FB pixel

€2.8M funding for startup Mobai’s biometric data protection project

€2.8M funding for startup Mobai’s biometric data protection project

Enhanced face biometrics, presentation attack detection, face quality assessment and biometric template protection in the Scandinavian banking sector are the aims behind the awarding of €2.8 million (US$3.2 million) to start up Mobai, a spin-off of NTNU university.

Vipps BankID, Sparebank1 Østlandet, and KU Leuven and NTNU universities are working in partnership with Mobai to improve the quality of facial biometric verification for services subject to the EU’s eIDAS and AML regulation. The joint project has been called SALT (deep breath: Secure privacy-preserving Authentication using faciaL biometrics to proTect your identity). The funding appears to come from the Norwegian Research Council.

The R&D project is expected to open the market for new uses of biometric data in online applications where high levels of trust are required. The consortium’s banking partners will work on integration while the universities concentrate on the technical and legal issues.

“We want to move face recognition beyond comparing a photo you store on a device with a selfie,” says Brage Strand, CEO of Mobai.

“Our vision is a seamless process of bringing the root-of-trust that we find in ePassports into a digital domain, and at the same time implement privacy-preserving technology to ensure protection of individual personal data and compliance to GDPR.”

Norway’s BankID by Vipps is extremely successful in Scandinavia (possibly too successful) and used on a daily basis, in Norway by 4.3 million people.

“We see face recognition as a very promising and effective way to add an extra layer of security that will help combat identity theft, fraud and money laundering,” said Dag Arne Hoberg, EVP for Innovation and Business Development in SpareBank 1 Østlandet, Norway’s fourth largest savings bank.

“Imagine a situation where you may actually sign a mortgage electronically and use a ‘selfie’ as part of this process to confirm that you are the right person to sign.”

Mobai recently added two new executives to strengthen the team for commercial growth and international expansion.

Article Topics

 |   |   |   |   |   |   |   |   |   |   |   |   | 

Latest Biometrics News


Mastercard aims to deliver digital identity, access for 100M in Africa

Mastercard is doubling down on spreading its Community Pass, a digital platform that holds a digital ID and wallet in…


DPI critical to effective digital transformation in government

Robert Opp, chief digital officer of UNDP emphasizes the importance of viewing DPI as the digital equivalent of physical infrastructure,…


Age verification comes to social media as age of unregulated use nears an end

If trends continue, social media is set to follow in the path of cigarettes: an activity benefitting early from lax…


AI can save UK govt £40B annually, revolutionize public services: Blair Institute

AI will soon be used to pre-check applications for correct information, triage cases by calculating complexity and routing them appropriately,…


Papua New Guinea completes national data protection and governance policy

The Ministry of Information and Communications Technology has announced the completion of the national data protection and governance policy, marking…


Interpol issues call for biometrics firm to provide mobile data collection devices

Interpol has issued a tender for mobile ​​biometric collection (MBC) devices for collecting fingerprints and facial images. Specifically, the project…


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