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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, ComplyCube upgrade biometric solutions for faster, easier KYC checks
Onfido and ComplyCube have announced upgrades to their ID verification platforms for seamless and speedy KYC checks. Onfido says it…
| Sep 19, 2022 | Veriff partners with mobile developer as selfie biometrics use grows for payments, deliveriesVeriff has formed a partnership with mobile app developer Shockoe to build fraud prevention and uncompromised privacy to businesses creating… |
| Sep 9, 2022 | Biometric bank service access grows with Indonesian deal, Seamfix platform expansionNew ways to access banking services through biometrics are becoming available to many millions of people, as Bukalapak has joined… |
| Sep 8, 2022 | CAF welcomes Emma Lindley as director to expand digital ID reach internationallyCompanies focusing on biometrics and digital ID technologies have acquired new talent for data protection, human resources and product development… |
| Aug 17, 2022 | LexisNexis, IDnow and Onfido each unveil biometric onboarding customers in fintech, ecommerceSelfie biometrics and digital ID onboarding providers continue to add customers amid robust market demand. Assetz Capital selected LexisNexis’ RiskNarrative… |
| Jul 29, 2022 | Onfido launches bug bounty to ensure security of selfie biometrics, identity verification platformOnfido has opened a bug bounty program to invite cybersecurity researchers and ethical hackers to help it improve the robustness… |
| Jul 20, 2022 | UK government positions itself away from EU on AI regulation while testing how light touch it can goThe UK government launched a trio of documents concerning AI on 18 July, all with the general purpose of fostering… |
| Jun 21, 2022 | Did Onfido foresee the current economic straits? Biometrics unicorn credentials consideredCommon wisdom dictates that growth companies facing economic threats regear for profit rather than grow through acquisitions. The strategy is… |
| Jun 7, 2022 | TISA gains more member mass in bid to create digital ID for finance sectorA multi-industry UK organization focused on opening the financial services and savings sectors to more people is adding more partners… |
| May 25, 2022 | Onfido expands biometrics and AI fraud threat mitigation platform capabilitiesOnfido has added four new products to its biometrics and artificial intelligence (AI)-powered identity verification and authentication service known as… |
| May 16, 2022 | Selfie biometrics customer wins in three verticals and SDK update unveiledTrust Stamp has signed a deal with Ietus (formerly RentMoola), a cloud payment platform for property managers and tenants, to… |
| May 5, 2022 | Berbix launches peer-to-peer biometric ID verificationJust as a pair of new customer wins have been unveiled in the biometric remote ID verification space, U.S.-based platform… |
| Apr 27, 2022 | Settlements mount in Illinois face biometric data privacy lawsuitsCourts in the State of Illinois resolved and continued legal disputes over the use of face biometrics by Google, TikTok,… |
| Apr 21, 2022 | Selfie biometrics providers partner to reach new geographies, sign up payments networksIDnow and Blinking have each signed deals to bring their selfie biometrics to new geographies, and Thirdfort, Onfido, Veridas, Beyon… |
| Apr 12, 2022 | Onfido targets IPO and IDnow grows QTSP offering with new executive appointmentsOnfido has promoted its vice president of strategy Yuelin Li to chief strategy officer to lead its aspirations for a… |
| Mar 29, 2022 | Selfie biometrics deployed from banking to auto sales, legal sector urged to follow suitInnovatrics, Onfido, and iDenfy have each won new clients for their selfie biometrics and document verification technologies. Similarly, a dating… |
| Mar 14, 2022 | UK ecommerce MFA rules take effect as biometrics providers win fintech clientsThe rules around online transactions continue to tighten, with the UK requiring stronger authentication through factors including face and fingerprint… |
| Mar 10, 2022 | GlobalPass launches biometric KYC service, IDnow rolls out IDV platformA new solution combining blockchain and biometrics for know your customer checks has been launched by GlobalPass, while IDnow has… |
| Feb 28, 2022 | Fintech-focused biometrics and KYC partnerships, new platforms unveiledFace biometrics providers continue to rapidly sign up new customers and partners for technologies to support remote customers, with FYNXT… |
| Feb 23, 2022 | New tools and customers unveiled for biometric onboarding and anti-fraud applicationsA number of selfe biometrics providers have each expanded their digital identity verification product and customer portfolios to improve onboarding… |
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 |
