On the first day of RSA Conference 2024, Incode proudly unveiled its latest cybersecurity solution, Incode Workforce, capturing the attention of industry leaders and cybersecurity experts. This innovative product stands out for its robust approach to combating identity-based fraud and streamlining user authentication across corporate environments. Addressing the Growing Challenge of Identity-Based Fraud With an […]
What is Enhanced Due Diligence (EDD) & Why is it Important? Businesses aiming to combat money laundering and terrorist financing must adhere to regulatory requirements like Know Your Customer (KYC) and Anti-Money Laundering (AML) guidelines. Enhanced Due Diligence (EDD) serves as an advanced level of scrutiny beyond standard due diligence, particularly in higher-risk scenarios where […]
You can’t believe what you’re seeing? Well, you probably shouldn’t. Even a video of someone is no longer guaranteed to be real, as “synthetic media” with malicious intent now abounds on the Internet. These deepfakes portray celebrities, politicians, and influential people in eerily credible media content, leveraging their authority… but they hardly stop there. What […]
As e-commerce continues to grow, with a monthly average of $663 billion spent on retail in the first half of 2023 and 13.8% coming from online sales in the US, the need for seamless transaction processes becomes increasingly vital. Despite the convenience and time-saving benefits that attract 67% of consumers to shop online, Mexican businesses […]
How do we keep kids safe online? This question is especially important since many kids don’t have traditional IDs, making it tough to verify their age accurately. Thankfully, advanced AI algorithms offer a new solution: age estimation through a quick selfie. We’re proud to share that Incode played a significant role in a major study […]
We are proud to announce that Incode has been recognized as a leader in the G2 Grid for Identity Verification (IDV). This prestigious recognition is a testament to our unwavering commitment to providing top-notch identity verification solutions that not only enhance user experience but also play a crucial role in stopping fraud. A G2 Grid […]
Business owners juggle a multitude of responsibilities, from managing finances to overseeing operations, and among these tasks lies the crucial duty of identifying and verifying Ultimate Beneficial Owners (UBOs). This step ensures greater accountability, avoids and prevents illegal activities such as money laundering, and helps businesses comply with regulations. We’ll explore UBO’s meaning, different legal […]
Every company is responsible for complying with various regulations to ensure the safety of the entity. Specifically, companies across different industries have rules called Anti-Money Laundering (AML) regulations. You can think of these rules as security measures to prevent criminals from using companies for illegal activities – such as hiding their money. One key part […]
In the online world, your digital identity is like your personal ID card. It’s how computers recognize you among millions of users. Just like how you recognize friends by their faces, computers use passwords or IP addresses to know who’s who. Each person has their own digital profile, with details and permissions stored safely. Whether […]
In the quest to empower a world of trust, Incode has been at the forefront of innovation in digital identity solutions. Today, we’re excited to announce a significant leap forward with the launch of Incode ID for businesses along with a general rollout of the new enhanced user experience. Building on its success piloting Fan […]
By: Ricardo Amper, CEO and Founder of Incode Technologies There are vital elements to maintain the principles of democracy and ensure that trust remains at the core of our digital world. In an era where global trust in governments, institutions, and corporations is waning, rapid technological advancements, especially in fields like Generative Artificial Intelligence, pose […]
The Future of Remote Work: Embracing Biometric Verification with Incode The thing about adopting a versatile identity verification platform is that it can quickly generate value across multiple facets of your business. The platform’s no code or low code integration options, as well as sophisticated API options, opens new opportunities for applications beyond the original […]
The Road Ahead for Identity Verification By Luis Felipe Segura By 2027, the global Identity Verification (IDV) market will be worth $18.1 billion compared to this year’s projection of $11.6 billion. Unfortunately, this rapid growth exists because as more ID-related transactions take place online, identity criminals keep upping their game with more sophisticated tactics and […]
The Incident: A Deepfake Scam in Hong Kong In early February 2024, Hong Kong police reported a case where deepfake technology was employed to execute a multimillion-dollar fraud. The scammers orchestrated a video conference call, using deepfakes to impersonate the chief financial officer and other staff members of a multinational firm, convincing a finance worker […]
By Domingo Guerra, EVP of Trust and GM of North America, Incode Technologies It’s been said that the best way to predict the future is to create it – and while the modern technology landscape is constantly making tumultuous shifts, being in-tune with innovators in the space can give us an idea of where the […]
But we are sure that by the time it gets here, it’ll be too late to start protecting your data, your transactions, and your business. An effective quantum-resistant response will entail automated verification and portable identity solutions for every vertical from the public sector to gaming. Fast integration is imperative because the threat is here, […]
Key Legislation Impact The Florida House of Representatives has recently passed a pivotal bill, limiting the use of social media platforms for children under 16. Garnering a bipartisan vote of 106 to 13, this legislation compels social media platforms to integrate third-party age verification systems, effectively filtering underage users. This significant move targets the reduction […]
Catalyzing Inclusive Economic Growth Through Identity In an era where distrust in institutions is escalating, eroding the very fabric of social cohesion and democracy, the adoption of reusable digital identities emerges as a beacon of hope. The Incode Identity Network is not just a technological breakthrough; it’s a pivotal move toward rebuilding trust between businesses, […]
