Passbase has launched a new biometric authentication solution to help organizations that are trying to update their digital security practices during the COVID-19 pandemic. The company’s web-based platform utilizes facial recognition with 3D liveness detection to compare an image of a customer to the image on an official government ID. In that regard, the technology…
OneFamily has announced that Child Trust Fund beneficiaries will be able to use the Yoti app to prove their identity when claiming their accounts. The trust funds in question were introduced as part of a 2005 UK initiative to encourage families to save money for their children, which created a trust fund for every child…
Jumio is hoping to extend its reach in the gaming industry through a new partnership Playtech. Playtech is a leading provider of gaming technology that works with companies throughout the gaming world, from live casinos to virtual sports and poker. Jumio will specifically be joining Playtech’s Software-as-a-Service (SAAS) programme, which gives Playtech customers access to…
FacePhi has been able to maintain all of its primary business operations in the midst of the COVID-19 pandemic. The facial recognition specialist has been able to advance all of its business and R&D initiatives, including the implementation of biometric authentication technology at the Kangbuk Samsung Hospital in Seoul, South Korea. The Kangbuk deployment came about…
SecureKey and Onfido have joined forces in an effort to provide customers with a more comprehensive identity verification on solution. The joint offering will blend SecureKey’s real-time authentication tech with Onfido’s document and facial recognition. Onfido’s platform uses facial biometrics to compare a selfie to the photo on an official government ID document. Doing so…
Another online gaming platform has adopted AU10TIX’s identity verification solution. The iGaming company Aspire Global will deploy AU10TIX’s technology to onboard new customers and provide ongoing authentication. The AU10TIX platform uses document recognition to verify a customer’s photo ID, and then compares the photo on that ID to a selfie of the user. The solution…
Jumio is picking up right where it left off as it enters the new year. The company has received a 2020 BIG Innovation Award for the second year in a row, continuing to add to the massive trophy pile that it accumulated throughout 2019. The BIG Innovation Awards are handed out by the Business Intelligence…
Snap, the parent company of the popular iOS and Android social media app Snapchat, has announced its acquisition of video animation startup AI Factory for a reported price of $166 million. The Ukrainian AI Factory is the team behind Snapchat’s popular new Cameos selfie-based video feature, through which deepfake-like videos of the user are generated…
Jumio has picked up one more award to put on its increasingly crowded mantle. The company’s identity verification platform has been named the Fraud & Compliance Solution of the Year at the 2019 SBC Awards. The accolade wraps up a stellar 2019 awards campaign that began with a BIG Innovation Award in February and continued…
“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…
“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…
“VerifyID is a selfie-based verification platform that matches a job applicant’s selfie against a government ID like a driver’s license.” 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…
“The integration will drastically speed up the onboarding process for mobile banking, which can ordinarily take up to two weeks with a digital account.” Bahrain’s Bank ABC is rolling out a new mobile-only banking service, and is asking Jumio to help make it happen. Specifically, the bank will be integrating Jumio’s Identity Verification platform, which…
Jumio has a new chief executive. Robert Prigge, who previously served as the company’s Chief Revenue Officer, has been promoted to the role of President. In a statement announcing the change, Jumio’s Board of Directors highlighted Prigge’s “track record of success” as the company’s CRO, as well as his previous experience in high-level positions with…
“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,…
“Now, thanks to the partnership with ID R&D, the system can identify customers using voice recognition or selfie-based facial recognition, with behavioral biometrics adding an extra layer of anti-fraud security.” Biometric technology from ID R&D has been integrated into a unique communications platform from Ten Digit Communications. Called “TDC Bridge”, the platform is designed to…
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…
