“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…
Ipsidy appears to have the full confidence of its backers: The company has announced that at its recent Annual Meeting of Stockholders, all of management’s proposed resolutions were passed. The company didn’t go into great detail in its announcement about what these resolutions pertained to, but did note that one result of the voting is…
Select business clients of Citi Treasury and Trade Solutions will soon be able to access their CitiDirect BE accounts using fingerprint or facial recognition on their smartphones. Offered in 95 countries, CitiDirect BE is aimed at enterprise clients, offering online access to investment, trade, and cash services. As such, the platform sees some big volumes,…
Biometric technology from Toronto-based Applied Recognition is now being used to verify individuals signing up for SmartPay, a mobile-based financial services platform operating in Vietnam. The integration of Applied Recognition’s Ver-ID facial recognition technology means that end users can confirm their identities simply by submitting a selfie photo through the platform. At the same time,…
“IDEMIA’s solution is a mobile application that is designed to leverage one of two biometric factors for user authentication…” IDEMIA has come out a winner in Juniper Research’s Future Digital Awards. Its CloudCard+ solution took the top prize in the category of “Best Payment Authentication Platform/Solution”, ahead of runner-up Accertify and its Dynamic Risk Vectors…
![INTERVIEW: Kevin Alan Tussy, CEO, FaceTec, Talks Spoofing and Liveness Detection [PART ONE]](https://16sp2o45qs973i2kpolavg37-wpengine.netdna-ssl.com/assets/placeholder-interviews.png)
FaceTec has had a big year. The company marks a successful 2018 with some high-profile integrations of its AI-driven ZoOm 3D Face Login authentication solution, which utilizes standard 2D smart device cameras and webcams to create 3D FaceMaps with its patented ZoOm motion technology. ZoOm is now securing user logins on five continents in several industries, including…
“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…
“By implementing a system like Jumio’s which combines document reading with facial recognition, regulators can enable online betting operators to take advantage of readily available technology – ie. smartphones – to confirm the identities and ages of their patrons.” In the wake of a scandalous new report on youth gambling in the UK, Jumio is…
“In order to streamline the customer onboarding process, the company will leverage Onfido’s remote authentication technology, which uses facial recognition and document reading to match an end user’s selfie image to the official identity documents they present.” Onfido‘s biometric and document reading technology has once again been embraced by a cryptocurrency specialist for customer onboarding.…
![ISC East: Ipsidy CEO Philip Beck Talks Integrations and Selfie Login [AUDIO INTERVIEW]](https://16sp2o45qs973i2kpolavg37-wpengine.netdna-ssl.com/assets/Ipsidy-ISC-East-18-e1542297212882.jpg)
Selfie-based authentication has emerged as a key trend over the last year, thanks in part to Apple’s outsized role in popularizing the technology with its Face ID facial recognition system on its latest iPhones. Ipsidy, meanwhile, has emerged as one of the key software players in the area of face-based authentication, offering multimodal biometric solutions…
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…
In business, and perhaps especially in finance, timing is important. Borrowing at low rates, selling at high valuations, fundraising ahead of a market boom – success across a range of ventures depends so much upon acting when conditions are exactly right. For FinTech players involved in biometrics, that time is now, as our Financial Biometrics…
“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…
“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,…
![[Money20/20] Jumio’s Philipp Pointner On the Big ZoOm News](https://16sp2o45qs973i2kpolavg37-wpengine.netdna-ssl.com/assets/IMG_2940-620x350.jpg)
As the appetite for selfie-based authentication solutions has intensified over the last couple of years, Jumio has established itself as a clear winner among solutions providers, racking up accolades and some really impressive sales numbers thanks to its Netverify solution. A range of organizations, particular in the financial services industry, have enthusiastically embraced the system,…
![[Money20/20] Jumio Embraces FaceTec’s ZoOm to Enhance Netverify Anti-Spoofing](https://16sp2o45qs973i2kpolavg37-wpengine.netdna-ssl.com/assets/face-tec-zoom-3d-pr.jpg)
A major new industry partnership is combining a leader of the booming selfie authentication trend with one of the biometrics industry’s most effective anti-spoofing technologies. The Jumio–FaceTec alliance was announced at this week’s Money20/20 event in Las Vegas, with the companies revealing that Jumio has integrated FaceTec’s ZoOm 3D Face Liveness Detection system into its…
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…