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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
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 walletsCryptocurrencies 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 unveiledTruNarrative 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 2020Onfido 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 advanceBiometrics 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 winsSeveral 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 launchOnfido 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 rulesOnfido’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 attentionID 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 sayThought 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 marketBiometric 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 eraA 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 solutionBiometric 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 saysDespite 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 approachesImmunity 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 arguesThe 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 reportThe 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 growthHusayn 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 servicesTrust 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 onboardingNew research published by Entersekt suggests smartphone biometrics are the easy way forward for financial institutions adjusting to new payments… |
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 |
