ID.me’s Post

Learn more about ID.me from our CEO Blake Hall in this short video. Learn how we are putting users in control of their data (and not selling it!).

Part of my Why ID.me? series. Co-Founder, Blake Hall, on how/why did ID.me began and what are the benefits? Spoilers: Digital Wallet and Last Login you EVER need to create and manage. Check it out!!!

🔐 How B-FY Can Put an End to Identity Fraud in Financial Institutions Identity security is paramount in the financial world, and at B-FY, we are committed to delivering cutting-edge solutions to protect financial institutions and their clients. How do we do it? Read on to find out, and you can also explore our blog for more information: https://buff.ly/3Z4aul0 ✅ Cutting-Edge Identification: At B-FY, we employ state-of-the-art biometric technology to authenticate users accurately and securely through our #IDaaS solutions. This means that only the right person can access accounts and financial data. 🌐 Secure Online Access: Our solutions enable financial institutions to offer their clients safer online access. Biometric authentication eliminates the need for vulnerable passwords and guards against identity fraud. 💡 Convenience for Customers: B-FY's IDaaS technology is not only secure but also convenient. Clients can access their accounts quickly and easily, enhancing their online experience. 💪 Protecting the Brand: Identity security is essential for the reputation of financial institutions. Our solutions help safeguard the brand and customer trust. At B-FY, we are at the forefront of the fight against identity fraud in the financial sector, and our commitment is clear: to provide cutting-edge technology that protects financial institutions and their clients. Learn more about how we achieve this on our website: https://buff.ly/3KYzWCB #FinancialSecurity #Biometrics #IdentityFraud #FinancialTechnology #B-FY #TechnologicalInnovation

📊 Did You Know? 60% of Internet Users Worry About Digital Identity Theft 🚀 Let’s dive into the dynamic world of digital identity and explore how Soulverse is pioneering the charge in safeguarding our online personas. 🛡️ What is Digital Identity ? It is the collection of digital data uniquely representing an individual.  It's akin to a digital fingerprint, encompassing all our online interactions. Why Is It Important? Our digital identity governs every aspect of our online interactions, from logging into websites to conducting digital transactions. A secure and well-managed digital identity isn't just a convenience; it's a necessity for ensuring trust and safety online. How Soulverse showcases as a Trendsetter in Digital Identity Management? Soulverse is revolutionizing how we approach digital identities, emphasizing user control, privacy, and security. 👉Soul ID: Offering robust protection against identity theft. 👉Soulogram: Creating a unified, authentic digital avatar that spans across various platforms. 👉$SoulX: The dedicated currency of Soulverse, enabling secure transactions within the ecosystem. Read our blog here on how we navigate through the identity phase through our products! 💡 https://lnkd.in/d__9Py2M 👉 How do you perceive the significance of digital identity in our increasingly online lives? Let's start a conversation in the comments! PS: Did you know that we have onboarded our first client- AIMS Institutes? 😀 #DigitalIdentity #Privacy #Security

The future of passwordless logins looks promising, with 34% of global consumers open to alternatives like multi-factor authentication and biometrics, according to a recent study. Two-factor authentication (26%) and biometrics (24%) are most favored for personal banking and insurance, with UK consumers particularly open to biometrics. Notably, voice recognition (18%) and retina scans (15%) are less popular globally. The study highlights that 81% of consumers prioritize ease of use, with 65% willing to switch to brands offering passwordless authentication. Trust in organizations managing identity data remains low at 10%, with banks (61%) and healthcare services (51%) being the most trusted. Despite concerns about identity theft, 59% still rely on memory for password storage. Additionally, 57% support a single government-issued digital ID, while less than 45% are comfortable with social networks verifying their identity. #PasswordlessLogin #Biometrics #IdentitySecurity

📢 𝗞𝗲𝘆𝗹𝗲𝘀𝘀 𝗮𝗻𝗱 fidentity 𝗵𝗮𝘃𝗲 𝗷𝗼𝗶𝗻𝗲𝗱 𝗳𝗼𝗿𝗰𝗲𝘀 𝘁𝗼 𝗿𝗲𝗱𝗲𝗳𝗶𝗻𝗲 𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆 𝗮𝗻𝗱 𝘂𝘀𝗲𝗿 𝗲𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲 𝗶𝗻 #𝗮𝘂𝘁𝗵𝗲𝗻𝘁𝗶𝗰𝗮𝘁𝗶𝗼𝗻.📢 With Keyless' innovative Zero-Knowledge Biometrics and fidentity's robust identity verification, this partnership promises to combine their expertise to offer an innovative solution that guarantees both enhanced #security and a seamless user experience. This partnership represents a significant step forward in establishing new standards for #digitalidentity verification. Read the full announcement here 👉 https://lnkd.in/d8agwVMQ #zeroknowledgebiometrics #identityverification #identityprotection #fraudprevention

Checkout below how Keyless & fidentity joined forces to enhance Digital Security & Identity Verification. 🆔🔄 This collaboration allows users to verify their identity through fidentity and authenticate with Keyless' multi-factor technology, merging onboarding, identity verification, login, payment authentication, and account recovery. The partnership addresses the emerging threat of identity theft by offering an innovative solution that enhances security while maintaining a seamless user experience 🚨🕵️

Stop using DIY digital IDs! Post-Covid, 45% of Europeans use insecure DIY IDs, per Thales' survey. Infostealer-targeted, these IDs risk identity theft and financial fraud.

Are your customers really who they say they are? Incorporating biometric authentication into your onboarding process can assist you to securely and reliably protect your organisation against fraud, and help provide additional assurance that your customers actually are who they claim to be. Find out more in our article here - https://lnkd.in/g3nh2Efb #Biometrics #IDVerification #Fraud

While corporations and governments tout the advantages of #digitalid to simplify access to digital services, consumer concerns about privacy and control of data are surging. Self-sovereign ID (SSI) – in which consumers control access to their identification data – could help solve the puzzle. According to fraud specialists PerimeterX, attacks against user identity – whether through harvested credentials or cloned/fake user IDs – almost doubled worldwide last year, and are the fastest-growing form of fraud out there. Growth in user ID fraud is one factor that’s driving governments towards digital identities the kind China requires by law for all of its citizens https://lnkd.in/dX49KMR2