Total global revenues from the provision of digital identity services and technologies, including third-party and civic identity apps, centralised identity schemes and digital ID verification, will exceed US$53bn in 2026 compared with US$26bn in 2021, according to a forecast by Juniper Research... More
Consumers, retailers and other business customers can now remotely verify their identity when opening an account or applying for a loan with Belgium-based Aion Bank by scanning the contactless chip embedded in an ID document with their NFC smartphone or other mobile device and validating the information via a facial recognition check... More
Consumers in Turkey wanting to open a bank account remotely will be able to do so via a video-based digital onboarding system that requires them to verify their identity using an NFC-enabled ID document, according to a new regulation issued by the country’s Banking Regulation and Supervision Agency (BRSA)... More
