Identity verification
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H.C. Wainwright Raises Intellicheck (IDN) PT on Identity Verification Growth
Yahoo Finance· 2026-01-08 19:00
Intellicheck Inc (NASDAQ:IDN) is one of the best performing micro cap stocks in 2025. On December 16, H.C. Wainwright increased its price target for Intellicheck Inc (NASDAQ:IDN) stock to $8.50 from $6. The firm maintained a Buy rating on the shares, and stated that the decision was based on Intellicheck’s promising growth path in identity verification. H.C. Wainwright Raises Intellicheck (IDN) PT on Identity Verification Growth Specifically, the analysts explained that target upgrade comes down to Intel ...
St. Louis man sentenced to six years for check fraud scheme
American Banker· 2025-12-22 18:57
Key insight: St. Louis fraudster combined a decades' old scam with modern technology to abscond with $6 million from banks.What's at stake: Bank fraud works because the fraudsters move faster than banks can track them; modern tools turbocharge that advantage.Forward Look: Regulators are weighing changes to check-processing policies to better address fraud.Last Tuesday, a federal judge sentenced a St. Louis man to six years in prison for orchestrating a check-fraud ring that stood to defraud banks and custom ...
Mitek Systems(MITK) - 2025 Q4 - Earnings Call Presentation
2025-12-11 22:00
Financial Performance & Growth - Mitek's LTM revenue reached $180 million, a 4% year-over-year increase[11] - Fraud & Identity Solutions revenue grew by 15% year-over-year, reaching $90 million and representing 50% of total revenue[11, 43] - SaaS revenue increased by 21% in FY25, reaching $77 million and accounting for 43% of total revenue[11, 37, 43] - Adjusted EBITDA reached $54 million, with a margin of approximately 30%[11, 39, 43] - Free cash flow was $54 million, representing a 100% conversion of Adjusted EBITDA[11, 40, 43] Strategic Positioning & Market - Check Fraud Defender ACV grew by approximately 50% year-over-year[38] - Mitek has a net cash position of $40 million[11, 40, 43] - The company estimates the FY26 total revenue to be between $185 million and $195 million, representing approximately 55% year-over-year growth[13, 78] - The company estimates the FY26 Fraud & Identity Solutions revenue to be between $101 million and $105 million, representing approximately 15% year-over-year growth[78]
X @Chainlink
Chainlink· 2025-11-27 13:07
Onchain compliance workflows support:• Identity verification• Policy enforcement• Real-time data controlsAll critical to onchain finance operating at scale—PayPal, WisdomTree, APEX, and Mysten discuss at SmartCon 2025 ↓ https://t.co/QuqGVkmjb7 ...
With upcoming ban, Meta begins to notify Australian teens that their accounts will be shut down
TechCrunch· 2025-11-19 15:29
Group 1 - Meta is notifying teenage users on Facebook and Instagram about the upcoming social media ban for users under 16, which will take effect on December 10 [1] - As of December 4, Meta will prevent users under 16 from creating new accounts, and existing accounts will be inaccessible until users turn 16 [1] - Once users turn 16, they will regain access to their accounts as they were prior to the ban [1] Group 2 - Determining the age of users under 16 poses a challenge for Meta, as users may not provide accurate age information during sign-up [2] - Digital age verification is difficult to implement safely and effectively, with identity verification services being vulnerable to hacks [2] - Security vulnerabilities in identity verification platforms can lead to severe exposure of personal information, as evidenced by a past incident involving AU10TIX [3]
Dan Ives Begins Global Tour To Promote World Network — Meanwhile, Eightco Shares Rise After-Hours - NVIDIA (NASDAQ:NVDA)
Benzinga· 2025-10-08 04:15
Core Insights - Dan Ives, Chairman of Eightco Holdings Inc. (NASDAQ:ORBS), is promoting the identity verification project through a global tour, starting with a visit to the World Network flagship store in San Francisco [1][2] - Ives aims to acquire 800 million WLD tokens and verify 8 billion humans as part of Eightco's "Power of 8" initiative [3][4] - The projected valuation for Eightco is $8 billion, based on a target price of $10 per WLD token, while the company's current market capitalization is $2.16 billion [4] Company Developments - Eightco shares experienced a rise of 1.68% in after-hours trading, closing at $11.31 during the regular session [5] - The World project, co-founded by OpenAI CEO Sam Altman, focuses on identity verification through iris scanning technology, which is seen as a future standard for distinguishing humans from bots [4][5] Market Performance - At the time of reporting, WLD tokens were trading at $1.19, reflecting a decrease of 9.31% in the last 24 hours [5] - The stock of Eightco is ranked strongest in the Value category according to Benzinga's proprietary Edge Rankings [6]
X @The Economist
The Economist· 2025-10-06 10:20
Many British governments have wanted to introduce a single, universal way of proving identity. They succeeded twice, during the first and second world wars, but the measures did not endure https://t.co/1U998RiRVJ ...
