FacePhi wins contract with Banco Macro in Argentina

Banco Macro in Argentina has selected the FacePhi digital onboarding solution to verify documents and the user’s identity, and to enable opening a new account on the bank’s mobile and online system without going to a branch. This is FacePhi’s 22nd contract.

FacePhi and Compusistem, its technology partner in Argentina, have worked directly with Banco Macro during the negotiation and implementation process of the technology.

Earlier this year the Spanish facial recognition firm reported a 307 percent jump to a net profit of 457,205 euros for 2017.

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