GlobalID stands out from scores of similar companies and projects by attempting to wed self-sovereignty with regulatory compliance. If its technology works, it could alleviate a major cost for banks. ... Read full article
The bank's new Control Tower app is designed to empower customers to track where their financial data is stored and to simplify their control over where it goes and what is done with it. ... Read full article
Readers slam credit unions’ ever-inclusive membership criteria, weigh in on the OCC’s proposed fintech charter, encourage a rewrite of the CRA, and more. ... Read full article
The challenge of juggling security and convenience is escalating as banks realize digital channels are for sales as much as they are to display account balances. ... Read full article
Readers this week highlighted the need for banks to upgrade payments systems, debated a small bank’s decision to ditch its legacy core vendor, lamented populist initiatives of the GSEs, and more. ... Read full article
Enabling peers to compare notes will help ID management specialists at regional, midtier banks who face the same requirements as large banks but command smaller operating budgets, IDPro’s founder says. ... Read full article
IdentityMind Global will offer Confirm.io’s remote document verification technology to its clients. ... Read full article
Portable digital identities could improve customer experience, cut costs and generate revenue for banks. But who’s on the hook when something goes wrong? ... Read full article
Vinny Lingham, founder and CEO of Civic, discusses the froth in cryptocurrency markets, the mania for "initial coin offerings," the right way to do token sales, the future of digital identity and the banking system's security failings. ... Read full article
Some banks seek to dominate the digital-identity business, but they stand to benefit even if their efforts fall short. ... Read full article
The bank is pitching digital identity products to businesses as a way to improve user experience and guard against fraud. ... Read full article
Cambridge Blockchain, one of many startups applying blockchain technology to customer-privacy and data-collection issues, is teaming up with LuxTrust to launch a new identity platform. ... Read full article
The German bank announced a project designed to create a single online registration for users across a number of industries. ... Read full article
Sovrin, a new blockchain for the creation and management of digital identities, may help credit unions save money and fight fraud while returning power to individuals. ... Read full article
Canadian banks are hoping to create an environment where consumers have more control as to who is able to view their credentials. ... Read full article
ID.me raised $19 million in a Series B round that was led by FTV Capital and included USAA. ... Read full article
Screen scraping has plenty of critics, but the alternatives, OAuth and APIs, have their share of detractors, too. ... Read full article
The human voice changes more quickly than you’d think, and this has to be taken into account by voice-recognition systems. ... Read full article
Marketplace lenders have set themselves apart from banks by moving faster, but lending fraud might force them to revamp their authentication processes. ... Read full article
The information giant agreed to buy two data businesses from the DTCC as regulators' demands for transparency fuel calls for shared industrywide solutions. ... Read full article
