STC Group to Show Off Multimodal Onboarding System at FinovateFall

STC Group (represented by SpeechPro in North America) has been invited to showcase its Documented Biometric Onboarding (DBO) solution at this year’s FinovateFall conference in New York City.

It’s a mobile solution designed to offer effective multimodal authentication. First, a user aims her phone at her ID document: The system scans the relevant information and also collects facial biometric data from the user’s image. Next, the user takes a video selfie, recording her face while she recites a numeric code that the DBO system has generated for her. Now, the user is enrolled and can authenticate across various channels using multimodal biometrics and document verification.

The latter, selfie step in the process is essentially the same authentication process used in STC Group’s cloud-based OnePass solution, and given its effective use of standard smartphone technology, its appeal to the FinTech community is easy to understand. Daon, another company offering a mobile-ready biometric authentication solution, has also been invited to FinovateFall 2016; and EyeVerify saw acclaim for its Eyeprint ID solution at FinovateEurope earlier this year.

Of course, with the financial services sector—among others—showing an increasing appetite for these kinds of technologies, there’s plenty of room for such offerings, with FinovateFall offering STC Group an opportunity to highlight its DBO solution and to raise the profile of its technology more generally.

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September 6, 2016 – by Alex Perala