• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Log In
  • Member Registeration
  • Account
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

FindBiometrics

FindBiometrics

Global Identity Management

  • Biometrics
    • What are Biometrics?
    • FAQ
    • Biometric Associations
    • Companies
    • Premier Partners
  • News
    • Featured Articles
    • Interviews
    • Thought Leadership
    • Podcasts
    • Webinars
    • Year in Review
  • Applications
    • Biometric Security
    • Border Control and Airport Biometrics
    • Consumer and Residential Biometrics
    • Financial Biometrics
    • Fingerprint & Biometric Locks
    • Healthcare Biometrics
    • Justice and Law Enforcement Biometrics
    • Logical Access Control Biometrics
    • Mobile Biometrics
    • Other Biometric Applications
    • Physical Access Control Biometrics
    • Biometric Time and Attendance
  • Solutions
    • Behavioral Biometrics
    • Biometric Sensors and Detectors
    • Facial Recognition
    • Biometric Fingerprint Readers
    • Hand Readers & Finger Scanners
    • Iris Recognition
    • Biometric Middleware and Software
    • Multimodal Biometrics
    • Physiological Biometrics
    • Smart Cards
    • Vein Recognition
    • Voice and Speech Recognition
  • Stocks
  • Events
  • Companies
  • Podcasts

New Partnership to Bring AU10TIX Selfie Biometrics to Caribbean

July 2, 2021

“Thanks to AU10TIX’s solution, CIBC FirstCaribbean will enable customers to open new checking and savings accounts remotely, confirming their identities with a selfie”

New Partnership to Bring AU10TIX Selfie Biometrics to Caribbean

AU10TIX‘s selfie onboarding technology is coming to the Caribbean, thanks to a new partnership with CIBC FirstCaribbean.

The bank has become the latest financial services entity to embrace selfie onboarding – a major FinTech trend that has become even more prominent after COVID-19 drove so many more consumers and businesses into online channels.

Thanks to AU10TIX’s solution, CIBC FirstCaribbean will enable customers to open new checking and savings accounts remotely, confirming their identities with a selfie. Facial recognition technology will compare an uploaded selfie photo to images of the end user’s official identity documents, thereby verifying that the end user is who they say they are.

The biometric solution features integrated liveness detection technology, designed to detect signs of presentation attacks in which legitimate user biometrics are mimicked in an attempt to fool the identity verification system. What’s more, the whole process can be completed in a matter of seconds.

In a statement announcing the partnership, AU10TIX CEO Carey O’Connor Kolaja emphasized the importance of this kind of security technology now that fraudsters are following legitimate consumers into online channels.

“Cybercrime has been pervasive due to the pandemic and many of our habits have changed around how we, as consumers, want to connect with businesses,” she said. “Together with CIBC FirstCaribbean, we are creating a platform that responds to these digital trends with faster onboarding, tougher security and data protection, and best-in-class user experience.”

CIBC FirstCaribbean will begin using the solution this month in St. Lucia, and plans to expand the onboarding system to additional islands in the coming months.

–

July 2, 2021 – by Alex Perala

Related News

  • FacePhi Teams With Global Banking Software IntegratorFacePhi Teams With Global Banking Software Integrator
  • Juniper Research Opens Nominations for ‘Fintech & Payments’ DisruptorsJuniper Research Opens Nominations for ‘Fintech & Payments’ Disruptors
  • Onfido Provides Selfie Onboarding for Bank Millennium PolandOnfido Provides Selfie Onboarding for Bank Millennium Poland
  • Onfido Provides Onboarding Tech for Moneytrans Remittance ServiceOnfido Provides Onboarding Tech for Moneytrans Remittance Service
  • Onfido Provides Remote Onboarding Tech for Tinaba and Banca ProfiloOnfido Provides Remote Onboarding Tech for Tinaba and Banca Profilo
  • Major Canadian Bank Embraces Selfie OnboardingMajor Canadian Bank Embraces Selfie Onboarding

Filed Under: News Tagged With: AU10TIX, Biometric, biometrics, Caribbean, CIBC FirstCaribbean, face biometrics, facial recognition, financial services, financial services biometrics, FinTech, selfie biometrics, selfie onboarding

Primary Sidebar

Identity is Shaping Air Travel – Time to Invest

Sponsored Links

facetec logo

FaceTec’s patented, industry-leading 3D Face Authentication software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ make trusted, remote identity verification finally possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for Liveness and 3D Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

TECH5 logo

TECH5 is an international technology company founded by experts from the biometrics industry, which focuses on developing disruptive biometric and digital ID solutions through the application of AI and Machine Learning technologies.

TECH5 target markets include both Government and Private sectors with products powering Civil ID, Digital ID, as well as authentication solutions that deliver identity assurance for various use cases. 

Learn more: www.tech5.ai

Mobile ID World Logo

Mobile ID World is here to bring you the latest in mobile authentication solutions and application providers. Our company is dedicated to providing users with the best content and cutting edge information on technology, news, and mobile solutions for your mobile identity management needs.

HID logo

HID powers the trusted identities of the world’s people, places and things. Our trusted identity solutions give people convenient and secure access to physical and digital places and connect things that can be identified, verified and tracked digitally. Millions of people use HID products to navigate their everyday lives, and billions of things are connected through HID technology. https://www.hidglobal.com/

Recent Posts

  • Illinois Lawmakers Are Okay With Face-scanning Drones (Sometimes) – Identity News Digest
  • Worldcoin Raises $115M Series C to Fuel Biometric UBI Efforts
  • Worldcoin, Mobile ID, Biometric Privacy, and More – Identity News Digest
  • Learn How Biometrics Are Fighting AI-Enhanced Fraud with Onfido’s Therese Stowell
  • The Seamless Future of Travel Starts with Passwordless Booking

Biometric Associations

IBIA and fido

Tweets

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2023 FindBiometrics