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The possibility of adopting central bank digital currencies (CBDCs) is being explored by countries worldwide, including the US. However, according to the Cato Institute 2023 CBDC National Survey, a mere 16% of Americans support the adoption of a CBDC.
CBDC, data privacy, money laundering, financial crime, financial inclusion, study
Vittorio Bertocci, Principal Architect, Okta, shares valuable insights to enhance your understanding of the relevance and potential impact of verifiable credentials in the realm of identity management.
verifiable credentials, digital identity, decentralized identity, digital wallet, data privacy
Meta has been fined with EUR 1.2 billion by regulators from the European Union for violating EU privacy laws by transferring personal data of Facebook users to servers in the US.
Meta, Facebook, data sharing, data privacy, GDPR
Global retail management software Teamwork Commerce has announced the receipt of SOC 2 Type 1 compliance for all Teamwork Commerce Premier Edition customers.
compliance, online security, cybersecurity, data privacy, data protection, financial services, merchants, ecommerce, retail, fintech, data analytics, regulation, risk management
Polygon ID has partnered with Australia-based Verida to help the latter launch a mobile crypto wallet supporting zero knowledge credentials.
product launch, web3, partnership, identity verification, data privacy
Curtis Govan, President, Americas at floLIVE, uncovers how businesses adopt cellular connectivity to boost security, stability, and reliability for their POS terminals.
POS, mPOS, mobile payments, mobile money, ecommerce, transaction monitoring, regulation, eftpos, data sharing, data, data privacy, data protection, financial data, online payments, payments infrastructure, instant payments, digital payments
BOTLabs, developer of KILT Protocol, and Deloitte Consulting have integrated KILT blockchain tech to issue reusable digital credentials to support KYC and KYB processes.
partnership, identity verification, KYC, KYB, digital credentials, blockchain, DeFi, banking, cybersecurity, data sharing, data privacy, cybercrime, fintech, digital wallet, compliance, ecommerce
US-based SaaS company CYTRIO has launched a data privacy UX platform to facilitate businesses navigate complex data privacy laws.
data privacy, data analytics, compliance, regulation, product launch
France-based technology company Thales has released its ‘2023 Thales Data Threat Report’, showcasing a surge in ransomware attacks and increased risks to data in the cloud.
ransomware, cloud, data breaches, data protection, data privacy, cybersecurity
Google has announced a policy that will prevent loan apps from accessing the photos, videos, and contacts of users to address predatory behaviour from lenders.
lending, data privacy, regulation, compliance, debt facility
Germany-based Utimaco has acquired IT security solutions provider conpal to improve confidential data protection through encryption.
acquisition, data protection, expansion, data privacy
Business communication platform LeapXpert has secured USD 22 million in a Series A+ funding round to drive US market expansion and launch a SaaS solution for SMBs.
funding, investment, expansion, fintech, financial services, compliance, regulation, SaaS, platform, digitalisation, WhatsApp, fraud prevention, cybersecurity, data privacy
EMVCo, the FIDO Alliance and the World Wide Web Consortium (W3C) have partnered to improve the security and interoperability of web payments within ecommerce.
partnership, payments , online payments, financial crime, fraud prevention, cybersecurity, API, passkeys, online authentication, regulation, compliance, fraud management, checkout optimisation , ecommerce, merchants, tokenization, 3-D Secure, fintech, data privacy
Identity solution company Ping Identity has launched a decentralised identity management solution, PingOne Neo, to improve security and privacy for individuals.
product launch, identity fraud, identity verification, digital identity, fraud prevention, risk management, decentralisation, fintech, ecommerce, cybersecurity, data protection, data privacy, compliance, identity theft
Are you looking to build trust and loyalty with your customers while meeting the demands of data protection regulations and information risk requirements?
data privacy, data protection, regulation, customer experience
Identity tech company IDEMIA has become a technology partner of a Dutch Consortium deploying a Digital Travel Credential (DTC) Pilot, co-founded by the European Commission.
partnership, identity verification, digital identity, identity fraud, fraud prevention, cross-border logistics, travel, digitalisation, ecommerce, data privacy, biometrics, facial recognition, product launch, fintech, DTC
Identity technology company IDEMIA has announced the launch of two contactless biometric terminals that aim to expedite the traveller identity verification processes.
product launch, fraud prevention, identity verification, biometrics, cross-border logistics, identity fraud, fraud detection, contactless, data privacy, multi-factor authentication, fintech
Identity solutions company HID has signed a memorandum of understanding (MoU) with iPassport to launch an identity verification solution for the transportation industry.
partnership, product launch, identity verification, biometrics, artificial intelligence, compliance, data privacy, digital identity, fraud prevention, facial recognition, customer experience, platform, fintech, cybersecurity
Ireland-based identity verification solution provider for SMEs and enterprises ID-Pal has announced its expansion into the US market, backed by Enterprise Ireland.
expansion, fraud prevention, identity verification, digital identity, KYC, AML, API, SDK, biometrics, data protection, data privacy, data analytics, financial services, cybersecurity, fintech, Fraud decisioning
Meta has reportedly started the development of a decentralised, text-based social network application that supports ActivityPub.
product launch, blockchain, Meta, data privacy