FICO Survey Shows South Africans Will Bend the Truth to Access Credit
Businesswire· 2025-10-01 07:00
Core Insights - The FICO Consumer Survey reveals a concerning trend of financial dishonesty among South African consumers, with 26% believing it is acceptable to exaggerate income on loan applications and 22% for mobile phone contracts [1][2]. Group 1: Consumer Behavior and Fraud - There is a growing normalization of first-party fraud in South Africa, where consumers misrepresent their financial circumstances to access credit [2]. - Despite the willingness to misrepresent information, 25% of respondents prioritize strong fraud protection when selecting financial service providers, with two-thirds ranking it among their top three priorities [3][4]. - The majority of consumers (73%) are willing to undergo rigorous identity checks if it means better protection, indicating a shift towards valuing security over convenience [5]. Group 2: Security Preferences - Biometric authentication methods are preferred by South African consumers, with 65% favoring fingerprint verification and 60% favoring facial recognition, while traditional passwords are losing trust [6]. - Concerns about identity theft and deception remain prevalent, with 7% of respondents reporting their identity has been misused to open accounts, suggesting a potential underreporting of fraud incidents [7]. Group 3: Expectations from Financial Institutions - Consumers expect higher standards from financial providers regarding data safety and fair application evaluations, emphasizing the need for adaptive and intelligent identity verification systems [8].
Highway Launches the Trusted Freight Exchange, Powered by the Triumph Network
GlobeNewswire News Room· 2025-08-25 12:00
Core Insights - Highway has launched the Trusted Freight Exchange (TFX), a secure digital freight exchange designed exclusively for verified carriers and vetted brokers [1][2] - TFX integrates identity verification, compliance, pricing, and payment functionalities into a single platform, enhancing trust and efficiency in freight transactions [2][3] - The platform aims to eliminate issues such as impersonation, double brokering, fraud, non-payment, and poor visibility, establishing a reliable foundation for brokers and carriers [2][3] Company Overview - Highway specializes in Carrier Identity® solutions, helping freight brokers reduce fraud and streamline the digital booking process [4] - The company emphasizes transparency, trust, and truth, equipping brokers with necessary data to enhance service delivery and business growth [4] Industry Context - The launch of TFX represents a significant milestone in the freight industry, setting a new standard for identity-first infrastructure in freight transactions [3] - Triumph, a financial and technology company, collaborates with Highway to provide payment, factoring, and intelligence solutions that modernize freight transactions [5]
CLEAR is Under Construction in Epic Toolbox in Identity Verification for EpicCare Link to Streamline Provider Access, Boost Security
Globenewswire· 2025-08-07 10:00
Core Insights - CLEAR is expanding its identity verification capabilities through integration with Epic's EpicCare Link, aimed at enhancing account creation and recovery workflows for community health providers [1][4][5] - The integration is part of CLEAR's broader strategy to secure every access point in the healthcare journey, providing seamless identity experiences for both patients and providers [3][6] - CLEAR's identity verification integration for MyChart is also under development, expected to be available with the November 2025 version of Epic [2] Integration Details - The integration will allow users to verify their identity through a secure, self-service process, eliminating the need for manual reviews and paper forms, thus reducing administrative burdens [4][5] - CLEAR's platform supports IAL2 standards and advanced verification protocols, ensuring compliance and security while modernizing access experiences [5][6] Market Position - CLEAR has over 33 million members and is positioned as a foundational identity layer for healthcare, helping health systems modernize infrastructure and reduce risks [6][8] - The integration with Epic is expected to streamline patient check-in processes and enhance the overall efficiency of healthcare organizations [3][4]