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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

 

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 Q2

Onfido 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 governments

Solutions 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 launches

The 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 people

Digital 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 IPO

Onfido 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 KYC

More 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 iffy

Arbitration 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 experience

The 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 lifecycle

Onfido 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 episode

A 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 yet

Revenues 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 continues

Copper 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 creation

Onfido 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 decision

Onfido 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 standing

Onfido 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 fraud

Several 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 software

Onfido 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 partners

FacePhi 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 pilot

Microsoft 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, 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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