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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 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 unveiled

Trust 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 verification

Just 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 lawsuits

Courts 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 networks

IDnow 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 appointments

Onfido 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 suit

Innovatrics, 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 clients

The 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 platform

A 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 unveiled

Face 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 applications

A 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 2021

Digital 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 betting

A 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 2022

Digital 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 revealed

As 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 service

Sumsub 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 2030

Face 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 update

Onfido 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 appointments

Secret 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 deals

The 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, 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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