Codeless selfie biometric identity verification with liveness launched by Passbase for easy integration
Passbase has launched a codeless biometric identity verification solution for companies of all sizes, which the company says is an industry first, to enable fast adoption of face recognition for online checks without taking up developer resources.
The company provides a web link to its 3D facial recognition and liveness detection biometrics service, with customers customizing the verification flow with their brand identity. Set-up takes only minutes, the company says, and users can be verified in seconds. Customers use the new Passbase dashboard to set a personal link address based on verify.passbase.com/.
“After eight months of development, we’re very proud to witness this moment,” says Mathias Klenk, CEO and co-founder of Passbase. “As digitization accelerates due to Covid-19, more companies are looking to identity verification to create an efficient symbiosis of growth and user trust. Our goal is to become the trust layer of the internet and Passbase’s team has done a stellar job in developing a service that is intuitive to use and increases the trust between companies and users online.”
Passbase refers to statistics from Javelin Research indicating 7 percent of revenue was lost by companies worldwide to fraud in 2018, and mentions the spread of fraudulent COVID-19 relief requests.
The new solution supports more than 6,000 government documents from over 190 countries, and is also introducing an optional anti money-laundering (AML) solution to provide access to more than 10,000 data sources around the world.
The company’s co-founder and COO Dave McGibbon says its customer base grew by an impressive 300 percent in the last three months. A large portion of that came from telemedicine and remote work applications. The healthcare industry is expected to see an increase in biometrics use of over 400 percent in the wake of the COVID-19 pandemic.
Passbase raised $3.6 million in seed funding in the second half of 2019.