News

Archive for January, 2022

Categories : CDPI Emerging Markets
Dates : January 2022

Fintech and insurtech innovation in Brazil set to take off on regulatory tailwinds

January 20, 2022
Brazilian instant payment system Pix ended 2021 having powered more than 8 billion transactions, according to statistics from the country’s Central Bank. This is quite an impressive figure for an offering only launched in November 2020 and goes to show how ubiquitous Pix has become in the country. Additionally, Brazil’s Superintendence of Private Insurance (Susep) is working on open insurance plans, which means that insurtech could be the next sector to benefit from regulatory tailwinds.
CDPI Emerging Markets

1Kosmos BlockID Platform Provides SIM Binding to Prevent Online Fraud

January 13, 2022
1Kosmos, the only company that unifies identity proofing and passwordless authentication, announced it has added new SIM (subscriber identity module) binding capabilities that prevent online fraud to the 1Kosmos BlockID distributed digital identity platform. Using a combination of SIM detection and SMS verification, BlockID validates a user’s mobile number against the number registered with their financial institution or employer to protect against attacks that attempt to register an unauthorized device/phone number on a customer’s account.
CDPI Emerging Markets