Daon to provide biometric authentication services for Visa platform

Daon has been selected by Visa to provide biometric services for the credit issuer’s Visa ID Intelligence platform. The platform allows financial institutions, developers and commerce partners to access authentication technologies, giving consumers secure, seamless and convenient methods to shop, pay and bank on their mobile devices. Visa’s new streamlined experience allows users to receive near-instant card account application and approvals, as well as secure payments. “Daon is proud to partner with a technology innovator like Visa,” said Tom Grissen,

Kony, Daon to provide apps with biometric authentication

Kony, Inc. has partnered with Daon to help banks and financial institutions deliver highly-secure omni-channel apps through advanced biometrics authentication capabilities, including device cryptography and biometric authentication leveraging Daon’s IdentityX platform. Daon develops and deploys biometric authentication and identity assurance solutions to provide greater security for businesses around the world. The company’s IdentityX platform improves businesses’ authentication process by delivering the highest level of security with multi-factor authentication, which improves the overall customer experience. “Eliminating the complexity of creating secure,

Eyeprint ID integrated into Daon’s IdentityX authentication platform

EyeVerify‘s Eyeprint ID technology will be integrated into Daon’s IdentityX authentication platform, allowing for the first time eye recognition capability to be included in the IdentityX platform. “Collaboration with leading providers of best-of-breed authentication technologies as part of our IdentityX authentication platform is a win-win. Our partners win through fast access to our large global customer base, our customers win by having rapid access to innovative technologies and we win as the IdentityX platform grows as a thriving and innovative

Daon integrates IdentityX authentication platform with Experian’s fraud and ID solution

Daon has partnered with Experian to offer its IdentityX authentication platform with CrossCore, Experian’s fraud and identity solution. IdentityX combats fraud and help protect consumers, while CrossCore manages risk by allowing partners to integrate with the platform to offer value-added services alongside existing Experian fraud and identity solutions. Through its integration with IdentityX, Experian provides CrossCore users with access to multi-factor authentication using biometrics. Using Daon’s IdentityX authentication platform, companies are able to add biometrics for application access and transaction

Sumitomo Mitsui to develop multi-factor biometrics identification solutions

Sumitomo Mitsui Financial Group will develop multi-factor biometric identification solution to enable customers to make secure online payments for the company’s new fintech venture, according to a report by Nikkei Asian Review. The move comes a few months after Sumitomo Mitsui Financial Group Inc. (SMFG) first announced it was partnering with a major Japanese IT firm and an Irish company to form a new biometric authentication services company. The bank will own a majority stake in the new 20-person fintech

Digital bank EON selects Daon’s IdentityX platform for biometric authentication

Daon revealed today that Union Bank of the Philippines’ digital banking platform EON selected its IdentityX platform to improve security and the customer experience. IdentityX enables EON customers to log in to the EON mobile app using biometrics. “We chose to partner with Daon after extensive research in this space because they demonstrated a deep knowledge of biometrics,” explained Paolo Baltao, EON’s head advocate. “Daon is a global leader in large-scale authentication deployments with many live production systems in the

Gulf Bank acknowledged for its biometrics-secured mobile banking app

Kuwait’s Gulf Bank has picked up two regional World Finance Digital Banking Awards for Best Mobile Banking App and Best Digital Bank. These awards highlight those banks and organizations that have altered their strategies and perfected the balance between technology, finance and customer service. The latest issue of World Finance has more information about all the winners of its 2016 Digital Banking Awards. Last May, Daon revealed that Gulf Bank selected its IdentityX platform to provide biometric authentication within the

BNP Paribas Wealth Management adds Daon-based biometric authentication product

Financial institution BNP Paribas Wealth Management has introduced a new service which enables customers to log into their accounts and perform transactions using biometric authentication, according to a report by Banking Technology. Using biometric authentication technology supplied by Daon, myBioPass enables customers to log into their accounts and perform various transactions. Clients can log into myWealth and Web Banking on their tablet by taking a “selfie” and using their smartphone as a key. In addition, clients can validate transactions through

South Korean firm releases mobile facial identification service

The Korea Trade Network (KTNET) has released a new mobile multi-factor biometric authentication service solution, providing mobile app developers and other companies with a way to implement a simplified, cost-effective face identification system, according to a report by Korea Herald. The identification service solution, BioCA, was jointly developed by the Korea International Trade Association subsidiary in partnership with Daon and the Korea Smart Authentication Corp. BioCA uses a smartphone’s front-facing camera to recognize and identify an individual’s face, then transfers

Equiniti launches Daon-based mobile biometric authentication service

Equiniti Group PLC has partnered with Daon Inc. to launch Prequel, a mobile biometric authentication and identity lifecycle solution. By partnering with Daon, Equiniti has developed one of the only end-to-end digital onboarding services in the UK that is convenient, secure, and easy to use, Equiniti said in a press release. Using Daon’s IdentityX Platform, Prequel mobile app is able to facilitate multi-factor, multimodal mobile biometric authentication for the financial services industry. The mobile app also includes key identification and