“FacePhi’s solution is designed to leverage a standard smartphone camera to capture a user’s facial biometrics and match them against their identity documents.” FacePhi has sealed its 22nd contract, the company has announced, with a new client in Bancro Macro of Argentina. The bank has incorporated FacePhi’s biometric onboarding solution with the help of Compusistem,…
“FacePhi says it now has 21 banks among its client roster, including two of the world’s biggest institutions, HSBC and ICBC.” Spain-based mobile biometrics specialist FacePhi saw a 307 percent increase in profit last year, the company has announced. FacePhi’s business revolves around the financial services sector, where its technology has been embraced for mobile…
Facial recognition is a massively popular biometric modality in FinTech, and the outlook is looking even brighter now that Apple has included it on the upcoming iPhone X. At Money20/20, FindBiometrics President Peter O’Neill caught up with Javier Mira, CEO, FacePhi – a face biometrics company well positioned to take advantage of the modality’s rising…
Entrust Datacard is introducing facial recognition to its Mobile Smart Credential and Mobile Soft Token systems. They already support fingerprint recognition and passcode security. Now, with facial recognition added to the mix, end users will be able to access enterprise applications just by looking at their mobile devices’ front-facing cameras. The technology comes by way…
“In a statement announcing its partnership with HSBC, FacePhi emphasized that Euromoney magazine recently named HSBC the “World’s best bank”, suggesting that its embrace of biometric technology has helped to burnish its profile.” HSBC customers will soon be able to log in to their mobile apps via facial recognition, thanks to a new partnership with…
Apple has created quite a stir with its unveiling of the iPhone X, and not least because of its Face ID facial recognition system. Together with Apple’s framing of the issue, and the media response it has provoked, casual observers might be led to believe it’s a revolutionary new technology. But facial recognition in general…
The deal comes after FacePhi rebranded its flagship solution from its previous moniker, ‘Selphi,’ to its new name, ‘ME.’ A new contract will see FacePhi technology used for digital onboarding of Red Link customers in Argentina. Red Link is an operator of ATM networks in the country, and evidently has extensive business ties: According to…
The Financial ID Briefing brings you top highlights from the world of biometrics, mobile ID, and finance. It is powered by FindBiometrics and Money20/20. Banking With a Selfie in Argentina ICBC, the largest bank in the world by asset volume, recently embraced facial recognition based security at its Argentinian subsidiary. The biometric security comes via…
“The agreement should further raise FacePhi’s profile in the financial services sector in which it specializes…” FacePhi has a new client, and it may be its biggest yet: The Spain-based mobile biometrics specialist has announced a new partnership with ICBC. As Valencia Plaza reports, ICBC is the biggest bank in the world by asset volume;…
Today was the final day of Money20/20 Europe, during which the leading minds in biometrics and FinTech took the stage to discuss multimodal biometrics in the world of modern day commerce. Peter O’Neill, president of FindBiometrics, moderated The power of choice: Why multimodal biometrics are taking over consumer facing FinTech – a dynamic discussion about…
The Financial ID Briefing brings you top highlights from the world of biometrics, mobile ID, and finance. It is powered by FindBiometrics and Money20/20. The Obstacle of Technophobia A new research report from HSBC, Trust in Technology, asserts that the biggest obstacle facing the mainstream adoption of biometrics in FinTech is consumer technophobia based on…
“Both companies will showcase their joint solution at the upcoming Money20/20 Europe expo, with Douglas and Mira scheduled to participate in an expert panel discussion on multimodal biometrics in FinTech, which will be hosted by FindBiometrics President Peter O’Neill.” BioConnect is integrating FacePhi‘s facial biometrics technology into its eponymous multimodal authentication platform, the companies have…
FacePhi has attained FIDO UAF certification for its Selphi platform. The platform is based on facial recognition, and allows end users to authenticate by taking a selfie using a smartphone. It has seen numerous deployments over the past year, with a strong focus on serving the financial services sector. Now, the FIDO Universal Authentication Framework certification…
Peter O’Neill, president of FindBiometrics had a chance to speak with Javier Mira, CEO and co-founder of FacePhi. The conversation starts with a review of what an excellent year 2016 has been for FacePhi, goes on to cover the challenges of deploying biometrics in the financial arena, and discusses the importance of industry events like Money20/20.…
FacePhi‘s deployment with Banco Inbursa has gone live. The project was first announced this past summer, when the Mexican bank contracted FacePhi’s Selphi solution for customer authentication on its mobile app. True to its name, Selphi verifies a user’s identity via selfie, with facial recognition being used to match the subject as depicted in her…
FacePhi has just signed its latest major client. The company has announced that Mexico’s Banco Inbursa will implement its Selphie solution on a mobile app as well as a web-based platform. The facial recognition solution is designed for ease of use and aimed specifically at the financial services industry. As the name suggests, it authenticates users…
Face biometrics company FacePhi just announced that it has been named runner-up in the Innovation Jam Final held at this week’s Temenos Community Forum (TCF), which ran May 17- 19 in Barcelona, Spain. The company scored an invitation to the event last March after winning the Miami edition of the Temenos Innovation Jam. Exhibiting its…
Facephi has announced another major new client in the Central American financial services industry. Through partner GBM, the company has provided its facial recognition technology to Banco Industrial de Guatemala. The technology forms the basis for an authentication system on the bank’s newly-launched mobile app, which lets customers verify their identities via selfie photos. It’s a form of…
Spain-based biometrics specialist FacePhi has won a new contract with a major bank. The company will provide facial recognition technology to Banco Nacional de Costa Rica. It’s the country’s biggest financial institution, and thus a major win for FacePhi. The project is set to roll out in two phases, with the first launching in Q2 of…