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…
Onfido is boasting about a stellar year after posting a 171 percent year-over-year growth in sales for the second quarter. The company credited the strong growth to a number of different factors, including a series of new customers and strategic partners. “Our core identity verification business is continuing to meet and exceed the market need…
“Our vision for a decentralized future, self-sovereign identity, data and payment, facilitated by blockchain technology, works well with the identity verification services Onfido offers.” – Alastair Johnson, CEO, Nuggets Nuggets, the provider of a blockchain-based digital identity and payments platform, has embraced Onfido‘s selfie-based approach to customer authentication. The latter’s approach to identity verification revolves…
There’s always plenty of variety in the world of biometrics news, but this week’s crop of FindBiometrics’ most popular articles really runs the gamut across a number of fields. First of all, there’s the perennial issue of strong online authentication. The news that GitHub – perhaps the world’s most popular ‘code repository’ for web development…
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…
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…
The growing trend toward digital onboarding is fueling considerable growth in a burgeoning digital identity and document verification market, according to a new report from Goode Intelligence. Looking at a forecast period between 2019 and 2024, the report predicts that this market will grow from about 518 million identity checks in 2019 to more than…
This week saw one of the industry’s most important events in Money20/20 Europe, with biometrics and other authentication technologies playing an ever-growing role in the world of financial services. And it seems that a lot of people didn’t have time to do much reading: The most popular posts on FindBiometrics this week were all interviews.…
![Money20/20 Europe: Onfido CEO Husayn Kassai on Sophisticated Selfie Biometrics [AUDIO]](https://16sp2o45qs973i2kpolavg37-wpengine.netdna-ssl.com/assets/m2020eu19-Onfido2-620x350.png)
Over the last couple of years, selfie-based authentication has become popular in a big way, with a growing number of organizations embracing this biometric technology for customer onboarding and authentication. And one of the solutions providers that has benefitted most from this trend is Onfido. The company has enjoyed a rapid ascent, exemplified by recent…
Onfido and Berbix are partnering with Checkr to create an all-in-one background check and identity verification platform. The new solution is called Checkr Connect IDV, and it will blend Onfido’s selfie authentication tech with Berbix’s photo ID verification tech to match a face to an ID and confirm the identities of candidates during the hiring…
A UK FinTech startup is celebrating a big new funding round: Manchester-based Nivo brought in £2 million from GP Bullhound, the Angel CoFund, and EG Solutions CEO Elizabeth Gooch, and other investors. The startup only just launched in late 2018 as a spinoff from Barclays Bank, and specializes in secure instant messaging for financial services…
“With this new funding, we can protect more businesses, in more countries—and in more ways—from the effects of fraud,” – Husayn Kassai, CEO, Onfido Onfido has raised $50 million in its latest round of investor funding, led by SBI Investment and Salesforce Ventures. Other contributors to the round included M12 (formerly Microsoft Ventures), FinVC, and…
Having started up in 2012 as the brainchild of a few Oxford graduates, Onfido has in recent years established itself as a leading provider of biometric authentication technology. The company takes a selfie-based approach that has become particularly popular over the last couple of years, enabling identity verification with a combination of facial recognition and…
“Onfido brings innovative identity verification technology and a dedication to security that aligns with the FIDO Alliance’s mission to develop more secure and convenient solutions that reduce the world’s dependence on passwords.” – Brett McDowell, Executive Director, FIDO Alliance Onfido has joined the FIDO Alliance Board of Directors, adding another biometrics specialist to the authentication…
“Among the more specific topics to be addressed in the INTERPOL workshop will be the mechanical and digital printing techniques used to produce – and spoof – official identity documents, new security mechanisms, and 2D vs. 3D document checks.” Onfido is getting a high-profile opportunity to showcase its identification expertise. The company has announced that…
“To register for the platform, users need only to upload a facial image and pictures of official ID. Onfido’s system can then use facial recognition technology to confirm that the images match, verifying the user’s identity.” Onfido has another new client in the sharing economy market: 2nd Address, a kind of Airbnb for business professionals,…
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…