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…
“Based on surveys of 3,500 adults across Finland, Germany, the Netherlands, Norway, the UK, and Sweden, Signicat’s report says that over half of all consumers are willing to go through an onboarding process that takes more than ten minutes.” Europeans have a lot of patience for financial services firms’ online onboarding processes, but not as…
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…
Spain-based biometric authentication specialist FacePhi has received some significant financial backing from Nice & Green, a Swiss investment firm that offers investment capital to small and medium-sized listed companies. The latter has committed to delivering capital valued at 4 million euros through September of 2020. The backing will come in the form of warrants valued…
“As a verified ForgeRock partner, Yoti also gains access to a large pool of potential customers that will facilitate its efforts to establish itself as a leading identity platform.” Yoti is expanding its reach through a new partnership with ForgeRock. Specifically, the digital identity specialist has announced that it has developed a marketplace app for…
Lottoland is turning to IDnow to verify the identities and ages of its customers. The European online gaming platform will specifically be using IDnow’s AutoIdent solution to confirm the identities of new users during their initial registration, ensuring that everyone using the platform is legally old enough to do so. AutoIdent is a face-based authentication solution that matches the…
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…
“The partnership will see Neoris use FacePhi’s biometric technologies used in digitization projects with its clients.” A new strategic partnership could help FacePhi to further expand its reach in the financial services sector. The company has teamed up with Neoris, a Miami-based digitization consultancy with a strong focus on FinTech. The partnership will see Neoris…
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…
“Veridas is a joint venture between BBVA and Das-Nano that was launched in 2017, and has developed an algorithm that achieved a top-three score in NIST testing.” BBVA is looking to expand the scope of its biometric onboarding program. BBVA was the first Spanish bank to enable digital enrollment, which is currently available in Mexico,…
NICE Actimize has added another high-profile partner to its rapidly expanding X-Sight Marketplace, announcing that Jumio’s identity verification technology will now be listed on the platform. The X-Sight Marketplace collects a range of financial crime and risk management solutions, making it easy for financial institutions to keep up to date with the latest security innovations…
The identity verification specialist Melissa is hoping to simplify the onboarding process with a new selfie-based Know Your Customer solution. Appropriately dubbed Melissa KYC, the mobile app combines document reading with liveness detection and facial biometrics to confirm the identities of new customers during registration. “Whether verifying an address or working to prevent online fraud, the business process…
ImageWare has issued its Q2 results for 2019, with the company’s senior executive remaining upbeat in the face of lower-than-expected numbers. Revenues for the quarter ended June 30th came in at $812,000, compared to revenues of $1,885,000 in Q2 of 2018. In reporting the change, ImageWare noted that last year’s Q2 earnings reflected one-time, non-recurring…