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Ondato

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

 

Regula upgrades biometric and document scanning to provide complete protection

Regula has updated its biometric and document verification products to provide a complete solution for advanced identity fraud prevention. The…

Feb 13, 2023

What business needs to know about age ID verification as regulators step up legislation

By Liudas Kanapienis, CEO and co-founder of Ondato From the first of January this year, age checks for people visiting…

Feb 1, 2023

Fintechs sign up for biometric customer onboarding from Ondato, Onfido, ID-Pal

Identity verification and selfie biometrics providers Ondato, Onfido and ID-Pal have announced new fintech customers. Lithuanian know-your-customer (KYC) solution provider…

Dec 14, 2022

KYC and AML costs add up, compliance with biometrics costs less: Ondato

The cost of anti-money-laundering (AML) processes for major European banks averages €14.25 million (US$15.15 million) each year, with each of…

Nov 25, 2022

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…

Ondato Industry Insights

 

What business needs to know about age ID verification as regulators step up legislation

By Liudas Kanapienis, CEO and co-founder of Ondato From the first of January this year, age checks for people visiting…

The numbers never lie?
Why are government’s still hesitating over social media ID verification?

The ID16.9 Podcast

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