Lithuania
iDenfy
Lithuania-based leading identity verification company iDenfy offers an all-in-one identity verification, fraud prevention, and compliance platform for financial, gambling, and other industries. The platform combines AI-based biometric recognition and manual human checks to help businesses stop fraud, comply with AML /KYC regulations and reduce onboarding costs.
iDenfy Biometrics News
FaceTec selfie biometrics integrated for enterprises by Veritran as market stays hot
A series of partnerships and customer wins for selfie biometrics and identity verification tools for customer compliance have been announced…
| Apr 14, 2021 | Stakeholders split on digital ID benefits as selfie biometrics deployed for financial crime preventionMost stakeholders see digital ID as a potentially helpful innovation for fighting financial crime, but they are split on whether… |
| Mar 24, 2021 | Biometrics from Acuant, AU10TIX, Veriff, iDenfy, FaceTec to secure banking, payments, and dating appsSeveral biometrics providers have signed up new customers for remote onboarding and security technologies, with Acuant and AU10TIX partnering with… |
| Mar 8, 2021 | Face biometrics providers sign up new financial services onboarding customers and partnersFacePhi has announced it will provide its face biometrics to a global banking software integrator, while Onfido, iDenfy and Accura… |
| Feb 26, 2021 | Selfie biometrics ID check partnerships address costly onboarding security concernsA new Signicat report highlights the overall trend of financial application abandonment due to complex and lengthy onboarding coupled with… |
| Jan 21, 2021 | iDenfy adopts Manu behavioral biometrics, Sumsub and Yoti each announce partnershipsA series of partnerships to ease onboarding and transactions with biometrics and digital ID credentials have been announced by iDenfy… |
| Jan 6, 2021 | iDenfy and Smart Engines partner to make biometric ID processing environmentally friendlyiDenfy has partnered with document recognition software developer Smart Engines to make its identification processes more secure and efficient, utilizing the… |
| Nov 25, 2020 | Central European ID document and selfie biometric check providers address growing demandThe number of biometric solutions and initiatives announced by companies and governments keeps on increasing, with a particular push towards… |
| Nov 12, 2020 | Biometrics to lead identity verification market growth to $15.8B by 2025The identity verification market is forecast to more than double from $7.6 billion in 2020 to $15.8 billion in 2025,… |
| Nov 4, 2020 | Friction still plagues remote onboarding, financials turn to biometrics providers to helpOnboarding abandonment rates jumped by 23 percent from 2019 to the height of pandemic lockdowns this year, leading to nearly… |
| Oct 29, 2020 | Smartphone biometrics increasingly trusted as banks stand up remote authentication and onboardingNew research published by Entersekt suggests smartphone biometrics are the easy way forward for financial institutions adjusting to new payments… |
| Oct 13, 2020 | Mastercard rolls out Signzy’s biometric video KYC amid booming ID doc and selfie check marketID document and facial biometric checks for online services and transactions are part of a surge in the adoption of… |
| Oct 9, 2020 | Provema deploys face biometrics from iDenfy to facilitate loans and fight fraudiDenfy has been drafted to provide face biometrics for a smooth and frictionless onboarding and verification for customers obtaining loans… |
| Sep 4, 2020 | iDenfy biometric authentication secures crypto exchange, Santander Chile onboards 100k with TOC BiometricsiDenfy’s biometric facial authentication technology has been chosen by Maltese digital currency exchange platform Xcoins to secure onboarding and comply… |
| Aug 24, 2020 | iDenfy to provide remote biometric authentication for TalentClouds job candidatesUK-based TalentClouds has chosen iDenfy’s biometric facial authentication technology to improve remote onboarding and verification for job candidates, the company… |
| Aug 5, 2020 | iDenfy and Onfido each sign up fintech clients for KYC checks with facial biometricsmPay has partnered with iDenfy to utilize its biometric facial recognition, liveness detection, and ID verification technology to meet know your… |
| Jul 13, 2020 | ID document and selfie biometrics adopted by Lithuanian Bank, Canadian province, UK care home, Guatemalan ewalletBiometric facial recognition technologies for checking ID documents against selfies to onboard customers or verify their identities are being supplied… |
| Jul 6, 2020 | Veriff raises $15.5M as biometric selfie and ID check onboarding services growVeriff has raised €13.7 million (US$15.5 million) in Series A funding to accelerate its global growth and increase enterprise sales of… |
| Apr 30, 2020 | UK immunity passport proposals leverage biometric facial recognitionThe UK has published the initial round of proposals from biometrics and digital ID providers for its planned “immunity passport”… |
| Apr 22, 2020 | iDenfy adds FaceTec’s 3D biometric liveness detection to identity verification platformiDenfy has entered a partnership with FaceTec to integrate 3D biometric liveness detection with the iDenfy identity verification platform, enabling… |