Maximizing Returns: Calculating ROI from Biometric Identification Services In our relentlessly digitalizing society, businesses and organizations are increasingly turning to biometric identification services, driven by a variety of different pressures, and sometimes rushing headlong into a solution knowing that the business case is universal. The big motivation for significant investment is that these services, which […]
Understanding How Consumers Perceive and React to Biometric Software in Their Daily Lives Biometric verification, once a staple of science fiction, is now an integral part of our everyday lives. From unlocking smartphones with a fingerprint to airport security checks using facial recognition, biometric software is reshaping how we think about personal security. But what […]
What does it take for a biometric authentication application to identify a particular human, consistently, before and after a haircut, when they’re displaying different facial expressions, under a variety of lighting conditions? Facial verification technology is a sophisticated evolution of computer science and artificial intelligence (AI), and it’s a field that continues to evolve rapidly. […]
Quantum computers are perfectly suited to finding the prime factors of large numbers – the very capability that can break modern data encryption quickly, in a way that classical computers cannot. But for many organizations, the well worn hype behind quantum computing, along with its inability to deliver any commercially viable product, has put quantum […]
Facial and fingerprint recognition may still be cool, but the point isn’t to be “cool”, it’s to deliver unparalleled protection and an evermore refined user experience. Ultimately that’s what drives customer retention, along with so many other effects that translate directly to the bottom line. The newest innovations and those right around the corner do […]
As the fight against money laundering becomes ever more critical, it has also become increasingly complex. Financial criminals continuously adapt to new technologies and channels for illicit activities, making it crucial for businesses to strengthen their anti-money laundering (AML) efforts. In this post, we explore the pivotal role of multi-faceted interdiction in online authentication and […]
Few challenges in financial security are more pressing than the fight against money laundering. The ramifications of inadequate AML authentication safeguards are well-established and significant, encompassing legal penalties, reputational damage, and financial loss. As the world’s foremost fintech experts gather at Money20/20 USA, Incode looks forward to showcasing its industry-leading Anti-Money Laundering (AML) solutions and […]
Find Biometrics and Acuity Market Intelligence Identify Incode as a Guiding Light in Biometric ID Platform Segment We’ve been named a luminary in the 2023 FindBiometrics and Acuity Market Intelligence Biometric Digital Identity Prism Report, based on growth, proof points, unique positioning, strategy, proprietary technology and more – underscoring Incode’s core capabilities to ultimately create […]
We’ve been included as a Representative Vendor in the 2023 Gartner Market Guide for Identity Verification (IDV), which we believe underscores Incode’s efforts toward our mission to transform how identity verification is done. In the last few years, there’s been a worldwide spike in identity fraud – thanks in part to the fact that so […]
In an exciting announcement entering the second semester of the year, Incode has been recognized in Gartner, Inc.’s 2023 Hype Cycle for Digital Identity. Each year, Gartner Hype Cycles help clients across various domains track the maturity and future potential of innovations. The Hype Cycle for Digital Identity, 2023, emphasizes innovations that facilitate secure and […]
The most secure passwords are a long mix of numbers, upper and lower case letters and symbols. The longer, the more variation, and the less memorable, the better. That’s one reason biometric verification is so secure. Your biometric attributes are your password, and they’re guaranteed by nature to be unique. When identifying features are converted […]
Everyone agrees that the core business case for adopting biometric identity verification is the enhanced security it provides. Or is it? If you’re not a financial institution, a government entity, or a bond villain, you may think biometric verification is overkill for your line of business. But biometrics are farther along the hype cycle than […]
How can enterprises and governments implement a superior authentication solution? Providing a passwordless authentication solution is not enough. Even providing a multi-factor authentication solution is not enough. This post describes why Incode’s approach to authentication provides superior security, accuracy, and speed. What is authentication? Before delving into authentication, let’s define the two crucial parts of […]
Study uncovers need for digital, privacy-centric identity verification and authentication solutions to improve the customer experience and create user trust Executive Summary Incode, a pioneer in biometrics technology and a leading business provider of digital identity and authentication solutions, gauged user sentiment toward digital authentication and the use of consumer-facing digital identity apps and services. […]
How do you know that a person is who they say they are? A robust identity verification (IDV) solution includes identity document validation as one of its many features. But validating an identity document consists of more than just examining the document itself. Incode’s revolutionary identity document validation solution includes four ways to validate an […]
In our mobile-dominant world, it is crucial for developers to build applications that are mobile-friendly and secure. Software Development Kits (SDKs) are leveraged for this purpose. Essentially, an SDK is a pre-built tool that serves a specific purpose and can be integrated with your app. While integrating your apps with a mobile SDK is convenient, it increases […]
Digital identity verification (IDV) has become pivotal to online transactions. Nearly every remotetransaction, from purchasing concert tickets to renting an Airbnb requires some level ofidentification. Digital IDV makes these processes much easier for the consumer, reduces thelevel of identity fraud, and builds trust between organizations and their customers. The growing need for digital IDV solutions […]
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