February 13, 2017 -
Worldcore has selected BioID’s facial recognition technology for user authentication, giving clients of the global payment platform a choice of two biometric access options.
The first option is FaceKey, which can easily be enabled in the settings section of any verified Worldcore account, enabling password replacement with three selfies. The second option is the previously available voice authentication called VoiceKey.
BioID is a cloud biometrics company with advanced solutions for both public and private clouds.
“Delivering a simple, intuitive experience for online financial services has always been central to our mission,” commented Worldcore CEO Alex Nasonov. “With our new FaceKey authentication, based on BioID’s advanced face recognition technology, we can extend this philosophy to user authentication.”
BioID CEO Ho Chang added, “Facial recognition represents an excellent combination of security and convenience that is ideally suited to online payments, providing the virtual-world equivalent of face-to-face transactions.”
Last November, BioID announced it was partnering with qualified trust service provider A-Trust in light of the newly implemented EU regulation on electronic identification and trust services for electronic transactions in the internal market (eIDAS).