Mexico’s Banco Inbursa Embraces Selphie Solution

FacePhi has just signed its latest major client. The company has announced that Mexico’s Banco Inbursa will implement its Selphie solution on a mobile app as well as a web-based platform.

Mexico's Banco Inbursa Embraces Selphie SolutionThe facial recognition solution is designed for ease of use and aimed specifically at the financial services industry. As the name suggests, it authenticates users via selfie, and features a built-in liveness detection capability that FacePhi says can guard against spoofing attempts. The company recently showed off its solution at the Temenos Community Forum in Spain, where it was named a runner-up in the Innovation Jam Final.

In a statement announcing Banco Inbursa’s integration of Selphie, FacePhi said the bank has become the first in Mexico to enable selfie-based authentication to its customers. Banco Inbursa is FacePhi’s ninth client, coming quickly on the heels of Banco Industrial de Guatemala, which integrated FacePhi’s technology this May. The integrations suggest growing excitement over the Selphie system as it continues to attract the attention of the region’s financial services industry.

July 5, 2016 – by Alex Perala