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Onfido

Website: onfido.com

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

 

Novetta wins biometric tech award; Signzy, Trust Stamp and Onfido fintech contributions recognized

Novetta’s technology for capturing biometric data from fingerprint cards has won the “Best Technical Advancement” award at this year’s FedID…

Sep 17, 2020

Another digital identity panel, another list of ambitious goals

In recent times, a decade has never felt more like the distant future than it does today. A vendor-sponsored online…

Sep 15, 2020

Remote biometric onboarding customer wins for Onfido, TruNarrative and Jumio

Biometrics are delivering authentication for ever-more digital onboarding and regulatory checks around the world, with Onfido technology implemented by a…

Sep 9, 2020

India approves biometric selfie videos for stock trading KYC

Another set of financial services in India can now be accessed through selfie video biometrics, while Onfido, Mitek, TruNarrative, ubble,…

Sep 3, 2020

Six biometrics companies included on 2020 CB Insights Fintech 250 List

CB Insights has just announced its third annual list for the top 250 leading fintechs that disrupt the industry with…

Aug 31, 2020

Thirdfort raises £1M to scale selfie biometric and ID document check platform for law firms

Legal tech startup Thirdfort has raised £1 million (US$1.3 million) in a recent seed-plus funding round, bringing total funds raised…

Aug 21, 2020

E-voting: Tricky tech and trickier politics

Those who say digital IDs and biometrics can restore Americans’ faith in voting increasingly sound like kids trying to convince…

Aug 20, 2020

Onfido working to eliminate demographic differences in biometric facial recognition technology

The global biometric facial recognition market is estimated to reach a CAGR of 14.41 percent by 2028, with growth generated…

Aug 18, 2020

Onfido awarded £5 million grant to develop biometric KYB solution for SMEs

Onfido has won a £5 million (US$6.6 million) grant to invest in the development of biometric fraud detection, data anonymization and…

Aug 13, 2020

How blockchain and biometrics can secure e-voting in India, U.S. elections

During a meeting held by the Election Commission of India, the IT Secretary of Indian state Telangana advocated for the…

Aug 5, 2020

iDenfy and Onfido each sign up fintech clients for KYC checks with facial biometrics

mPay has partnered with iDenfy to utilize its biometric facial recognition, liveness detection, and ID verification technology to meet know your…

Jul 29, 2020

Onfido and SingPass facial biometrics adopted for KYC checks, Wibmo launches service and iComply listed

Onfido’s identity document and biometric selfie technology is being adopted by UK fintech Curve to speed up, simplify and unify…

Jul 24, 2020

Biometric digital health credentials for NHL and London theatre, Privacy International warns of risks

As biometrics and other digital identity technologies are deployed to enable big league sports to resume operations, National Hockey League…

Jul 24, 2020

Onfido’s biometric authentication chosen by Polish bank for onboarding, KYC, founder steps away

Poland-based Alior Bank has chosen Onfido facial biometrics for digital identity verification to streamline its digital onboarding and KYC processes,…

Jul 15, 2020

Onfido biometrics chosen to secure onboarding in Eastern Europe, Nordics and enterprise IAM

Onfido is broadening its biometric authentication market share in Eastern Europe and the Nordics by partnering with fintech and financial…

Jul 10, 2020

Onfido reports massive growth in facial biometrics sales driven by U.S. demand

Onfido has reported a 40 percent quarter-over-quarter rise in global sales ending June 30, 2020, and a 264 percent year-over-year…

Jul 1, 2020

Will COVID-19 birth global digital IDs? It’s a nice dream…

It is best not to expect the COVID-19 pandemic to push world governments to create interoperable digital identities, even though…

Jul 1, 2020

Onfido ID document and selfie biometrics checks adopted for employment background checks

Onfido will provide its biometric facial recognition to perform frictionless identity verification for global pre-employment screening from Neeyamo Inc., according to…

Jun 23, 2020

Tenant launches biometric ID verification for self-storage, Scrive uses Onfido for eID verification

Tenant Inc has released Mariposa, a marketing website technology with facial recognition for ID verification that self-storage providers can use…

Jun 19, 2020

Biometrics companies top award lists for innovation, accessibility and inclusion

A number of organizations from around the world have recognized biometrics providers for their contributions to a number of social…

More Onfido News

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, 2019A guide to digital identity verification: the tech and trends
Feb 4, 2019How to detect the 7 types of document and identity fraud

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