- In February 2024, AU10TIX introduced a new Know Your Business (KYB) solution aimed at enhancing partner verification and risk mitigation. By integrating KYB with Know Your Customer (KYC) processes, this solution offers comprehensive identity verification capabilities, supporting secure business engagements and boosting trust in financial transactions
- In January 2024, Onfido launched an all-in-one identity verification solution designed to help enterprises streamline customer onboarding. The platform enables businesses to comply with local regulatory standards, facilitating smooth expansion into new markets and improving user acquisition
- In December 2023, HireRight, LLC released “Global ID,” a digital identity verification tool featuring biometric face matching and digital liveness detection. This innovation strengthens the hiring process by ensuring candidate authenticity, thus improving compliance and reducing the risk of identity fraud
- In October 2023, Veriff unveiled two fraud prevention tools to expand its identity verification suite. Leveraging machine learning, behavioral analysis, and biometric verification, these tools help businesses detect and block fraudulent activities, enhancing overall security
- In October 2023, IDology, a GBG company, expanded its identity solutions for the gaming industry, focusing on player acquisition, retention, and fraud prevention. This development enhances regulatory compliance and operational efficiency, offering gaming operators a more secure and user-friendly experience
