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Onfido
Onfido builds trust in an online world by helping businesses digitally verify users’ identities. The company uses AI to verify any photo ID and then compares it with the person’s facial biometrics. This use of AI means that businesses no longer need to compromise on customer experience, conversion, privacy or security. Founded by three entrepreneurs from Oxford University, Onfido has raised $200m in funding from investors including TPG Growth, Salesforce Ventures, and M12 – Microsoft’s venture fund. The company powers identity verification with established brands worldwide, including CLEAR, Revolut and Expensify.
Onfido Biometrics News
Onfido and INTERPOL train US officers on biometric passport fraud
A training session on recognizing fraudulent travel identity documents jointly held by INTERPOL’s Counterfeit Currency and Security Documents (CCSD) unit…
| Jul 27, 2021 | Onfido reaches triple-digit biometrics growth, surpasses $100M annual recurring revenue in Q2Onfido has doubled its revenue on a year-over-year basis with a fifth consecutive record quarter in Q2, 2021, surpassing $100 million… |
| Jul 20, 2021 | Selfie biometrics power KYC and fraud prevention from crypto platforms to governmentsSolutions and implementations of ID document checks and face biometrics continue to proliferate, with GetID launching a new tool, customer… |
| Jul 14, 2021 | Selfie biometrics for online pet sales and financial services among latest remote onboarding launchesThe pace of remote onboarding implementations remains steady, with Onfido signing up an online marketplace for its selfie biometrics, while… |
| Jun 28, 2021 | Selfie biometrics top digital onboarding methods for younger peopleDigital onboarding with selfie biometrics and ID documents is a favored method of younger people, according to research from Onfido,… |
| Jun 28, 2021 | Biometric onboarding market reaches new phase as Onfido preps IPOOnfido is considering a stock launch on the New York Stock Exchange, instead of London, as first reported by the… |
| Jun 16, 2021 | Fintechs race to adopt biometrics for remote KYCMore than three out of four millennials are “very satisfied” with using mobile device-based face biometrics for authentication, according to… |
| Jun 1, 2021 | Onfido’s biometric data privacy arbitration case looks awfully iffyArbitration cases generally are pretty two dimensional. When a buyer signs a contract requiring that any subsequent disagreements must be… |
| May 31, 2021 | Visa expands partner program with biometrics for digital-first payments experienceThe Visa Fintech Partner Connect program, already launched in Europe to help financial institutions select key technologies for digital-first experiences,… |
| May 25, 2021 | Onfido partners with FaceTec to extend biometrics further into identity lifecycleOnfido is launching a new platform extending the company’s flagship biometric identity verification to authentication and enterprise-grade security to provide… |
| May 19, 2021 | BBC addresses facial recognition bias issues in new Click episodeA new episode of BBC Click recently discussed the issues caused by facial recognition biases, and how they affect people… |
| May 12, 2021 | Regional gains and biometrics partnerships lift Onfido to best quarter yetRevenues from Onfido’s biometrics and identity verification leaped by 93 percent on a year-over-year basis in its fiscal first quarter… |
| Apr 21, 2021 | Jumio partners for public sector selfie biometrics onboarding as boom continuesCopper River IT has selected Jumio’s face biometrics and digital KYC capabilities to enhance its program-focused advanced network and systems… |
| Apr 15, 2021 | Orange deploys Onfido face biometrics and ID verification for automated mobile account creationOnfido has revealed a new selfie biometrics and identity document verification partnership with multinational telecommunications giant Orange. As part of… |
| Apr 12, 2021 | Plaintiff in Onfido biometric data privacy suit argues against appeal of arbitration decisionOnfido cannot force arbitration in a biometric data privacy lawsuit against it based on its partners terms of service, the plaintiff… |
| Apr 9, 2021 | Onfido recognized for biometric data analysis capabilities, market standingOnfido has been highlighted as ‘Outstanding in Biometric Data Analysis’ in the KuppingerCole Market Compass for Providers of Verified Identity…. |
| Mar 18, 2021 | Yoti, Onfido, Sumsub and ID.me step up biometric, digital ID onboarding efforts to tackle online fraudSeveral biometrics providers have announced new partnerships this week, sharing their e-Signing and KYC solutions to combat online fraud. Particularly,… |
| Mar 9, 2021 | Onfido appeals arbitration block in biometric privacy suit, claims filed against proctoring softwareOnfido has asked the Seventh Circuit Court of Appeals to intervene in a lawsuit against it alleging biometric data privacy… |
| 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… |
| Mar 3, 2021 | Biometric digital ID providers partner with Microsoft on decentralized ID, passwordless pilotMicrosoft is launching its decentralized identity credentials for public preview this spring, and partnered up with many leading device-based biometrics… |
Onfido Industry Insights
Blink and you’ll miss it: The mass-market adoption of facial verification in business
This is a guest post by Husayn Kassai, CEO and co-founder of Onfido. Who are you? And how can you…
Onfido White Papers
How to combat fraud in 3 easy steps
Identity theft is the fastest growing crime in the US and accounts for half of all reported fraud in the…
| Feb 5, 2019 | A guide to digital identity verification: the tech and trends |
| Feb 4, 2019 | How to detect the 7 types of document and identity fraud |
