FB pixel

optical character recognition

 

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…

 

Smart Engines and Innovatrics expand document recognition and onboarding services in Eastern Europe

Citibank has chosen AI document recognition technology developed by Smart Engines to verify client documents in Russia, the company announced….

 

New remote financial services with selfie biometrics and ID checks launched for EMEA, UK, Baltic clients

Fenergo has fast-tracked the launch of a cloud-based Remote Account Opening (RAO) solution in the EMEA region to help banks…

Most Read This Week

Featured Company

Biometrics Research

Biometrics White Papers

Biometrics Events

Explaining Biometrics