The union will see Idemia combine its identity verification and authentication technologies with Proof’s PKI-based digital signature and authorization network, to enable VDCs that will “embed identity and biometric assurances to address payments fraud, KYC, and a wide range of related use cases.” That means financial institutions and enterprises will be able to verify and rely upon reusable digital credentials that are user-controlled, privacy-preserving, and maintain revocability and compliance.
Source: www.biometricupdate.com