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IDEMIA Public Security and Indicio Partner to Deliver Interoperable Digital Identity for Financial Services

IDEMIA

IDEMIA and Indicio have teamed up to launch a global identity verification solution. This collaboration boosts trust in financial services, banking, and decentralized finance. IDEMIA’s biometric identity proofing works with Indicio’s verifiable credential platform. Together, they help organizations create secure, portable, and private digital identities globally. This solution tackles issues like deepfakes, synthetic identities, and fraud. It uses mobile credentials like driver’s licenses and digital documents that follow global standards. This supports both in-person and remote verification. It also includes a secure digital wallet. This wallet stores and shares verified credentials. So, onboarding, compliance, and authentication become easier.

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“The IDEMIA-Indicio partnership equips organizations with one of the most comprehensive secure identity verification capabilities on the market. By fusing our proven identity verification and authentication capabilities with Indicio’s leading credential management platform, we’re enabling enterprises to rapidly expand their digital identity footprint while reducing the complexity and cost of cross-border compliance. This is a pivotal step toward true global portability and interoperability for digital credentials,” said Matt Cole, CEO, IDEMIA Public Security.

Read More: IDEMIA Public Security and Indicio Launch Interoperable Identity Verification Solution Targeted to Advance Trust in Financial Services