FB pixel

Mode deploys selfie biometrics and ID document checking from Onfido for top compliance and user experience

 

onfido-app-mobile-identity-verification

Onfido has been selected by Mode, a fintech app that allows users to trade bitcoin, to provide automated identity verification with document analysis and facial biometrics to ensure full compliance with KYC requirements and a seamless user experience for European citizens using the service, the company announced.

Mode is leveraging Onfido’s AI-enabled identity verification technology during onboarding and ‘Know Your Customer’ (KYC) process to enable customers to verify their identity just by taking a selfie and a photo of their government ID. The method confirms owner identity and physical presence.

The two companies have also been working on automating the address verification process to optimize onboarding procedures and ensure a frictionless user experience.

“Creating a seamless user experience has been critical in the makeup of our mobile application,” said Janis Legler, Head of Product and Partnerships at Mode. “We are proud to work with Onfido, who closely align with our values and ambitions in this evolving space. Since inception, Onfido has been a true pioneer in the ‘RegTech’ field, bringing credibility to the industry as a whole through its best-in-class AI-driven approach. We are thrilled to be able to show the world how we have integrated this solution and how it provides a unique user experience.”

“We are excited to be supporting Mode’s aim to build a truly secure and efficient digital banking app,” said Husayn Kassai, CEO and co-founder at Onfido. “We bring trust to digital interactions worldwide, securely verifying a user identity at the onboarding and ongoing management of that identity. Service providers shouldn’t have to compromise on user experience or security, and we’re thrilled to be working with Mode who demand both as they build a next-generation financial ecosystem.”

In January, Onfido announced completing the Service Organisation 2 (SOC 2), Type 2 certification which confirms the company’s commitment to protect customer data and privacy. The company has also partnered with the World Economic Forum to work together on developing a passwordless future.

Article Topics

 |   |   |   |   |   |   |   | 

Latest Biometrics News

 

Ryanair accused of GDPR violations with biometric passenger verification

Travel policy advocacy group eu travel tech has lodged a formal complaint with the French and Belgian Data Protection Authorities…

 

Police in US cities that ban facial recognition asking others to do it for them

A major report in the Washington Post has found that law enforcement officers in U.S. several cities where facial recognition…

 

European Union Digital Identity Regulation takes effect

The European Union Digital Identity (EUDI) Regulation entered into force on Monday meaning that Member States will be required to…

 

Real-world insight into building impactful digital ID programs at ID4Africa Day 2

Executives of digital ID and biometrics companies took the front seat on Day 2 of the ID4Africa annual general meeting…

 

Koodoo, Verto among businesses using Resistant AI’s document forensics

Resistant AI, a Prague-headquartered firm that offers AI-powered KYC monitoring and identity forensics, has scored a couple of new contracts…

 

Abuja biometric smart card program to facilitate smart city digital transformation

The CEO of the Havel Corporate Concept, an affiliate of Nigerian hardware and data protection firm ioSafe Nigeria, says July…

Comments

Leave a Reply

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

Most Read This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events