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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

 

Selfie biometrics facilitate secure onboarding for new partners of HooYu, Onfido, Yoti, TruNarrative

HooYu, Onfido, Yoti and TruNarrative have each announced customer wins to provide selfie biometrics for secure remote onboarding. All four…

Feb 22, 2021

Nuance and Onfido highlight biometrics benefits for protecting cryptocurrency wallets

Cryptocurrencies and bitcoin, in particular, are never far from the spotlights these days. Recent months, in particular, have seen several…

Feb 17, 2021

Mobile biometrics onboarding gains, new cloud service and partnerships unveiled

TruNarrative has launched a new cloud service with behavioral biometrics to brings its mobile authentication and regulatory compliance tools to…

Feb 3, 2021

Onfido doubles US sales and adds over 300 biometrics clients for record revenue in 2020

Onfido has announced record revenues for its 2020 fiscal year, on an 82 percent increase in annual recurring revenue and doubled…

Feb 1, 2021

iProov, Onfido, Daon stake out positions as biometrics-backed immunity passports advance

Biometrics providers including iProov, Onfido and Daon are positioning themselves to serve the requirements of digital health credentials for the…

Jan 29, 2021

Selfie biometrics continue rapid rise with increasing availability, Onfido and Yoti customer wins

Several new partnerships and solutions based on biometric identity checks from mobile devices have been announced. Onfido has signing a…

Jan 7, 2021

ID document and selfie biometrics for content monetization and fighting pandemic aid fraud launch

Onfido has signed up a new customer for its facial recognition and government ID document comparison tool, and Ipsidy has…

Jan 6, 2021

Biometric privacy suit against Onfido not eligible for arbitration, judge rules

Onfido’s attempt to have a claim against it under Illinois’ Biometric Information Privacy Act (BIPA) sent to arbitration has been…

Dec 22, 2020

KYC market steams into year-end with biometrics deals, funding and regulatory attention

ID document-scanning and selfie biometrics implementations have been expanded by an Onfido customer and announced by Veriff, while Signzy has…

Dec 21, 2020

Role of digital ID heightened in many sectors, Economist panelists say

Thought leaders from the private- and public sector convened on December 8 and 9 for a two-day Economist event sponsored…

Dec 16, 2020

ID check, selfie biometrics and identity intelligence providers look for niches in busy compliance market

Biometric screening and related technologies for know your customer (KYC) and anti money-laundering (AML) compliance when onboarding new customers clearly…

Dec 8, 2020

Onfido report notes new biometric fraud trends and ID fraud spike in COVID-19 era

A report by Onfido has highlighted how the existing global coronavirus pandemic is fuelling identity fraud and also enhancing new…

Nov 30, 2020

ID R&D biometrics and liveness selected to power Credas onboarding solution

Biometric authentication providers have signed up new customers in several industries, including a new onboarding client for ID R&D, an…

Nov 25, 2020

Biometrics needed to stem losses amid increased digital account use, Onfido says

Despite the growth in digital account usage from April to July 2020 due to COVID lockdowns, Onfido’s latest survey results…

Nov 25, 2020

Biometric health passports discussed by tech firms and governments as COVID-19 vaccine approaches

Immunity passports are currently being considered in Chile, Germany, Italy, Great Britain, and the U.S., according to Zac Cohen, Chief…

Nov 16, 2020

Digital identity could produce next tech giant, Onfido ex-CEO argues

The former CEO of Onfido says being able to prove digital identity easily and securely will soon be the basis…

Nov 12, 2020

Onfido’s use of biometric data for bias research meets legal requirements — ICO report

The UK Information Commissioner’s Office (ICO) has released the report of regulatory sandbox test carried out with Onfido, which concluded…

Nov 11, 2020

Onfido CEO steps aside for next phase of face biometrics and ID verification growth

Husayn Kassai is out as CEO of Onfido, stepping down for Mike Tuchen to take over as chief executive to…

Nov 10, 2020

Trust Stamp and IDnow partnerships to provide biometrics for financial services

Trust Stamp has partnered with open banking solutions provider DirectID to launch a robust bank and document authentication solution secured by…

Oct 29, 2020

Smartphone biometrics increasingly trusted as banks stand up remote authentication and onboarding

New research published by Entersekt suggests smartphone biometrics are the easy way forward for financial institutions adjusting to new payments…

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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