FB pixel

Banco Nación credit subsidiary Garantizar to deploy FacePhi biometric technology

 

FacePhi announced today that Garantizar, a credit subsidiary of Argentina’s Banco Nación, will deploy SelphID biometric technology to enable secure mobile and web access to the financial institution’s product portfolio with just a selfie.

FacePhi will develop this application in collaboration with Compusistem, an Argentinian company with more than 30 years of experience in software and technology solutions.

This marks the seventh agreement FacePhi has signed with Argentinian companies since it announced a deal with ICBC Argentina in July 2017.

“The new agreement with Garantizar .. allows us to consolidate in a very competitive market,” commented FacePhi CEO Javier Mirawe. “We strengthen our position in Argentina within the technology security sector for access to banking and financial services.”

According to a company statement, FacePhi solutions can be applied to all operating system, in multiple devices and can be integrated in a bank’s services within 40 days. The Spanish biometrics firm notes that its systems registers success rates of 99.998%. FacePhi works with more than 25 different financial entities worldwide, providing its service to more than 6 million users and performing 500 million authentications.

Article Topics

 |   |   |   | 

Latest Biometrics News

 

Alexa, sue Amazon: tech giant faces class action over voice recordings

Users of Amazon’s Alexa are clear to pursue a class action over allegedly illegal recordings of private conversations. In Seattle,…

 

Epic Games provides Yoti facial age estimation to Bluesky for UK users

Social media platform Bluesky has selected Epic Games’ software, including biometrics-based age estimation from Yoti, to ensure its compliance with…

 

RealSense targets robotics, 3D facial recognition security with $50M in hand

RealSense has cut the cord tying it to Intel Corp, where the 3D camera company was born, with $50 million…

 

Will Congress reaffirm US cyber threat sharing framework before it’s too late?

As the September 30 expiration date for the Cybersecurity Information Sharing Act of 2015 (CISA 2015) rapidly approaches, Congress faces…

 

World pauses German operations for Orb update amid regulatory faceoff

World is facing a potential cease-and-desist order in the Philippines, and has put its iris scanning stations on hold in…

 

QR-based digital ID drives transformation in Khyber Pakhtunkhwa

The Khyber Pakhtunkhwa province of Pakistan is taking broader moves toward digital transformation with the launch of the Khyber Pass…

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Biometric Market Analysis

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events