identity verification

Its equity, growth and existing relationships with banks and financial institutions, gave Socure firm footing to kick off credit facility discussions.

Persona, a four-year-old identity startup, has done pretty well for itself with its original identity verification idea, an API that lets companies capture various documents like a driver’s license

As fintechs become more efficient, so too do fraudsters. “Faster instant payments mean faster fraud,” Sardine CEO and co-founder Soups Ranjan told TechCrunch. That’s the thesis behin

  Fintech decacorn Plaid is expanding beyond its core product of account linking — its first major expansion since its 2013 inception. In conjunction with its “Plaid Forum” even

A few months after raising $1 billion, payments startup Checkout.com has announced that it plans to acquire French startup Ubble, which operates a remote identity verification service. The deal should

  Mobile penetration in Africa is growing impressively at about 46% as more people come online for the very first time. In turn, this has increased the market opportunity for startups, especially

Socure, a company that uses AI and machine learning to verify identities, announced today that it raised $450 million in funding for its Series E round led by Accel and T. Rowe Price.  The round brin

SentiLink, an identity verification technology startup, has raised $70 million in a Series B funding round led by Craft Ventures. Felicis Ventures, Andreessen Horowitz (a16z) and NYCA also participate

An estimated one billion people worldwide face the challenge of proving who they are, according to a World Bank Group report that states that 81% of this number live in sub-Saharan Africa and South As

IDnow, a German-based identity verification startup is acquiring ARIADNEXT, a French equivalent, specializing in remote identity verification and digital identity creation. A price was not released by

With the gig economy came the need for ID verification, thus startups like OnFido appeared, alongside several others. But this sector is by no means done yet. Now, OCR Labs, which emerged from Austral

Online fraud and identity theft is a global problem that has only been exacerbated with increased online transactions amid the COVID-19 pandemic. In particular, it is estimated that Brazilian companie

The identity verification space has been heating up for a while and the COVID-19 pandemic has only accelerated demand with more people transacting online. Persona, a startup focused on creating a pers

After a period of public feedback, Twitter adjusted some its plans for a new verification process, set to roll out next year. The company suspended public verification applications in 2017 and since a

As organizations look for safe and efficient ways of running their services in the new global paradigm of increased social distancing, a startup that has built a platform to help people verify their w

More than seven years after the financial crisis began, economies worldwide are growing. Much of the recovery has been led by government spending, including massive sums on infrastructure projects, wh

What’s in a name? When it comes in the form of a password, everything. The password has long been the safeguard -- and in many cases, the only one -- to protect our online identity. At one point, pa

Israel has become a hotbed for startups in the fields of identity verification and fraud prevention. The IDF Unit 8200 develops systems for gathering intelligence, automatically sifting through data t

In 2012, about 7 percent of all people aged 16 or older in the U.S. experienced identity theft, with their financial losses totaling $24.7 billion. Christopher Morton is familiar with the crime becaus