- In February 2024, AU10TIX, a provider of identification services, launched a new Know Your Business (KYB) solution designed to help businesses identify their partners and mitigate potential financial and reputational risks. This new offering integrates KYB with Know Your Customer (KYC) processes to address all KYB-related business needs
- In January 2024, Onfido, a technology company, introduced its all-in-one ID verification solution, enabling enterprises to expand into new markets while addressing local regulatory requirements for customer onboarding
- In December 2023, HireRight, LLC, an employment background screening firm, unveiled "Global ID," a new ID verification solution that allows for verifying a candidate’s identity through the optional digital liveness and biometric face match feature of Global ID
- In October 2023, Veriff announced the launch of two new fraud mitigation tools to enhance its Identity Verification (IDV) protection portfolio. These newly released packages utilize advanced machine learning models, behavioral insights, and Veriff's in-house fraud detection expertise to strengthen organizations' ability to combat evolving fraud tactics. The platform analyzes user documents, facial biometrics, device data, network details, and previous fraud patterns during the IDV process, providing leading fraud prevention capabilities
- In October 2023, IDology, a GBG company, announced an expanded range of gaming solutions aimed at optimizing player acquisition, enhancing revenue, and fostering loyalty, while also protecting operators against fraud and money laundering through strategic automation. This ensures compliance with both state and federal regulations
