Two of Germany’s leading biometrics companies are teaming up to launch a secure identification platform for mobile devices. Created by DERMALOG and IDnow, AutoIdent is a mobile app that uses facial recognition technology to authenticate users. It offers all of the familiar benefits of biometric authentication, delivering a high level of security and fraud prevention…
Onfido has announced plans to open a new office in Paris as part of a larger growth effort in France. The news comes in the same week as Onfido’s announcement of a partnership with France-based identity solutions giant IDEMIA, with the latter seeking to enhance its portfolio of online authentication solutions with Onfido’s document verification…
“…Onfido’s incorporation of document reading and its 2D face scanning system’s wide-ranging compatibility could enable IDEMIA to better meet the financial services sector’s growing KYC and AML needs.” IDEMIA is enhancing its selfie-based authentication offerings through a new partnership with Onfido. The latter has established itself over the past several months as a leading provider…
“Thanks to the partnership, BitPay will now process Bitcoin payments made to Onfido, while Onfido’s selfie-based authentication technology will be leveraged by BitPay for Know Your Customer purposes.” Having helped to bring so many into the cryptocurrency market, Onfido can now accept payments in Bitcoin, thanks to a new partnership. The company has teamed up…
A Jumio client is singing the praises of the company’s selfie-based authentication technology, and helping to make its case in the online gambling industry. As Jumio explains in a case study posted on its website, the client, Casumo, faces stringent Know Your Customer regulations as a provider of online gaming services. To the end, Jumio’s…
“The end result is an authentication system in which an end user takes pictures of the front and rear of a barcoded identity document, as well as a selfie; then, facial recognition technology compares the images to verify the user’s identity.” Toronto-based Applied Recognition and New York’s Intellicheck are putting their heads together to offer…
“Seven Bank’s aim is to use the biometric technology for customer verification, and even to enable new customers to open bank accounts using the ATM.” An online-focused Japanese bank is preparing to introduce facial recognition at its real-world ATMs, reports The Japan Times. Seven Bank’s aim is to use the biometric technology for customer verification,…
Yoti got a high-profile new partner for its mobile identity verification system at the end of the year: The company announced that its app is now supporting alcohol sales in a collaboration with Jägermeister. The Yoti app combines facial recognition with document reading to match users’ faces to their government-issued IDs, allowing for the remote…
Biometric technology from Acuant is going to be used to identify users of a new blockchain banking platform. The platform is being developed by XIXOIO, a FinTech startup based in Prague. Explaining the firm’s platform in a statement, XIXOIO founder Nikolay Rozhok said that it’s aimed at using the distributed ledger accounting of blockchain technology…
“…Yoti’s Head of Social Impact, Ken Banks, explained that many charity organizations felt that technological solutions based on smartphones would actually hinder access to services, since many charity recipients will either not have the required hardware or technological literacy to confidently use the new tools.” Yoti has concluded its research on the digital identity needs…
“…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…
“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 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…
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…
“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…
“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…
“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,…
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 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…