“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 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’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 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…
“… 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…
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 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 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 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 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…
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…
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 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…
“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…
The Austrian software company POS AG has deployed BioID’s identity verification services to allow its customers to self-activate their SIM cards. POS AG will specifically be leveraging BioID’s PhotoVerify solution, which will eliminate the need to speak with an agent (in person or online) when activating a card. PhotoVerify combines document verification and facial recognition…
“[Jumio]’s solution combines facial recognition and document reading technology to verify the identities of end users, allowing financial services firms like BTG Pactual to automate the digital onboarding process while maintaining security and adhering to KYC requirements.” BTG Pactual has become the latest bank to embrace Jumio‘s biometric customer onboarding technology. Based in Brazil, BTG…
“[AU10TIX] has established itself as a KYC and customer onboarding solutions provider in the areas of financial services, travel, transportation, and gaming. Alternative asset firm TPG has taken a big stake in AU10TIX, investing $60 million in the latter’s holding company, ABC Technologies B.V. Based in Cyprus, AU10TIX specializes in customer onboarding and KYC automation…
Ipsidy is trying to simplify identity verification and authentication with a new web browser interface that does not require any back-end coding or software integration. Dubbed the Identity Portal, the new platform combines Ipsidy’s flagship Proof and Verified services to enable mobile identity verification and authentication with minimal technical expertise. Proof is a mobile document…
The smart scooter company Gogoro is expanding with a new ride sharing app designed specifically for smart cities. The new app is called GoShare, and will launch in the Taiwanese city of Taoyuan in August. “Cities have proven consumer demand for mobility sharing, but few have established ongoing viability because of the operational inefficiencies in…