Jumio has picked up one more award to put on its increasingly crowded mantle. The company’s identity verification platform has been named the Fraud & Compliance Solution of the Year at the 2019 SBC Awards. The accolade wraps up a stellar 2019 awards campaign that began with a BIG Innovation Award in February and continued…
“Ubisecure will be a key ally in expanding that reach even further and exploring new use cases, with their prominent and varied customer base.” – Husayn Kassai, CEO, Onfido Onfido‘s selfie-based authentication technology is being integrated into another platform thanks to a new partnership with Ubisecure. Based in Europe, the latter offers a Customer Identity…
Keesing Technologies has released a new web API that was built to facilitate the remote onboarding of new customers for financial institutions. The solution is part of the company’s broader AuthentiScan suite, and leverages document reading and facial recognition capabilities. To that end, Keesing is a document verification specialist with a reference database that includes…
Trulioo’s mobile identity verification services are now available to customers in Nigeria and Ghana. The news will greatly expand Trulioo’s presence in Africa, and facilitate its efforts to raise financial inclusion through the creation of secure digital identities. “Financial institutions are reluctant to do business with citizens who lack a verified digital identity, as it…
Onfido has renewed (and expanded) its identity verification partnership with bunq, a mobile bank that operates out of the Netherlands. According to the terms of the new agreement, Onfido will continue to provide secure facial recognition technology for the mobile onboarding process, allowing users to create new accounts with a photo of their ID and…
Onfido and ForgeRock have joined forces to create a new Digital Access as a Service (DAaaS) platform to facilitate customer onboarding and authentication. The joint solution combines Onfido’s document and identity verification tech with ForgeRock’s CIAM platform. Onfido’s identity verification tech uses facial recognition to compare a selfie to a photo ID to ensure that…
Synectics Solutions has deployed Yoti’s Doc Scan technology in an effort to streamline the onboarding process for its clients in the financial industry. Doc Scan is a digital identity verification platform with facial recognition and document reading capabilities. To use Doc Scan, new clients must first take a photo of their official ID. They…
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…
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…
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…
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 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…
“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…