SmartCard Marketing Systems, RealAML launch biometric facial recognition tech for remote identity checks
SmartCard Marketing Systems has released a biometric facial recognition system to pre-screen and qualify users for online meetings and onsite visits as demand for smart and contactless solutions is growing due to the pandemic, the company announced.
Phaces.io pre-screens users to allow access in online webinars held on Zoom, Google Hangouts, Skype and other platforms. It can operate as a stand-alone system, but it can also be combined with Granularchain Digital ID Key to improve the eKYC process.
Granularchain is a permission-based blockchain solution that creates automated digital ID keys. It improves eKYC through a do-it-yourself video onboarding system, and can be efficiently used by banks, financial institutions, telecoms and other organizations to onboard merchants, agents and customers.
Enterprises that need an API for solution integration or to enable event or data access can also leverage Phaces.io.
“We are very excited with the opportunity to collaborate and deploy our technology portfolio through the industry verticals and the flexibility these applications offer combined with the Teleconferencing segment,” said in a prepared statement Massimo Barone, CEO. “With the recent launch of the Tele-Medicine platform, Doctor-Vid, new opportunities in the Medical sector have opened additional opportunities to cater the channel with our Payment Applications and Digital Workforce solutions.”
RealAML develops first New Zealand made facial recognition tool
“Buying New Zealand-made usually means paying more for it, however, that’s not the case with FaceMatch. Now New Zealand businesses have the option to use a high-tech identity tool that’s not only locally built, but affordable,” said in a statement RealAML CEO Jordan McCown.
“Post lockdown we continue to see increased demand for our web-based tools. Month-on-month between May and June we’ve seen a 311 percent increase in remote identity checks. We believe this trend will become the status quo as remote identification means doing business faster.”
RealAML has a comprehensive AML and identity tool portfolio which includes QuickID, PEPCheck, and OutSourced AML.
With FaceMatch, the identity process takes less than 60 seconds. A business will use the web-based platform to send a text message to their client. The client clicks on the link in the message to give consent, selects an ID document and takes a photo of it. Identity data is then collected for an electronic identity check verification through QuickID. After identifying the client, two liveliness photos are taken and analyzed against the photo in the ID. FaceMatch analyzes the position of the eyes, pupils, nose, mouth and jawline, and creates location anchors to compare with liveliness photos. If successful, it receives a confidence value ranging from 80 percent to 100 percent.
FaceMatch is compatible with clients not only in New Zealand, but also in 13 other countries such as Australia, the UK, the US, Canada, and China.
RealAML was launched in March 2019 and is used by more than 500 companies in New Zealand. FaceMatch was launched in July 2020 and identified over 4,000 people in 10 days. A few weeks ago, RealAML was certified New Zealand Made.