• 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

US Sales of Onfido Digital Onboarding Tech Skyrocket

July 10, 2020

Onfido is celebrating strong results in its latest quarterly report. The company’s global sales are up 40 percent compared to the same quarter last year. Much of that growth came from the United States, where year-over-year sales are up an astronomical 264 percent.

US Sales of Onfido Digital Onboarding Tech Skyrocket

According to Onfido, much of that growth can be attributed to COVID-19. Remote work and social distancing requirements motivated many organizations to move forward with digital transformations, which in turn highlighted the particular need for secure mobile onboarding technology. Onfido helped fulfill that demand, with 69 percent of its sales coming from new customers in the first half of 2020.

“It’s been another breakout quarter for Onfido as we see the US market taking off,” said Onfido Co-Founder and CEO Husayn Kassai. “Companies realize the time to enable their digital services is now, making it imperative they can remotely identify and authenticate users safely and securely and in a way that doesn’t restrict their ability to scale or impede user experience.”

Onfido’s most recent quarter ended on June 30. The company’s roster of new clients includes WorldRemit, Okta, and Scrive, all of which will be utilizing Onfido’s selfie-based authentication solution during their onboarding process for new customers. Onfido also secured $100 million in its latest round of funding, and offered six-month free trials to nonprofit organizations during the COVID-19 pandemic.

–

(Originally posted on FindBiometrics)

Filed Under: Industry News Tagged With: Biometric, biometric onboarding, biometrics, COVID-19, Onfido, Q2 2020, Q2 reports, quarterly reports, quarterly updates, selfie authentication, selfie onboarding

Related News & Articles

Jumio Hosts Mustache Authentication Contest to Raise Money for Movember

Signicat Adds Single Sign-In Capabilities Through Yes Integration

Apple Files Patent to Protect Privacy by Tracking User’s Gaze

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

  • HID Attains Anti-Spoofing Milestone With Lumidigm Fingerprint Biometrics
  • The Path to Biometric Universal Basic Income: Worldcoin Raises $115M in Series C Funding
  • Kenyan Officials Detail Ambitious Digital ID Plan
  • IDEMIA Brings Mobile ID to Missouri
  • Selfie-based Age Verification Emerges as Important New Digital Identity Market

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