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AU10TIX Gets $20M More in VC Funding

AU10TIX Gets $20M More in VC Funding

Customer onboarding and KYC specialist AU10TIX has brought in $20 million in VC funding. The investment comes by way of Fund Oak HC/FT, and has been poured into ABC Technologies B.V., AU10TIX’s parent company. In announcing the funding, AU10TIX emphasized the growth in the identity and document verification market in which it specializes, suggesting that…

Ola Utilizes Facial Recognition to Verify New Drivers in London

Ola Utilizes Facial Recognition to Verify New Drivers in London

The Indian ride sharing company Ola is moving forward with its UK expansion efforts and is now onboarding new drivers in London. Licensed British drivers can register through the Ola app. Unlike other ride sharing services, Ola is noteworthy for using facial recognition to provide continuous authentication of its drivers. The tech compares the driver’s…

Onfido Provides Mobile Onboarding for b-sharpe Currency Exchange

Onfido Provides Mobile Onboarding for b-sharpe Currency Exchange

The Swiss company b-sharpe has turned to Onfido for secure onboarding and identity verification. b-sharpe is an online currency exchange platform that provides individuals and businesses with transparent pricing for currency exchanges. The company has cleared 1 billion Swiss Francs in transactions for 14,000 customers, and claims to save those customers around 70 percent when…

Biometrics, Identity Proofing & Certified Liveness Detection Can Mitigate Data Breaches: White Paper

Biometrics, Identity Proofing & Certified Liveness Detection Can Mitigate Data Breaches: White Paper

The digital world is an increasingly scary place, with each passing year delivering new data breach and hacking events in which consumers’ Personally Identifiable Information (PII) is spilled into the dark web and afflicted organizations suffer significant damages to their operations and their reputations. But digital security is evolving, too, and there are compelling solutions…

WorldReach App Integrates Cognitec’s Face Matching Solution

WorldReach App Integrates Cognitec’s Face Matching Solution

WorldReach has deployed Cognitec’s secure facial recognition tech in a smartphone app that automates the ID application process. The app asks users to take a selfie when applying for a passport or a visa, or when they’re enrolling in some kind of digital service. After that, Cognitec’s facial recognition algorithm will match the photo against…

FacePhi Leaps into Healthcare Biometrics with Swiss Medical Group Partnership

FacePhi Leaps into Healthcare Biometrics with Swiss Medical Group Partnership

“It is a breakthrough in our business strategy, since we are entering a new sector in which we had no presence before.” – Javier Mira, CEO, FacePhi Spain-based biometric authentication specialist FacePhi has made its first big leap beyond the financial services sector, announcing that a new partnership with Swiss Medical Group has brought it…

Refinitiv Teams Up with Trulioo on Qual-ID Onboarding Solution

Refinitiv Teams Up with Trulioo on Qual-ID Onboarding Solution

Refinitiv has released a new mobile onboarding solution that will help financial institutions comply with the latest Know-Your-Customer (KYC) and anti-money laundering (AML) regulations. The platform has been dubbed Qual-ID, and is the result of a partnership between Refnitiv and Trulioo. Qual-ID combines Trulioo’s selfie-based document and identity verification technology with Refinitiv’s World-Check Risk Intelligence…

FaceTec Upgrades Renowned Biometric Face Authentication System

FaceTec Upgrades Renowned Biometric Face Authentication System

“…FaceTec’s ZoOm is particularly notable for its highly advanced liveness detection capability, which can detect spoofing attempts aimed at mimicking valid user biometrics.” FaceTec has made one of the world’s best selfie-based authentication systems even better, announcing version eight of its ZoOm solution, which users can try for free as a demo via links on…

Onfido Provides Biometric Identity Verification for Agora e-Voting Platform

Onfido Provides Biometric Identity Verification for Agora e-Voting Platform

Onfido will be providing secure identity verification for the blockchain e-voting company Agora. Through the new partnership, citizens will be asked to provide a selfie and an official government ID when using the Agora app or a dedicated voting machine. Onfido’s technology will then compare the selfie to the photo on that ID, only allowing…

