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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 expands biometrics and AI fraud threat mitigation platform capabilities
Onfido 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… |
| Feb 23, 2022 | Onfido, IDnow ride selfie biometrics to record growth in Q4 2021Digital identity authentication and selfie biometric providers Onfido and IDnow unveiled summaries of their 2021 business results that showed record… |
| Feb 15, 2022 | Biometrics bring security for dating, matrimony – and bettingA series of developments around the world aim to reduce fraud and improve trust where people want it most –… |
| Jan 26, 2022 | Liminal sees acquisitions ahead for digital ID companies ‘to watch’ in 2022Digital identity advisory firm Liminal has published a new list of companies actively working on some of the most innovative… |
| Dec 21, 2021 | Five face biometrics partnerships and big ambitions revealedAs the use of selfie biometrics and digital identity diffuses across more sectors and parts of life, the number of… |
| Dec 13, 2021 | Sumsub takes selfie biometrics to SMB market with new serviceSumsub is launching a new set of services to give small and medium-sized businesses an easy way to adopt selfie… |
| Dec 8, 2021 | Fraud, deepfake threats rising as biometric IDV forecast for 4X market growth by 2030Face biometrics and liveness detection are proving effective against a rising tide of online fraud, in terms of the number… |
| Dec 2, 2021 | Onfido unveils biometric onboarding customer win, Salesforce integration updateOnfido has released a series of updates, including a biometrics partnership with Italian bank Banca Profilo via fintech partner Tinaba,… |
| Nov 19, 2021 | New CFO for Secret Double Octopus as digital ID technology providers unveil appointmentsSecret Double Octopus has appointed Yair Averbuch as its chief financial officer, describing him as an “IPO and scale out veteran”… |
| Nov 4, 2021 | Biometric KYC for financial services extended with FacePhi, Shufti Pro, Vouched dealsThe digital identity verification and know your customer (KYC) sector continues to flourish in part due to the effects of… |
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 |
