World launched its banking-and-finance offering on October 18, focusing on human verification for customers and AI agents. The system distinguishes three credentials: Proof of Human, which establishes uniqueness through Orb verification, Proof of Presence, which uses a selfie-based check, and Proof of Attributes, which concerns possession of a supported government document. These credentials do not establish a person’s authority to carry out a financial transaction or confirm the legitimacy of the payment’s recipient. Banks must therefore maintain complementary controls covering transaction risk, delegation limits, authority revocation and fund transfers. Privacy protections must also account for all information collected by the service, rather than only the biometric evidence presented during verification.
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