Trinsic’s Post

🔐 Embedded Identity & Payments offers privacy and security like never before. Seamless, secure customer interactions within your app - no separate identity wallets or cumbersome e-KYC processes. We’ve developed Nuggets’ embedded identity solution so that it seamlessly integrates into your existing apps and services: ✅ Frictionless onboarding and account creation ✅ Passwordless logins and payments ✅ Biometric identity authentication for every transaction ✅ Enhanced security and privacy without disrupting user experience We authenticate the person, not just the device, ensuring genuine user identity in the era of deepfakes, synthetic identities and data breaches. This provides an unprecedented level of security and trust for businesses, especially those in data-sensitive sectors like financial services and healthcare. Learn more about how Nuggets can revolutionise your user experience https://hubs.li/Q02SYWh20 #DecentralizedIdentity #EmbeddedIdentity #IdentityWallets

"The FIDO passkey is one example. When a user is asked to sign-in to an app or website, they can now simply use the same biometric as the one which unlocks their mobile device or computer. The passkey's rapid growth in popularity has some experts predicting it will soon become the dominant form of passwordless identification." Biometric technology is experiencing exponential growth and is predicted to transform the future of authentication. https://lnkd.in/e93Cq-w6

Installed digital ID apps to double over next 5 years to reach 5.2 billion According to Juniper Research, the number of installed digital identification apps globally will increase from 2.3 billion this year to 5.2 billion in 2029. The new study predicts that standardisation, such as the EU’s elDAS2 framework and the UK’s Digital Identity and Trust framework, will make it easier to build integrations between identity apps and third-party services. It also sees the increased use of biometrics to verify the user against stored identity credentials as incentivizing digital ID app integration into a more diverse set of services, such as eGovernment and financial services.

Installed digital ID apps to double over next 5 years to reach 5.2 billion According to Juniper Research, the number of installed digital identification apps globally will increase from 2.3 billion this year to 5.2 billion in 2029. The new study predicts that standardisation, such as the EU’s elDAS2 framework and the UK’s Digital Identity and Trust framework, will make it easier to build integrations between identity apps and third-party services. It also sees the increased use of biometrics to verify the user against stored identity credentials as incentivizing digital ID app integration into a more diverse set of services, such as eGovernment and financial services.

Your customers deserve a secure, frictionless experience through every transaction. That’s why we’ve teamed up with Descope, a powerful #CIAM platform. Add authentication and identity management to any app in minutes, stay ahead of fraud, and boost retention — all without writing a single line of code. Level up your #customerexperience: https://bit.ly/3ZzFRWQ #CX #IAM

🔐 Boost Customer Security & Experience with CIAM from 8x8 Enhance your customer interactions and secure their digital journeys with 8x8's integration of Descope CIAM. Streamline authentication, elevate user experiences, and ensure seamless security with our cutting-edge solution. Ready to optimize your CX? Learn more here: Descope CIAM #CustomerExperience #CX #CIAM #Security #DigitalTransformation

INDUSTRY INSIGHTS: Over 3 in 4 like using digital wallets for ID verification, access control A recent study reveals that over 70% of consumers in Brazil, France, Germany, the UK, and the U.S. use digital wallets, and many could soon adopt them for digital IDs. With 29% of global users likely to use their wallets for identity verification within the next three years, the convenience and security of digital IDs are becoming more appealing. Young people are already leading this trend, and with high satisfaction rates for digital wallet apps, the shift towards using them for identity and access control seems poised to grow significantly across the globe. h/t Biometric Update #digitalwallets #digitalID #digitaltrust #digitalpayments https://lnkd.in/dhKsi6Dm

We’ve arrived at a point where the main purpose of many consumers' wallets is to hold their physical IDs. But why cannot we get to a point where digital ID acceptance is more widespread? Over the course of the next years, we’ll be seeing this shift on display. It has some barriers to conquer first, but it’s very much in the realm of possibilities. #DigitalIDs #IDs #DigitalWallets

With NFC-based identity verification, there is no need to sacrifice user experience for security- you can easily create a secure yet seamless verification flow that doesn't require manual data correction from the end user and is completed within a minute. Based on anonymous data from millions of NFC transactions, at Inverid we have determined that the average read time of an identity document chip is just 7.5 seconds. This paired with a process that's already familiar to digital natives thanks to widespread mobile payments creates the ideal user experience for remote identity verification. Learn more about the speed of reading identity document chips in our blog post: https://lnkd.in/euTwQ5W5

In the coming weeks, you'll have an ally that's easy to work with and even easier on your pocket! eZverifi's beta is underway, and soon SMBs and marketplace app users can enjoy an identity verification suite just like Fortune 500 companies. Stay connected! #ezverifi #DatingFun #VerifiedLove #SafetyFirst #SafetyAssurance #VerifiedProfiles #eZverifiCommunity #SecureOnline #Trust #eZverifiProtection #SafeOnline #eZverifiTrust