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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

 

Fintechs sign up for biometric customer onboarding from Ondato, Onfido, ID-Pal

Identity verification and selfie biometrics providers Ondato, Onfido and ID-Pal have announced new fintech customers. Lithuanian know-your-customer (KYC) solution provider…

Jan 19, 2023

Yoti, Onfido sign up selfie biometric clients for dating, business management and fintech

Yoti has been chosen by Muslim dating and marriage app Muzz to provide identity verification with selfie biometrics. Muzz CEO…

Dec 23, 2022

Nivo secure, biometric customer messaging solution gets £1M funding from Maven to go global

The UK’s Nivo Solutions, provider of biometrically verified messaging services to financial firms for customer service, has received £1 million…

Dec 8, 2022

Onfido research shows ID documents’ targeted as Experian certified, OCR Labs partners

Identity documents are the weak link in ID verification, and being attacked accordingly, Onfido has found in its latest research….

Nov 28, 2022

Six key considerations for ethical AI in financial services

By Matt Peake, Global Director of Public Policy at Onfido Biometrics has quickly become embedded in our everyday lives, particularly…

Nov 25, 2022

EU banks struggle with KYC and AML budgets, but biometrics help applications worldwide

European banks are dedicating the majority of their AML (anti-money laundering) and KYC (know your customer) budgets to manual processes…

Oct 26, 2022

Digital ID verification still has room for improvement as adoption grows rapidly

A new report discusses how customers feel about digital identity amidst a recent surge in usage, partnerships and released solutions….

Oct 19, 2022

Senior enterprise leaders take roles in digital identity

Digital ID verification firm OCR Labs Global has announced the hire of Joshua Read as new Chief Operating Officer who…

Oct 7, 2022

OCR Labs, Onfido, OneID certified for UK digital ID scheme, IDnow meets EU standard

OCR Labs Global, Onfido and OneID separately announced they have received official government accreditation under the UK Digital Identity &…

Sep 29, 2022

New solution and partnerships unveiled amid flurry of selfie biometrics and KYC activity

Romania-based Qoobiss has launched an anti-money laundering solution for businesses in the financial sector based on the company’s selfie biometric,…

Sep 22, 2022

Onfido, ComplyCube upgrade biometric solutions for faster, easier KYC checks

Onfido and ComplyCube have announced upgrades to their ID verification platforms for seamless and speedy KYC checks. Onfido says it…

Sep 19, 2022

Veriff partners with mobile developer as selfie biometrics use grows for payments, deliveries

Veriff has formed a partnership with mobile app developer Shockoe to build fraud prevention and uncompromised privacy to businesses creating…

Sep 9, 2022

Biometric bank service access grows with Indonesian deal, Seamfix platform expansion

New ways to access banking services through biometrics are becoming available to many millions of people, as Bukalapak has joined…

Sep 8, 2022

CAF welcomes Emma Lindley as director to expand digital ID reach internationally

Companies focusing on biometrics and digital ID technologies have acquired new talent for data protection, human resources and product development…

Aug 17, 2022

LexisNexis, IDnow and Onfido each unveil biometric onboarding customers in fintech, ecommerce

Selfie biometrics and digital ID onboarding providers continue to add customers amid robust market demand. Assetz Capital selected LexisNexis’ RiskNarrative…

Jul 29, 2022

Onfido launches bug bounty to ensure security of selfie biometrics, identity verification platform

Onfido has opened a bug bounty program to invite cybersecurity researchers and ethical hackers to help it improve the robustness…

Jul 20, 2022

UK government positions itself away from EU on AI regulation while testing how light touch it can go

The UK government launched a trio of documents concerning AI on 18 July, all with the general purpose of fostering…

Jun 21, 2022

Did Onfido foresee the current economic straits? Biometrics unicorn credentials considered

Common wisdom dictates that growth companies facing economic threats regear for profit rather than grow through acquisitions. The strategy is…

Jun 7, 2022

TISA gains more member mass in bid to create digital ID for finance sector

A multi-industry UK organization focused on opening the financial services and savings sectors to more people is adding more partners…

May 25, 2022

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…

Onfido Industry Insights

 

Six key considerations for ethical AI in financial services

By Matt Peake, Global Director of Public Policy at Onfido Biometrics has quickly become embedded in our everyday lives, particularly…

Blink and you’ll miss it: The mass-market adoption of facial verification in business

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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