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FacePhi Partners with Garantizar, Reinforcing its Position in Latin America

November 29, 2018

“With this agreement, Garantizar has become the seventh Argentinian company to embrace FacePhi’s biometric authentication technology, with the broader Latin American region representing its core market.”

FacePhi Partners with Garantizar, Reinforcing its Position in Latin AmericaFacePhi has further reinforced its position in Latin America, and particularly Argentina, with its latest partnership. The company has been contracted to provide biometric identification technology to Garantizar.

The latter is a mobile banking subsidiary of Banco Nación, one of Argentina’s top banks, and offers credit services to small and medium enterprise firms. Going forward, the company will use FacePhi’s biometric, selfie-based authentication technology for customer access to its online services.

With this agreement, Garantizar has become the seventh Argentinian company to embrace FacePhi’s biometric authentication technology, with the broader Latin American region representing its core market.

Commenting on the deal in a statement, FacePhi CEO Javier Mira said it “allows us to consolidate in a very competitive market,” adding that the South American market is “booming”. “For us, it is a new achievement and a boost to our international expansion process,” he said.

The news comes after a strong showing for FacePhi at this year’s Money20/20 USA event, where the company announced a major expansion of its authentication platform, now called inPhinite and incorporating additional biometric capabilities including fingerprint, periocular, and voice recognition.

—

(Originally posted on Mobile ID World)

Related News

  • Argentinian FinTech Firm Opts for FacePhi BiometricsArgentinian FinTech Firm Opts for FacePhi Biometrics
  • FacePhi Solidifies Latin American Presence with Banco Bolivariano PartnershipFacePhi Solidifies Latin American Presence with Banco Bolivariano Partnership
  • FacePhi Announces inPhinite ‘Zero Risk’ Security PlatformFacePhi Announces inPhinite ‘Zero Risk’ Security Platform
  • Yoti is Investigating the Digital Identity Needs of UK CharitiesYoti is Investigating the Digital Identity Needs of UK Charities
  • FacePhi Opens New LATAM SubsidiaryFacePhi Opens New LATAM Subsidiary
  • FacePhi Targets Central America and Caribbean With GBM PartnershipFacePhi Targets Central America and Caribbean With GBM Partnership

Filed Under: News Tagged With: Biometric, biometrics, document reading, face scanning, FacePhi, facial recognition, Garantizar, inPhinite, LATAM, Latin America, Latin American market, mobile identification, selfie authentication

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