SSI firm selects Acuant for biometric identity verification and compliance
Acuant has announced that self-sovereign identity (SSI) solutions provider Northern Block will deploy its biometric Identity Proofing and Compliance technology to secure customers’ SSI and verifiable credentials.
Under the partnership, Northern Block will be able to offer biometric identity verification across all channels, as well as providing a faster and more secure process for high-value transactions.
“With Acuant, our clients can have consumers and business partners remotely self-onboard with high integrity and KYC (Know your Customer) functionality built-in,” said Northern Block CEO Mathieu Glaude.
Commenting on the collaboration, Acuant said the integration of its technology within Northern Block’s systems took roughly one week, hinting at a fast installation process.
Before selecting Acuant, Northern Block reportedly assessed multiple vendors to meet its fraud prevention and privacy expectations. The company eventually chose Acuant due to the accuracy of its biometric identity verification technology, capability of reading more than 6,000 ID types, and data privacy features.
“With Northern Block’s ability to store these verifications as Verifiable Credentials, organizations can cut friction dramatically while also reducing their risks,” Glaude explained. “It is also a great opportunity for companies in various sectors, like Fintech and Legal Services, to innovate around Privacy by Design principles.”
Both companies say they do not store users’ biometrics or other personal data, and are also members of the Digital Identification and Authentication Council of Canada (DIACC).
“It is fantastic to hear the positive feedback from our trusted partner, Northern Block, especially with how our products have provided further business growth opportunities,” Zekri concluded.
The partnership with Northern Block follows Acuant signing up Traxx Payments in December 2020, and Pryme last month for its onboarding technology.
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