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Website: ondato.com

Ondato is a KYC related compliance management platform, allowing to on-board legal and natural entities using real-time biometric video and photo identification methods. Also, Ondato provides compliance case-management, behaviour prediction and data monitoring.

Ondato Biometrics News


EU banks struggle with KYC and AML budgets, but biometrics help applications worldwide

European banks are dedicating the majority of their AML (anti-money laundering) and KYC (know your customer) budgets to manual processes…

Oct 6, 2022

One-click KYC, digital ID solutions introduced by Yoti, Sumsub

Yoti is introducing a new one-click digital identity verification solution in collaboration with financial KYC (know-your-customer) provider Department of Trust,…

Sep 29, 2022

New solution and partnerships unveiled amid flurry of selfie biometrics and KYC activity

Romania-based Qoobiss has launched an anti-money laundering solution for businesses in the financial sector based on the company’s selfie biometric,…

Sep 1, 2022

Ondato launches virtual branch service with face biometrics for KYC

Know-your-customer (KYC) compliance management provider Ondato has launched a virtual branch service solution that enables banks to provide customers with…

Aug 25, 2022

Ondato partners for modular, biometric compliance solutions with transaction monitoring

Anti-money laundering transaction monitoring provider Hawk AI entered a new partnership with know-your-customer (KYC) compliance management platform Ondato. The new…

Aug 16, 2022

The numbers never lie?

By Liudas Kanapienis, CEO and co-founder of Ondato Startup valuations are under the spotlight right now. Massive inflows of VC…

Jul 22, 2022

Identity for finance: verification sector to reach $9.1B by 2024, new tech and hires

While economic pressures may be impacting the financial sector, the identify verifiers, KYC and AML providers serving it are forecast…

Jun 21, 2022

Why are government’s still hesitating over social media ID verification?

Liudas Kanapienis, CEO and co-founder of Ondato Controversy surrounded the inclusion in May of an Online Safety Bill in the Queen’s…

Feb 23, 2022

New tools and customers unveiled for biometric onboarding and anti-fraud applications

A number of selfe biometrics providers have each expanded their digital identity verification product and customer portfolios to improve onboarding…

Feb 2, 2022

Biometrics to lead IDV market’s $10B growth by 2026

The global market for digital identity verification technology is forecast for rapid growth, with MarketsandMarkets estimating a 16.6 percent compound…

Jan 31, 2022

Executive appointments reflect sharpening focus for biometrics providers

Biometrics providers Zwipe, Rank One Computing, Alcatraz AI, ValidSoft, Transmit Security, Ondato, and ID.me announced new hires at various executive…

Jan 18, 2022

Ondato enhances capabilities for greater KYC, AML compliance

Businesses using Ondato’s KYC compliance management solution will now find it easier to avoid falling into the trap of KYC…

Dec 3, 2021

Ondato launches ID document spoof detection tool for biometric onboarding

Compliance management platform Ondato has released a new artificial intelligence-powered forensic system to detect spoofed ID documents and prevent them…

Oct 26, 2021

Biometrics investment continues as global market forecast to surpass $84B by 2026

Ondato has extended its seed funding round by €3.6 million (approximately US$4.2 million) in the latest biometrics investment announcement, just as…

Oct 20, 2021

Equifax biometric cloud digital identity service joins online trust struggle

Equifax is joining the digital-identity-as-a-service market with a new biometric offering, and has unveiled a partnership with Bonifii to carry out…

Oct 14, 2021

Digital identity verification market set to surpass $17B by 2026, providers partner up

The number of digital identity verification checks conducted globally on an annual basis will more than triple from 1.1 billion…

Sep 21, 2021

Ondato, GBG hiring as biometric authentication businesses expand

Ondato is hiring up to 50 persons for different roles as the Lithuanian biometric authentication company is opening offices in…

Jan 4, 2021

Biometric authentication startup Ondato expands in Europe with $2M funding

Ondato, a Lithuanian biometric authentication software company, is expanding its presence across Europe in France, Germany, Spain and in the…

Jun 4, 2020

Ondato raises more than $500K with plans to bring ID doc and selfie biometrics to Poland and Germany

Ondato plans to expand its biometric KYC services into the Polish and German markets after raising €450,000 (US$511,000) in funding from…

Feb 13, 2020

Financial services companies partner up to replace legacy access control with biometrics

Several banks, fintech, and financial services companies have found partners to provide biometric authentication for secure onboarding and transactions, with…

Ondato Industry Insights


The numbers never lie?

By Liudas Kanapienis, CEO and co-founder of Ondato Startup valuations are under the spotlight right now. Massive inflows of VC…

Why are government’s still hesitating over social media ID verification?

The ID16.9 Podcast

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