FinTech
Verifying identity and catching fraud – Data Zoo’s US patented solution for a digital world
Physical possession of identity documents helps prove a person
is who they claim to be.
But criminals can steal personal information via data breaches
- or purchase on the dark web – and open online bank accounts, digital wallets and
crypto trading apps.
Data Zoo is fighting back with a US patented, global solution
to this digital identity problem.
The
innovative elements of the proprietary solution include layered
verification to create a compound digital identity - and a real-time dynamic
trust scoring system - by combining government-issued documents with online
identity sources and other relevant details like open banking data.
22 October 2023 by Jennifer Harr...
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