Ekata, a company that provides identity verification APIs that assist in risk assessment, has announced a new API that is designed to combat synthetic identity fraud. The new Ekata Account Opening API helps developers weed out bad actors from authentic customers during the onboarding process.
BioID has enhanced its biometrics as a service portfolio with the launch of its PhotoVerify API. Part of the BioID Web Services suite, the PhotoVerify API compares a live image against a photo ID to verify identity. The API approach lowers time and cost associated with advanced identification.