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Equifax Strikes Deal To Buy Kount

PYMNTS

Equifax has inked a deal to purchase artificial intelligence (AI)-powered fraud prevention and digital identity technology provider Kount for $640 million. Kount’s staff members will become a part of Equifax’s United States Information Solutions (USIS) business unit and will still be based in Boise, Idaho, according to a Friday (Jan.

Idaho 295
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Deep Dive: Digital ID Developments From Around The World

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A wide range of biometric solutions are being used to develop national identification systems around the world. Even though biometrics offer notable security advantages, they do come with risks. India began experimenting with the technology 10 years ago when it launched its national ID system, the Aadhaar program.

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Boosting Access To Financial Services In Brazil

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A recent partnership in India aims to add further biometric security to the nation’s Aadhaar system. Identity Devices Sweden AB will provide a new biometric privacy platform (BPP) to Aadhaar, essentially adding a new layer of security to its online and offline authentication systems.

Wyoming 134
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Deep Dive: Why Smart Cities Should Get Smart About Digital ID

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For citizens to engage with these services and trust them, seamless and secure digital identity tools will be essential. Though kiosk-based medical care might seem impossible, the current usage of health-related connected devices indicates that this technology could someday become a reality. On-Demand And Unattended Health Services.

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Who Should Lead The Digital ID Push?

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Despite all the discussion about verifying digital IDs without creating friction for the user, recent incidents like cybercriminals using AI to impersonate an energy company’s CEO to falsely request money could give security professionals nightmares. There’s no question the world is moving in a digital direction. Department of Commerce.

Wyoming 136
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Data Dive, Supersize Edition: Warby Parker, Whole Foods And WhatsApp

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WhatsApp Pay began testing its service in that country earlier this year with reports of roughly one million users, processing roughly one million transactions per month, according to people close to the National Payments Corporation of India (NPCI). Whole Foods’ Expanding Footprint.

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2020 GonzoBanker Awards

Gonzobanker

By creating secure and productive remote work environments for employees and helping their teams deal with the stress of working at home (with kids learning from the same house, spouses working in the next room, and myriad other pressure points). John Beale , longtime CIO of City National Bank. And, by the way, without missing a beat.

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