Biometric onboarding expands with Trulioo and nextAuth partnerships

Digital banking service provider Credit Sesame announced a new partnership with Trulioo to deploy its GlobalGateway identity verification with facial recognition.

Credit Sesame introduced Sesame Cash, its digital bank account that allows consumers to manage their cash and credit together last March.

Since then, the company said onboarding volumes have been substantial, with more than 200,000 new users registered in the first month.

“The way people bank has changed considerably in 2020, and as a result, there’s been an unprecedented volume of new customers turning to innovation-led digital financial services,” said Trulioo CEO Steve Munford.

The new partnership will now enable Credit Sesame to enhance privacy for its customers via Trulioo’s GlobalGateway biometric identification platform.

“We’re delighted to work with Credit Sesame as it scales its operations, ensuring that these new customers are protected against fraud and identity theft, while also enjoying a world-class digital experience based on speed and trust,” Munford added.

Trulioo has been growing steadily over the past year, making it onto Canada’s 100 fastest-growing companies list, as well as the CB Insights Fintech 250 List.

Trustbuilder and nextAuth collaborate on mobile authentication

Another new partnership involving biometric authentication has been established between Trustbuilder and nextAuth.

TrustBuilder focuses on offering secure digital ecosystems for their users via integrations with identity providers and third-party service providers.

The new collaboration will now see TrustBuilder embedding the nextAuth software into its upcoming TrustBuilder.io release to provide OEMs with more secure and agile authentication, including with the native biometric capabilities of customers’ mobile devices.

“Consumers require convenient yet safe access to their bank accounts or to online commerce sites,” said TrustBuilder CEO Frank Hamerlinck. “They don’t want to be bothered with using different passwords.”

TrustBuilder’s customers will now be able to take advantage of nextAuth’s mobile authentication features including Multi-Factor-Authentication (MFA) and e-Signing capabilities.

“Combining nextAuth with the TrustBuilder Suite allows our financial services and other customers to offer convenient access to their services, growing their customer base, increasing customer loyalty and tapping into new revenue sources”, Hamerlinck added.

The first version of TrustBuilder.io with the embedded nextAuth software is already being trialled by a number of selected customers, according to the announcement.

Article Topics

banking  |  biometric identification  |  biometrics  |  digital identity  |  facial recognition  |  nextAuth  |  onboarding  |  privacy  |  remote authentication  |  Trulioo