Japanese Bank Begins Deployment of Biometric ATMs Featuring NEC Tech

Japanese Bank Begins Deployment of Biometric ATMs Featuring NEC Tech

“… Seven Bank has revealed that it has been working with facial recognition specialist NEC to develop these new ATMs, and that it will begin to replace current ATMs with the new models starting this month.” Tokyo-based customers of Japan’s Seven Bank will soon have sophisticated new ATMs at their disposal, thanks to technology from…

NICE Actimize Adds HooYu to the X-Sight Marketplace

NICE Actimize Adds HooYu to the X-Sight Marketplace

The identity verification company HooYu is the latest addition to NICE Actimize’s X-Sight Marketplace. The X-Sight Marketplace offers a collection of solutions for financial institutions looking to reduce the threat of financial crime. To that end, HooYu Identify uses facial recognition tech to match a live face against the picture on an official identity document.…

Onfido Receives Frost & Sullivan Innovation Award

Onfido Receives Frost & Sullivan Innovation Award

Onfido has been given Frost & Sullivan’s 2019 European Technology Innovation Award. The award is one of several Frost & Sullivan Best Practices awards handed out to regional and global companies in a number of different fields, including customer service and strategic product development. The European Technology award specifically recognizes products with innovative features that…

Onfido Testing Portable Identity Solution in UK

Onfido Testing Portable Identity Solution in UK

Onfido is testing a portable identity solution in conjunction with a group of FinTech partners that includes Monese, Seedrs, Curve, and B-Social. The regulatory sandbox test is being carried out in Britain as part of an FCA program that gives businesses the opportunity to pilot new ideas with real consumers. The FCA is the UK’s…

Yoti Simplifies Login, Provides Proof of Age for Student Events Ticket Platform

Yoti Simplifies Login, Provides Proof of Age for Student Events Ticket Platform

Yoti has found another youth-focused partner for its biometric mobile identity platform. Called ‘Native’, the new partner operates an app-based platform aimed at offering tickets for concerts and other events to university students. For Native users, the partnership means that they will be able to log into the Native website without the need to enter…

NICE Actimize Welcomes Jumio to the X-Sight Marketplace

NICE Actimize Welcomes Jumio to the X-Sight Marketplace

NICE Actimize has added another high-profile partner to its rapidly expanding X-Sight Marketplace, announcing that Jumio’s identity verification technology will now be listed on the platform. The X-Sight Marketplace collects a range of financial crime and risk management solutions, making it easy for financial institutions to keep up to date with the latest security innovations…

RefNow Leverages Yoti for ID Verification, Simplifying the Hiring Process

RefNow Leverages Yoti for ID Verification, Simplifying the Hiring Process

Yoti is teaming up with RefNow in an effort to make the hiring process less of a hassle for employers and candidates alike. RefNow is a London-based human resources company that tracks down and contacts people’s employment references, which saves companies the trouble of doing it themselves.  To use the platform, employers submit the name…

Melissa Announces Latest Selfie Solution

Melissa Announces Latest Selfie Solution

The identity verification specialist Melissa is hoping to simplify the onboarding process with a new selfie-based Know Your Customer solution. Appropriately dubbed Melissa KYC, the mobile app combines document reading with liveness detection and facial biometrics to confirm the identities of new customers during registration. “Whether verifying an address or working to prevent online fraud, the business process…

Onfido Safeguards Civic Cryptocurrency Wallet

Onfido Safeguards Civic Cryptocurrency Wallet

Onfido is teaming up with Civic to provide secure customer onboarding for the latter’s upcoming cryptocurrency wallet. The blockchain-based Civic Wallet will allow users to store and trade cryptocurrencies without sharing any superfluous personal information, providing account access through a private key that will be stored on the user’s mobile device. Onfido will make it…

Candidate Screening Specialist Embraces Selfie Authentication

Candidate Screening Specialist Embraces Selfie Authentication

“Using a smartphone, an end user simply takes a selfie as well as images of their official identity document, and then RightID will confirm that the face in the selfie matches the pictured ID.” Another selfie-driven authentication solution has hit the market, this time aimed at property managers and employers. Dubbed “RightID”, the new app…

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