Of all the biometric modalities, facial recognition has become one of the most widely used and discussed in recent years. That’s why November is Face Biometrics Month at FindBiometrics, in which we’ll be delivering in-depth articles and other special features dedicated to this technology. It’s a broad category though, with facial recognition deployed across a…
“FacePhi has indicated that Banesco Panamá will integrate [SelphID] technology into its mobile app and desktop site, allowing customers to open new accounts from the comfort of their personal devices.” FacePhi has solidified its position in the Panama market and in the Latin American region more broadly through a new contract with Banesco Panamá. The…
Coinciding with the biggest conference event in the financial services industry – Money20/20 USA – October was Financial Biometrics Month at FindBiometrics. Financial services has become one of the most important verticals for biometric technology in recent years, and given the dynamism of this sector, it’s worth taking a close look at recent, ongoing, and…
Biometrics News – Facial Recognition Jumio is once again preparing to add a new product to its award-winning identity verification portfolio. The company has announced the beta release of Jumio Go, a fully automated customer onboarding platform that will allow organizations to register new users without the need for a human review during the enrollment…
Biometrics News – Facial Recognition Ipsidy is bringing its portfolio of mobile biometric identity solutions to the latest iOS and Android devices. The company has announced that its applications now support both Android and iOS 13, with NFC capabilities to streamline data collection and authentication. Ipsidy’s product line currently includes its flagship Proof identity solution,…
Biometric selfie-based authentication has emerged in recent years as one of the most buzzy trends in FinTech, and as one of its most prominent pioneers, FacePhi has been riding the crest of that wave. The company made a name for itself with its Selphi authentication solution, which has caught on among a number of banks,…
Onfido has become the latest member of the Dwolla Partner Ecosystem. The two companies have teamed up to offer Onfido’s selfie-based identity verification services to Dwolla customers, who will be able to deploy the technology for secure onboarding and authentication. Dwolla is an Iowa-based money movement specialist that helps other companies connect to the Automated…
Onfido’s document analysts have put together the company’s inaugural Global Fraud Index, which estimates that online identity fraud costs the economy a whopping $5 trillion every single year. Only one percent of that $5 trillion is ever recovered by authorities, making identity fraud one of the most pressing issues facing the financial industry. “Identity theft…
The rise of the smartphone has been transformative in a number of profound ways. Just as pedestrians in the early 20th century couldn’t have imagined the preponderance of cars that would soon clog their streets, in the 21st century we’ve moved from landlines and answering machines to a smartphone in every pocket (not to mention…
Thales Group Chairman and CEO Patrice Caine has given readers a glimpse of the future in a recent LinkedIn blog post, walking them through an average plane trip in 2030. In doing so, he highlights the growing significance of biometric boarding, which allows passengers to check in and board the plane with only a facial…
“The integration of FaceTec’s ZoOm, shown to be the most secure biometric authentication method available, provides a solid foundation of trust for the rest of our solution.” – Matthew Heuman, CEO, Neuvote Having developed one of the most sophisticated mobile biometric authentication solutions in play, FaceTec is now taking a big step into the world…
Yoti is looking to cut down on phishing fraud through a new partnership with Galaxkey. Galaxkey is a data protection platform that allows users to send encrypted emails that meet the highest government and banking standards. Partnering with Yoti will allow Galaxkey to provide an even greater level of trust. When sending an email, Galaxkey…
Another digital service is making use of Yoti’s secure identity verification technology. Student Nannies is a site that connects students looking for extra work to working parents looking for affordable childcare. The site allows the students to sign up for free and set their rates and availability, and allows busy parents to select a babysitter…
Biometrics News – Facial Recognition Ipsidy is bringing its Proof Identity as a Service (IDaaS) solution to Peru. The Proof platform arrives in the country through a partnership with RENIEC, Peru’s National ID Registry. As the ID Registry, RENIEC handles the distribution of all national identities, including the country’s electronic ID cards. The Proof app…
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…
Biometrics News – Facial Recognition French authorities are preparing to launch a biometric national ID app for access to online government services. The app is called “Alicem”, an acronym for “certified online authentication on mobile”. Like a number of increasingly popular mobile authentication systems in the financial services sector, the app revolves around selfie biometrics:…
“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…