Innovatrics updates face biometrics and OCR tools to expand reach
It is an eventful week for Innovatrics, with the company expanding the compatibility of its SmartFace biometric solution to run…
OCR
Biometric Update regularly releases news about the topic "OCR." The following set of links is available to assist you with finding biometrics news related to "OCR" and other relevant terms. More topics may be explored by reviewing our comprehensive Biometrics Topics list.
Intellicheck CEO on building the foundations for biometric verification and fraud protection
In the constant battle against online fraud, victory is not won by stopping all fraud. The true goal of fraud…
Digital identity verification market forecast to reach $16.7B by 2026
Remote onboarding adoption will drive global spending on digital identity verification to $16.7 billion in 2026, according to Juniper Research,…
OCR Labs raises €12.5M to bring ID doc and selfie biometrics checks to UK, Turkish markets
Australian startup OCR Labs has raised €12.5 million (roughly US$15.2 million) in a Series A funding round to bring its…
Biometrics adoption in Latin America driving Innovatrics’ market numbers
Innovatrics has explained what it termed its success story, saying the adoption of its biometric technology in Latin American countries…
Smart Engines OCR technology integrated with two biometric onboarding systems
Smart Engines’ identity document recognition technology has been adopted by Oman Arab Bank (OAB) as part of biometric user onboarding…
Manual vs. Automated Identity Check: What’s Better and Why?
There are many challenges that any KYC method encounters; either it’s manual, automated, or combined. Dmitri Laush, CEO of omnichannel…
VisionLabs and Smart Engines, Innovatrics announce biometric onboarding customer wins
The Emirates NBD bank will now allow customers to verify their identity documents via mobile when opening an account using…
Biometric digital onboarding technology now ready for all challenges, Innovatrics says
When Innovatrics turned its multimodal biometrics expertise to digital onboarding, the idea was still novel. The possibility of a seamless,…
Jumio argues for SDK-based biometrics over APIs and web apps for online identity verification
The ability to leverage the built-in features of smartphones for better automatic document capturing is a major benefit to performing…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection