document reading

Jumio Makes the REGTECH100 List for the Second Year in a Row

Jumio Makes the REGTECH100 List for the Second Year in a Row

“…the number of candidates nominated for this year’s REGTECH100 had nearly doubled over last year, reaching 824 – a sign of the vitality of this market area in the wake of major new regulations such as the European Union’s GDPR and PSD2 rules.” The industry accolades continue for Jumio, with the company making the REGTECH100…

FacePhi Partners with Garantizar, Reinforcing its Position in Latin America

FacePhi Partners with Garantizar, Reinforcing its Position in Latin America

“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 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…

Nuance to Sell Document Imaging Arm, Focus on Voice and AI

Nuance to Sell Document Imaging Arm, Focus on Voice and AI

Nuance Communications has signed an agreement to sell its Document Imaging division to Kofax, an automation software provider based in California. The deal is valued at $400 million in total. In a statement announcing the agreement, Nuance explained that selling off the Document Imaging division “enables Nuance to focus the business entirely on its conversational…

Mitek Appoints New Chief Executive Officer

Mitek Appoints New Chief Executive Officer

San Diego-based Mitek Systems has a new CEO. The company has announced that Max Carnecchia has taken the helm, and also been appointed to the company’s Board of Directors. Carnecchia comes to the position after a 10-month stint as CEO of Illuminate Education, which he joined at the outset of an intensive growth period for…

Indian FinTech Firms Look for Aadhaar Alternatives for KYC in Wake of Supreme Court Ruling

Indian FinTech Firms Look for Aadhaar Alternatives for KYC in Wake of Supreme Court Ruling

“The situation is only the latest illustration of the haphazard character of Aadhaar’s rapid evolution over the last few years, with government agencies and businesses applying the ID program in something of a regulatory and legal fog.” The Indian Supreme Court’s decision to restrict the use of Aadhaar, India’s biometric national ID program, to government…

Biocryptology Leverages Mitek Tech for User Onboarding

Biocryptology Leverages Mitek Tech for User Onboarding

“Working with Mitek to integrate its best-of-breed identity verification technology into our platform, means that our customers can be assured that the critical onboarding step is simple and secure.” – Ted Oorbals, CEO, Biocryptology Madrid’s Biocryptology has teamed up with San Diego-based Mitek to improve onboarding for its biometric authentication platform. Biocryptology has adopted Mitek’s document…

Jumio and Engage to Confirm Job Applicants’ ‘Right to Work’ with Selfie Authentication

Jumio and Engage to Confirm Job Applicants’ ‘Right to Work’ with Selfie Authentication

“The plan is to adapt Jumio’s selfie-based authentication technology to Engage’s hiring process. “ While Jumio has seen tremendous excitement over its Netverify authentication platform from the financial services industry, and the company was naturally on hand to discuss it FinTech applications and its big FaceTec integration at this year’s Money20/20 event in Las Vegas,…

Jumio Reports 130% Year-Over-Year Sales Growth in Q3 Report

Jumio Reports 130% Year-Over-Year Sales Growth in Q3 Report

Just ahead of next week’s Money20/20 event, Jumio has delivered a corporate update detailing just how successful its Netverify authentication solution has been over the past nine months. The company says that over the first three quarters of 2018, it has seen growth of 130 percent in sales, year-over-year. Its annual recurring revenues, meanwhile, jumped…

Jumio Scores Two Cyber Defense 2018 Global Awards

Jumio Scores Two Cyber Defense 2018 Global Awards

Jumio has been named a winner in two categories of Cyber Defense Magazine’s Cyber Defense 2018 Global Awards, with judges recognizing the company in the area of “Best Product Biometrics” and as the “Next Gen InfoSec Startup of the Year”. The company was, of course, recognized for its Netverify solution, which revolves around the use…

Jumio’s Wins Two Golden Bridge Awards in Recognition of Netverify

Jumio’s Wins Two Golden Bridge Awards in Recognition of Netverify

Jumio has won two Golden Bridge Awards in recognition of its Netverify authentication solution. The company took a Bronze award in the category of “Security Solution for Enterprise (Large) Innovations”, and a Gold award in “Access Compliance and Risk Management Innovations”, with judges evidently appreciating the platform’s utility for easy customer authentication and onboarding. Netverify…

CBP’s Biometric Border Control Comes to Europe

CBP’s Biometric Border Control Comes to Europe

Ireland’s Shannon Airport has become the first in Europe to enable biometric pre-screening for travelers headed to the US. As with the US Customs and Border Protection agency’s escalating border screening program at American airports, Shannon Airport’s system is based on facial recognition. Participating travelers’ faces are scanned and matched against their travel documents, verifying…

Slovakian Bank Takes Advantage of DOT Authentication

Slovakian Bank Takes Advantage of DOT Authentication

“…DOT also features a liveness detection system that requires users to follow a moving dot on their device display while the system tracks their eye movements.” A Slovakian commercial bank is now taking advantage of biometric technology from Innovatrics for customer onboarding. Tatra Banka is using Innovatrics’ Digital Onboarding Toolkit, or DOT. The solution is…

Indiegogo Embraces Mobile Biometrics to Keep Fraudsters at Bay

Indiegogo Embraces Mobile Biometrics to Keep Fraudsters at Bay

Onfido‘s mobile biometrics technology has just seen a high-profile new integration, supporting identity security on the popular crowdfunding platform Indiegogo. The platform is now using Onfido’s to help keep fraudsters off of the platform by prompting new users to upload images of their official identity documents as well as selfies. Onfido’s system is designed to…

Yoti is Investigating the Digital Identity Needs of UK Charities

Yoti is Investigating the Digital Identity Needs of UK Charities

Yoti continues to feed its curiosity, announcing a new research project aimed at exploring the digital identity needs of charities in the United Kingdom. The research project carries forward the momentum of Yoti’s recent investigations in Africa and Southeast Asia, which found some compelling potential use cases for Yoti’s facial recognition-driven mobile ID technology, such…

Alibaba Brings Biometric Check-In to 50 Hotels in Hainan

Alibaba Brings Biometric Check-In to 50 Hotels in Hainan

“The process is entirely automated, and in a statement announcing the Hainan deployments, Shiji asserted that it ‘takes 30 seconds from arrival to room card issued including payment authorization.’” Biometric check-in technology for hotels appears to be gaining traction in China, thanks in large part to Alibaba, the country’s e-commerce giant. Together with Shiji, a…

Volopa Leverages Onfido’s Biometrics and Document Reading for Onboarding

Volopa Leverages Onfido’s Biometrics and Document Reading for Onboarding

Volopa has become the latest FinTech company to take advantage of Onfido‘s biometric and document reading technology for customer onboarding. Based in London, Volopa is the operator of multiple white label prepaid card programs in the European Economic Area, and also offers money transfer services through its platform. As such, it’s very much in line…

IDnow Leverages Face Biometrics and Document Reading for Authentication

IDnow Leverages Face Biometrics and Document Reading for Authentication

IDnow has launched an upgraded version of its identity platform. The system is designed to leverage facial recognition and document reading technologies for end user authentication, all through a standard mobile or desktop camera. It also offers a personal assistance feature in which an agent can help to verify an end user’s identity through video…

Jumio Wins Acclaim for Growth in Press-Driven Awards Program

Jumio Wins Acclaim for Growth in Press-Driven Awards Program

“Jumio was selected as winner based, of course, on its success in offering its flagship Netverify authentication solution, which is designed to leverage facial recognition and document reading technology to confirm end users’ identities on an entirely digital basis.” Jumio has won yet more industry acclaim: The company tied for the Silver award in the…

Yoti’s Research in Asia Shows Paramount Importance of Accurate Identity Solutions

Yoti’s Research in Asia Shows Paramount Importance of Accurate Identity Solutions

Yoti continues to share insights from its research concerning grassroots nonprofits in the developing world, with its findings from Asia pointing to the paramount importance of accurate identity solutions that protect privacy. Writing on the company’s blog, David Burton, a researcher with Glean, a consultancy that helped to carry out Yoti’s research, explains that the…

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