Oct 16, 2024

October 16, 2024 Cloud-native digital banking provider Lumin Digital has partnered with ID Dataweb to introduce identity security protection for its customers. The collaboration will allow financial institutions using Lumin’s platform to integrate ID Dataweb’s identity verification services. ID Dataweb’s platform offers a range of identity verification and security tools designed to support cross-channel oversight for digital interactions. It integrates more than 70 services and databases, providing features such as biometric verification, mobile carrier look-up, dynamic knowledge-based authentication, and fraud prevention. The platform is used to detect and mitigate risks like identity spoofing and synthetic identities while supporting compliance with KYC (Know Your Customer) and AML (Anti-Money Laundering) requirements, and is designed to provide secure identity verification across various touchpoints, including web, application, and call centers. “Data protection is of the utmost importance to us — especially as individuals navigate this era of increased cybersecurity threats and fraudsters,” said Sean McElroy, Chief Risk Officer at Lumin. “Partnering with a comprehensive identity security platform like ID Dataweb ensures we provide our clients with best-in-class identity protection services available to protect their consumers and their organizations.” ID Dataweb’s cross-channel identity oversight will enable Lumin to detect threats across multiple touchpoints, offering solutions to emerging risks like deepfake voices and synthetic identities. Lumin’s no-code platform, meanwhile, allows institutions to customize their workflows, enhancing their ability to meet specific verification needs and ensuring secure digital interactions in a rapidly evolving cybersecurity landscape. “Lumin Digital has always been at the forefront of user experience and security,” said Mark Dreaux, Director of Financial Services at ID Dataweb. “As a leading provider of call center identity proofing, our partnership is an ideal match.” – Partners FaceTec’s patented, industry-leading 3D Face Verification and Reverification software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ finally make trusted, remote identity verification possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for 3D Liveness and Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com AuthenticID provides 100% automated identity verification and fraud detection solutions that are leveraged by companies worldwide, including 2 of the top 3 U.S. Banks, 8 out the top 10 wireless providers in North America, and 2 of the 3 credit bureaus. Using proprietary computer vision and machine learning technology, these solutions help companies accurately verify the identity of their users across retail, digital and call center environments for onboarding and ongoing re-authentication events; KYC, IAM, and more. The solutions are easy to integrate and provide customers a large ROI by stopping fraud losses, increasing customer conversion at onboarding, reducing operational costs and allowing quick and cost-effective operational scalability, all while ensuring global privacy regulations are complied with. https://www.authenticid.com/ Decentralization of data is key for maintaining personal privacy, data protection and digital security. Yet, today’s solutions fall short. Centralized databases are prone to hacks and device-based solutions leave gaping security holes that fraudsters exploit. Anonybit goes to the root of the problem – how biometric data is stored and managed. Instead of building higher walls around centralized databases or storing biometrics on devices only to use passcodes as a fallback, we ask, what if there was no data to find? What if there was no biometric template to store? Welcome to Anonybit. The world’s first FULLY decentralized biometrics, where personal privacy meets digital security. https://anonybit.io/ Identity Week aims to be a significant identity industry catalyst. It’s our mission is to help accelerate the move towards a world where trusted identity solutions enable governments and commercial organisations to provide citizens, employees, customers and consumers with a multitude of opportunities to transact in a seamless, yet secure manner. All the while preventing the efforts of those intent on doing harm. https://identityweek.net/ The Biometric Digital Identity Prism is a market landscape framework designed to help influencers and decision makers understand, innovate, and implement digital identity technologies and solutions. This innovative framework for understanding and evaluating the rapidly evolving biometric digital identity marketplace is the only market model that is truly biometric-centric based on the foundational conviction that in the age of digital transformation the only true, reliable link between humans and their digital data is biometrics. https://www.the-prism-project.com ID R&D is an innovator of biometric facial liveness, document liveness, and voice biometrics. Ranked #1 by NIST, our patented passive approach to liveness, and specialized detection of voice clones, injection attacks and deepfakes, empowers KYC and authentication systems with fast, accurate and secure biometric verification technologies. Over 140 partners in more than 70 countries are collectively processing hundreds of millions of identity checks per year. ID R&D solutions easily integrate with mobile, web, messaging, smart speakers, set-top boxes, and IoT devices. Learn more: www.idrnd.ai