May 02, 2024 10:00 ET | Source: MarketsandMarkets Research Pvt. Ltd. MarketsandMarkets Research Pvt. Ltd. Chicago, May 02, 2024 (GLOBE NEWSWIRE) — The global Self-Sovereign Identity (SSI) Market size is projected to grow from USD 1.8 billion in 2024 to USD 47.1 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 90.5% during […]
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Digital Identity Verification Solution Market Attractive
Estonia navigates future of ID cards, digital identity and digital wallets | Biometric Update
Estonia is keeping its physical identity cards until the creation of the European Union Digital Identity (EUDI) wallet. In January, the Estonian Ministry of Interior proposed making ID cards optional as more citizens rely on the country’s multiple digital solutions. The proposal, however, has been met with resistance within the Ministry of Economic Affairs and […]
White House stalls on digital identity mandate, despite billions in fraud – Nextgov/FCW
White House senior advisor Gene Sperling speaks at a conference in Washington, D.C. in February 2023. Tom Williams/CQ-Roll Call, Inc via Getty Images Two years after the White House teased an executive order on identity theft in public benefits during the 2022 State of the Union, such an order hasn’t materialized, leaving stakeholders frustrated at […]
NIST issues digital identity update allowing agencies to use synced passkeys
Hubbard Radio Washington DC, LLC. All rights reserved. This website is not intended for users located within the European Economic Area. The supplement to NIST’s digital identity guidelines could pave the way for agencies to adopt stronger multi-factor authentication methods. The National Institute of Standards and Technology, in a new update to its digital identity […]
Socure releases inaugural Document and Biometric Identity Fraud Report | Biometric Update
A press release from Socure announces the publication of its inaugural Document and Biometric Identity Fraud Report, which examines the rampant use of fake government-issued IDs and new tactics such as AI and deepfake tools being used to fool legacy identity verification. The report is based on assessment of document verification-related account openings across a […]
Regulators hound Worldcoin digital ID project as it expands in Latin America | Biometric Update
Worldcoin continues to take its iris biometrics and digital identity scheme into new territories – and, like clockwork, trigger alarms among governments who remain unclear on exactly what the company is doing with the biometric data it collects. Latin America is the latest hot zone, as Argentinian legislators push to regulate Worldcoin’s activities, and Mexican […]
Thales: quarterlies, annuals, regulatory actions | Biometric Update
May 2, 2024 – Thales reports sales growth to 4.4 billion Euros and €5 billion in order intake in the first fiscal quarter of 2024, with its Digital Identity & Security division contributing €903 million in orders and slightly more in sales. Digital Identity & Security sales were up by 12 percent, but down 2.5 percent […]
Steps towards digital ID card issuance taken in Gabon and Tunisia | Biometric Update
Gabon kicked off a civil registry issuance campaign in the greater Libreville area ahead of a broader national initiative. Registration centers for Gabonese people to apply for their Numéro d’Identification Personnel (NIP) were visited by government officials as they consider the expansion of registration both within greater Libreville and the surrounding country. The NIP is […]
Redefining Smart Ports: The Role of Digital Identity Verification – Global Trade Magazine
Smart port technology has been making waves in the maritime industry, promising to revolutionize operations, streamline processes, and enhance overall efficiency. While no port is fully digital yet, the promise of digital transformation in this sector remains clear. But one element that can actually turbocharge the smart port future is still flying under the radar, […]