The Digital Identity Blog

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Privacy Series

Digital Wallet With Security

An Overview of Digital Identity in the Financial Industry

Digital identity has come a long way in the past decade, particularly within the financial industry. Ten years ago, most financial institutions relied on traditional methods of identification, such as presenting a physical driver's license or passport when opening a bank account or applying for a loan. While these methods were effective, they were also time-consuming and prone to fraud.

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Liveness Detection Scan

The Importance of Liveness Detection in Identity Verification

Liveness is quickly becoming an essential part of the identity verification process. However, before delving into what liveness is and the benefits associated with it, we need to take a step back and look at the larger picture. Why is liveness needed when we have comprehensive identity verification solutions already? How is fraud detection limited? Only then will we truly understand the need for liveness detection in our solutions. 

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data breach

10 Steps to Prevent a Data Breach

In today’s data-driven world, data breaches are becoming more commonplace and can affect hundreds of millions, if not billions, of people at a time. As digital transformation has increased the sheer amount of data moving, data privacy risks and the amount of data breaches have consequently risen due to attackers exploiting the data-dependencies of our daily lives.

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US State Data Privacy Legislation Map

US Data Privacy Laws Explained

What’s going on with data privacy legislation in the US?

Answer: There’s a lot going on. Besides the whispers of federal data privacy legislation in the future, there’s a lot in the works for a majority of states in the US. If you know about California and CCPA, think along those lines - but for every state, each with their own intricacies and penalties.

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