FindBiometrics
Global Identity Management
IDNow has shared some statistics that reflect the behavioral changes people have made in response to the COVID-19 pandemic. To that end, the Verification-as-a-Service provider notes that there has been a dramatic increase in the total number of verification requests, which has gone up 26.8 percent since Europe started adopting social distancing measures at the […]
Biometric cybersecurity startup Keyless has raised $2.2 million in its latest round of seed funding to expand on a product that uses biometrics to unlock users’ private keys. Keyless uses multi-party computation (MPC) at the heart of its service, a process where the users’ security key itself is split into multiple encrypted parts and then […]
Having been live in the App Store for only a few weeks, ZenGo has updated its eponymous cryptocurrency app. Most of the enhancements concern the app’s redesigned user interface, with ZenGo calling it “the most handsome wallet you’ve ever seen” in its announcement. There’s a new “quick action” menu, and account balances can be upgraded […]
“In implementing biometric security based on facial recognition, Bitcoin IRA joins a growing trend in the cryptocurrency space, with players like the Paxful marketplace and the ZenGo cryptocurrency wallet also having recently embraced face-based authentication.” Bitcoin IRA, a platform designed specifically to allow individuals to buy and sell Bitcoin cryptocurrency through their Individual Retirement Account […]
“The lion’s share of credit for this achievement goes to FaceTec, which provided the ZoOm authentication software used by ZenGo.” Toward the end of June, cryptocurrency wallet provider ZenGo challenged its users — and any other interested hackers, really — to try to break into its wallet, offering a reward of one Bitcoin. And with […]
Onfido is teaming up with Civic to provide secure customer onboarding for the latter’s upcoming cryptocurrency wallet. The blockchain-based Civic Wallet will allow users to store and trade cryptocurrencies without sharing any superfluous personal information, providing account access through a private key that will be stored on the user’s mobile device. Onfido will make it […]
The non-profit IOTA Foundation has released a new cryptocurrency wallet to facilitate the seamless storage and exchange of IOTA tokens. Dubbed the Trinity Wallet, the open-source platform offers customizable user features and is already compatible with most major operating systems, including Windows, Mac, Linux, iOS, and Android. The design itself was put together with input […]
IDEX is dispelling some misconceptions about cryptocurrencies after doing the same for biometric payment cards and financial inclusion. In the first entry of the company’s latest blog series, IDEX Senior Vice President David Orme argues that biometric authentication is the next logical step for cryptocurrency expansion. According to Orme, biometric technology solves one of […]
“Thanks to the partnership, BitPay will now process Bitcoin payments made to Onfido, while Onfido’s selfie-based authentication technology will be leveraged by BitPay for Know Your Customer purposes.” Having helped to bring so many into the cryptocurrency market, Onfido can now accept payments in Bitcoin, thanks to a new partnership. The company has teamed up […]
“It can also be programmed to unlock based on the correct sequence of fingerprint scans, essentially turning the digits of a user’s hand into the digits of a biometric PIN.” Ahead of this year’s Money20/20 Las Vegas event, newcomer ITBiometrics has been admitted into the event’s Startup Academy. The company offers a cryptocurrency wallet boasting […]
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