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…
“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…
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…
“Using a smartphone, an end user simply takes a selfie as well as images of their official identity document, and then RightID will confirm that the face in the selfie matches the pictured ID.” Another selfie-driven authentication solution has hit the market, this time aimed at property managers and employers. Dubbed “RightID”, the new app…
Sterling is putting together a new Sterling Identity division to provide customers with better background checks and identity verification services. Sterling Identity is primarily geared towards other businesses, offering solutions that will reduce the prevalence of fraud and identity theft at the corporate level. To that end, VerifyID will be the first product to launch…
![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…
A new partnership should help to further extend Ipsidy‘s reach in the Latin American market. The biometric authentication specialist’s latest partner is Mobile Solutions Peru, a GPS solutions provider for the trucking industry. The company is going to offer Ipsidy’s major identity solutions – Access, Verified, Proof, and Transact – to its client network, which…
“The new partnership marks FacePhi’s first foray into the Uruguayan market, though this isn’t the first time it has worked with the global bank.” FacePhi‘s upwards trajectory continues, with HSBC Uruguay becoming the latest financial services firm to embrace its selfie-based biometric authentication technology. The new partnership marks FacePhi’s first foray into the Uruguayan market,…
Juniper Research is predicting the rise of software-based biometric authentication in a new report. Entitled “Mobile Payment Security: Biometric Authentication & Tokenisation 2018-2023,” the forecast predicts that end users of such systems will rise from about 429 million this year to 1.5 billion in 2023. The prediction essentially points to the rise of facial recognition.…
“…FacePhi has emerged as a leader in the Latin American market in particular, reporting a 307 percent year-over-year profit increase in its corporate update at the start of this year.” A new distribution partner should help to further extend FacePhi‘s reach in the Latin American market. The company has teamed up with Bantotal, a Uruguay-based…
“We believe in empowering individuals to create secure transactions and found that Acuant has the same mission with products to enable trust while keeping processes streamlined.” – Ryan Harris, CEO, Noodigs An innovative new Acuant client is taking advantage of its AssureID identity verification platform. Called Noodigs, the client is aiming to launch a digital…
A big new partnership is poised to lock truck drivers in Latin America into a mobile payments network secured with biometric authentication. Ipsidy, the provider of a recently launched mobile facial recognition app, has teamed up with Skypatrol, the provider of a GPS-based truck fleet management solution that supports over a million vehicles across Latin…