Reddit is implementing new identity verification measures. This change comes in response to increasing concerns regarding AI bots masquerading as actual users on the platform. This decision comes on the heels of a major scandal regarding AI-generated government comments submitted to the ‘Change My View’ subreddit. The move is a...
Revolut partnered with Fourthline to improve its identity verification systems. This partnership comes as Revolut looks to strengthen its foothold in the UK and Germany. As a mission-driven company with deep experience in customer-centricity, Fourthline will bring agile dedicated account management and technical support to Revolut. This announcement continues Fourthline’s...
Trident3, a New York-headquartered startup, is adopting Sumsub’s full suite of identity verification solutions as part of its T3id platform. This partnership is meant to fight the rising fraud that often accompanies digital wallets and blockchain technology. Sumsub's capabilities, including KYC, KYB, AML screening, fraud prevention, and ongoing transaction monitoring,...
The International Air Transport Association (IATA) is spearheading a transformative initiative called One ID, poised to revolutionize air travel through the digitalization of admissibility and contactless travel experiences. One ID aims to streamline passenger journeys by leveraging biometric data for identification, offering a seamless and efficient airport experience. One ID...
Globally Cheqd, an innovative decentralised payment and trust infrastructure provider, has entered into a strategic partnership with Anonyome Labs. Based in Salt Lake City, Anonyome Labs is a leader in consumer privacy, cyber safety and digital identity solutions. This partnership aims to change the narrative surrounding digital identity. Most importantly,...
Digital identity providers are already adopting these protocols with zero-knowledge proofs, decentralized storage solutions, and encrypted communications making user identification safer, while preserving user privacy. These improvements are changing the ways that the public interact with government services, making them quicker, more equitable, and safer. From accessing healthcare benefits to...
Worldcoin is a new global digital identity and cryptocurrency project. It was co-founded by Sam Altman, the current CEO of OpenAI. The project wants to develop a universal digital identity system, “World ID.” It aims to ensure cryptocurrency is fairly distributed to everyone on Earth.Worldcoin aims to address these two...
The United States Patent and Trademark Office (USPTO) recently adopted ID.me. This Virginia-based company needs no introduction, as you already know about its identity verification services based on face biometrics. This recent decision to require ID.me as the means of identity verification for patent attorneys, agents and inventors has created...
Suparna Chawla Bhasin is featuring as the Senior Managing Editor of CyberRisk Alliance’s Channel Brands. Her duties include planning and producing content for MSSP Alert and ChannelE2E. Beyond audience engagement, she has led the team to streamline editorial workflows and focus all storytelling on meeting their audience’s needs.Bhasin's work involves...
Artificial intelligence (AI) is set to revolutionize identity verification, departing from outdated security approaches and amplifying efforts to prevent digital fraud before it occurs. AI integration helps us to improve our security measures and provide the best user experience. This double whammy spurs massive momentum in the identity verification market....
The cryptocurrency industry is currently going through a deep paradigm shift. Regulatory clarity is growing, enforcement actions are changing, and institutional interest is increasing. Recent developments across the globe signal a maturing market, with jurisdictions refining their approaches to digital assets and seeking to balance innovation with risk management. Read...
Remember the early days of the internet? Wild West, right? That’s how DeFi seemed just a few years ago. “Rug pulls” started entering the broader crypto lexicon. That’s starting to change and for the better. We know regulation can be a buzzkill but it’s the only way to find out...
The crypto world loves a good narrative, and Humanity Protocol's H token is dripping with one: a fairdrop revolution. Yet the promise is unmistakable. We will fight to reclaim airdrops from the arms of the bot armies and restore them to actual, live human beings. The method? Palm scans. Yes,...
A billion-dollar valuation for the ability to palm scan? No joke. While everyone’s chasing the next crypto unicorn, I can’t shake the feeling we're blindly galloping towards a future where our bodies are the ultimate key – and the ultimate target. Humanity Protocol’s H token has skyrocketed, partially fueled by...
It’s that same sort of exuberance you felt when you first heard about the metaverse. The fulfillment of digital utopia, being in touch with everyone on planet Earth through expansive online metaverses, creating prosperous virtual societies? It sounded revolutionary. Now, look at Horizon Worlds. Clunky avatars, digital tumbleweeds, and a...
Zuckerberg wants AGI. Personal superintelligence, he calls it. An AI that essentially runs your life. Sounds convenient, right? Maybe. But let's be brutally honest: entrusting the keys to your existence to a single, centralized entity – especially one with Zuckerberg's track record – is a recipe for disaster. Well, it’s...
Just as Mark Zuckerberg made headlines with a big pivot to the now overly-hyped Metaverse, he’s undertaking another big pivot. He’s recently been exploring the thrilling worlds of AI and AGI (Artificial General Intelligence). After the hype and billions of dollars, Meta’s Metaverse projects—especially Horizon Worlds—have found difficulty in attracting...
Mark Zuckerberg, CEO of Meta, is currently navigating a complex path, attempting to redefine his public image and position himself as a leading figure in the burgeoning field of artificial intelligence. Zuckerberg has made no secret of his desire to see Meta take the lead in artificial general intelligence (AGI)....
