• 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

Panama Partnership Extends Selfie Biometrics Specialist’s Reach in Latin America

June 7, 2019

“The partnership revolves around SelphID, FacePhi’s selfie-driven authentication solution.”

Panama Partnership Extends Selfie Biometrics Specialist's Reach in Latin America
Salvador Martí, Executive President,FacePhi (left), and Javier Mira, CEO, FacePhi.

FacePhi has further expanded its reach in the Latin American market through a new contract with Banco General de Panamá, which will take advantage of its biometric facial recognition technology for customer onboarding. The agreement marks FacePhi’s first entry into the Panama market.

The partnership revolves around SelphID, FacePhi’s selfie-driven authentication solution. SelphID technology will be incorporated into a Banco General de Panamá mobile app for iOS and Android that will allow customers to open accounts by having their identities confirmed using facial recognition.

While FacePhi has just announced the opening of a new APAC-focused office in South Korea, Latin America remains a key market area, with the company having acquired a number of partners and clients in the region. Commenting in a statement, FacePhi CEO Javier Mira called Latin America one of the company’s “main business hubs, where we enjoy a strong implementation of our technology that we hope to increase with new contracts.

“Having the support of an important and representative bank as Banco General is a fundamental step in our corporate expansion,” he said.

In total, FacePhi says it now has a customer portfolio of over 30 financial institutions, and that its biometric technology is now being used to authenticate over six million end users.

Filed Under: Industry News Tagged With: Banco General de Panama, Biometric, biometric onboarding, biometrics, customer onboarding, face biometrics, FacePhi, facial recognition, FinTech, selfie authentication, SelphID

Related News & Articles

Samsung Pay Makes No-Frills Debut on Gear S2

Morpho Offers Help as Banks Grapple with Payments Disruption

Yubico Releases New YubiKey with USB-C and NFC Capabilities

Primary Sidebar

Register For the Next Virtual Identity Summit

Register now!

Tweets

Sponsored Links

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

  • FPC’s Optical In-display Sensor Gets First Design Win
  • FCC Tells Apple and Google to Get Rid of TikTok
  • Yubico Offers Subscriptions Through AWS Marketplace
  • Saskatchewan Privacy Commissioner Urges Development of Optional Digital ID
  • Wearable Authentication Company Closes $13 Million Funding Round

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 © 2022 MobileIDWorld