfido, Deloitte, Evernym, FCA, digital identity. onboarding, KYC, identity verification, authentication, banks, FCA, UK
A new report from Juniper Research found that the SSI (self-sovereign identity) movement will reach annual revenue of USD 1.1 billion by 2024.
Juniper Research, SSI, self-sovereign identity, blockchain, technology, Evernym, Civic, Metadium, study
Several UK fintechs including Monese, Seedrs, Curve, and B-Social have joined UK-based Onfido in FCA’s regulatory sandbox test.
Monese, Seedrs, Curve, Onfido, FCA, UK, Evernym, Deloitte, digital identity, digital onboarding, identity verification, AI, facial recognition
Onfido has launched an international partner program to bring its biometric identity verification service to new markets and foster new use cases for it.
Onfido, partner program, launch, biometrics, identity verification, cybersecurity, access management, fraud prevention, UX, compliance
Evernym, the self-sovereign identity company, has joined the Red Cross and four other NGOs on its “ID for Good Initiative”.
self sovereign identity, Evernym, digital identity, blockchain, ID2020 Alliance, Red Cross
Tieto, a Nordic software and services company, has partnered with R3, an enterprise blockchain software company.
Tieto, R3, blockchain, partnership, supply chain, Corda, smart contracts
As the digital and physical reality are blurring into a single integrated way of living, it has become essential for individuals to own and control all elements of their digital identity.
blockchain, digital identity, self sovereign identity, federated entity, Civic, SelfKey, Trusted Key Identity, Cambridge Blockchain, KYC Chain, ShoCard, Evernym, uPort ID
The way consumers control their own identity is top-of-mind for everyone in the field, and blockchain might become an enabling technology in the rapidly changing world of digital identity
blockchain, digital identity, federated identity, self sovereign identity, consent, data protection, ID2020, SecureKey, IBM, Chris Skinner
US credit union consortium CULedger and blockchain developer Evernym have announced a new digital identity system based on distributed ledger technology.
CULedger, Evernym, distributed ledger, blockchain, digital identity, data privacy, security, identity theft, partnership, MyCUID
Baxter Credit Union (BCU) has joined 55 other credit unions and four credit union service organizations (CUSOs) on the CU Ledger blockchain project to leverage the technology to fight hacker’s attacks.
Baxter Credit Union, blockchain, frauds, attacks, US, consortium, credit unions, R3CEV, innovation