“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,…
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…
Ipsidy is looking to solidify its foothold in Latin America through a new partnership with AS•NET, a Colombian company that provides transaction solutions for retail outlets, financial institutions, and other organizations in the region. AS•NET will be integrating Ipsidy’s Proof and Verified identity verification services into its own platform, and will also be offering both…
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 carsharing company HyreCar is launching a new mobile onboarding app for iOS and Android devices. The platform is built using Mitek identity verification technology and is designed to streamline the car rental and application process. “We’re committed to providing both trust and convenience with each digital transaction and are thrilled to be supporting HyreCar…
Money and security have always gone hand-in-hand — the more you have of the former, the more you need the latter. That’s part of the reason that biometrics has become such a hot topic in the world of financial technology in recent years. As financial services increasingly go digital, and money goes virtual, there’s a…
Volopa has become the latest FinTech company to take advantage of Onfido‘s biometric and document reading technology for customer onboarding. Based in London, Volopa is the operator of multiple white label prepaid card programs in the European Economic Area, and also offers money transfer services through its platform. As such, it’s very much in line…