• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

Mobile ID World

Mobile ID World

Identification Revolution

  • Mobile ID
    • What Is Mobile ID?
    • Identity Associations
    • Premier Partners
    • FAQ
  • News
  • Solutions
    • Behavioral
    • Facial Recognition
    • Fingerprint Biometrics
    • Iris Biometrics
    • Second Factor
    • Smart Cards
    • Smartphones
    • Vital
    • Voice
    • Wearable Tech
    • Other
  • Applications
    • Access Control
    • Cloud Technology
    • Commerce
    • Enterprise
    • Healthcare
    • Identification
    • Internet of Things
    • Law Enforcement
    • Strong Online Authentication
  • Exclusive
    • Interviews
    • Featured Articles
    • Podcasts
  • Companies
  • Events

b-sharpe Turns to Onfido for Secure Onboarding

November 26, 2019

b-sharpe Turns to Onfido for Secure Onboarding

The Swiss company b-sharpe has turned to Onfido for secure onboarding and identity verification. b-sharpe is an online currency exchange platform that provides individuals and businesses with transparent pricing for currency exchanges. The company has cleared 1 billion Swiss Francs in transactions for 14,000 customers, and claims to save those customers around 70 percent when compared to other currency players.

Onfido, meanwhile, is a leading provider of digital ID services. The company’s platform uses facial recognition to compare a selfie to the photo on an official government ID. The solution will allow new b-sharpe users to complete the registration process in less than ten minutes on a standard smartphone, and gain an active account in less than 24 hours.

Onfido’s platform will also allow b-sharpe to remain compliant with the latest regulatory standards.

“We needed a powerful ID validation solution to reinforce our mobile-first strategy and customer-centric digital service platform,” said b-sharpe Founder and CEO Jean-Marc Sabet. “Onfido’s AI-powered service not only speeds up our customer onboarding but provides a seamless experience that results in increased conversion rates for our business.”

Of course, b-sharpe is not the only company to adopt Onfido’s services in the past few months. Onfido has forged similar identity verification partnerships with the e-voting platform Agora and the blockchain payment platform Nuggets, and recently became more widely available as a member of the Dwolla Partner Ecosystem.

Thanks in large part to those kinds of customer relationships, Onfido enjoyed considerable year-over-year growth in the second quarter. The company is now hoping that new customers like b-sharp will allow the trend to continue throughout the rest of the 2019 fiscal year. In the meantime, Onfido has published a Global Fraud Index that estimates that the economy loses $5 trillion to fraud every single year.

–

(Originally posted on FindBiometrics)

Filed Under: Industry News Tagged With: Biometric, biometric onboarding, biometrics, currency exchanges, document reading, face biometrics, facial recognition, financial services, identity verification, Onfido, selfie authentication

Related News & Articles

Samsung Drops Payments Platform from Budget Phones

Apple, Google, and Microsoft Commit to Enabling Cross-platform FIDO Authentication

Kwikset Launches New Halo Touch Smart Lock with Fingerprint Capabilities

Primary Sidebar

Learn About Mobile ID and Aviation

Tweets

Sponsored Links

facetec logo

FaceTec’s patented, industry-leading 3D Face Authentication software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ make trusted, remote identity verification finally possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for Liveness and 3D Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi’s product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/

Recent Posts

  • Mastercard Solution Certified Under UK’s Digital ID Framework
  • Transatlantic Digital Traveler Identity Project Gets High-Profile Tech Partner
  • Digital Identity Tech Demo Online Event
  • Mobile ID Comes to Another US Campus
  • New York DMV Developing Mobile Driver’s License

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2023 MobileIDWorld