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AimBrain adds biometric authentication clients and announces community engagement

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AimBrain has added Babb and Shieldpay as clients of its biometric authentication technology, and is reporting that its self-service biometric API dashboard AimBrain On Demand is on pace to reach 100 new applications before the end of calendar 2018. The company also announced several contributions to educational efforts within the artificial intelligence and payment technology communities.

Babb provides a blockchain-based banking app for peer-to-peer payments, along with its own cryptocurrency, to support financial inclusion. Shieldpay enables the creation of an instant digital escrow facility and verifies the identity of both sides in a transaction to protect individuals and businesses. They join other recent additions to AimBrain’s client base, which include a neo bank and a wealth management company, according to a company announcement. AimBrain also recently joined ForgeRock’s Trust Network.

“We are truly delighted to welcome on board so many new clients and partners so far this year, and this is just the tip of the iceberg,” said CEO Andrius Sutas. “Since we launched AimBrain On Demand, our self-service biometric API dashboard, in the summer, we have facilitated the integration of biometric authentication into nearly 100 new applications. Developer teams are taking advantage of the free monthly 1,000 API calls to test the biometric integration and go straight to production in an autonomous environment, and we’ve recently extended the free calls to include AimFace//LipSync, our first-to-market combined facial, audio and lip movement biometric authentication module launched in April.”

AimBrain’s Head of Machine Learning Stathis Vafeias, PhD, and several of the company’s other engineers presented research on ‘Learning Conditioned Graph Structures for Interpretable Visual Question Answering’ at the Neural Information Processing Systems (NeurIPS) 2018 conference. The company will also produce a whitepaper on financial crime in collaboration with the Emerging Payments Association, and CTO Alesis Novik is participating in The Law Society’s Public Policy Commission on Algorithms in the Justice System.

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