FB pixel

Ariadnext to provide KYC checks, biometric ID verification for fintechs through new partner

Ariadnext to provide KYC checks, biometric ID verification for fintechs through new partner
 

Ariadnext has partnered with fintech infrastructure provider FintechOS to offer digital ID verification and biometric services to the latter’s clients in strategic markets.

IDnow group company Ariadnext will provide remote identity proofing, digital identity, e-signature and document security services to boost FintechOS’ know your customer standards and help its customers meet compliance requirements.

The markets targeted by the partners are in Europe, the Middle East and Africa.

FintechOS has been investing in its digital onboarding solution to provide seamless user experiences while meeting European and local regulatory requirements for KYC, AML and GDPR, according to the announcement.

“Our remote identity proofing services have proven themselves to be the first choice for some of the biggest companies across Europe, which is a testament to the levels of security and fraud assurance we continuously offer our customers,” says Ariadnext Deputy General Manager Bertrand Bouteloup. “Our innovative hybrid solution, IDCheck.io, offers a seamless and fully digital eKYC for end clients in a couple of minutes, compliant with ETSI TS 119-461. Partnering with FintechOS allows to provide turnkey services to financial institutions and banks under the ADR regulation across Europe.”

IDCheck.io offers selfie biometrics, and Ariadnext added liveness detection provided from BioID in late-2020.

“We’re delighted to expand the collaboration with Ariadnext and further create choice in our ecosystem for the solutions built on FintechOS to comply with the requirements in the European digital identity domain,” comments Todi Pruteanu, VP of Ecosystem at FintechOS. “The result is a product capability that meets today’s remote identity proofing standards while delivering an intuitive customer experience.”

Ariadnext combined with IDnow in a €50 million deal a year ago to form a pan-European biometric ID verification platform.

Article Topics

 |   |   |   |   |   |   |   |   | 

Latest Biometrics News

 

Many smartphones don’t detect face biometrics spoofs or properly warn consumers

Biometric liveness detection remains a significant “flaw” and a “vulnerability” of most Android smartphones with facial unlocking. Most are still…

 

Roblox on the hook for $12.5M in Nevada online child safety settlement

Roblox has agreed to pay $12.5 million to the State of Nevada, in part of a settlement deal that “resolves…

 

Scaling Nepal’s digital economy will require interoperable identity infrastructure

Two recent studies on Nepal’s digital transformation paint a picture of robust growth but somewhat fragile foundations. Nepal’s digital economy…

 

Precise claims 100K biometrics, cybersecurity uses per second, bright future

Precise Biometrics closed what CEO Joakim Nydemark calls “a challenging year” with a positive EBITDA and cashflow. The company netted…

 

Voice morphing attack blends identities to bypass voice biometrics: study

A new research paper explores a signal-level approach to voice morphing attacks that exposes vulnerabilities in biometric voice recognition systems….

 

In Australia, platforms skirt age laws, but the problem isn’t age assurance tech

Consider the shovel. A sturdy tool based on an ancient design, a shovel is great for uprooting things. However, if…

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Biometric Market Analysis and Buyer's Guides

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events