Tag Archives: onfido

Onfido nearly doubles revenue and acquires EYN

Onfido has reported a 93% increase year-to-date (YTD) in global revenue and 100% growth in annually recurring revenue (ARR). The company also acquired biometric specialist, EYN whose acoustic liveness technology will be incorporated into Onfido’s Real Identity Platform with its employees joining Onfido’s research and biometrics teams. Onfido also made two …

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Onfido establishes Benelux presence and partners with Lynk & Co

Onfido is teaming up with mobility leader Lynk & Co  in Benelux, adding to the list of customers Onfido already supports in the region, including challenger bank bunq and LeasePlan Bank. Onfido has also announced the establishment of its regional HQ in  Amsterdam, to offer further support for European customers given the increased demand …

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New Onfido face authentication and enhanced security tools

Onfido’s Face Authenticate now includes a biometric face authenticator as well as new security tools, including Onfido Private Key Encryption, as part of its Real Identity Platform. With Onfido’s Real Identity Platform, comprising of Onfido Verify (document and facial biometric onboarding) and Onfido Face Authenticate (biometric face authentication), companies can now go beyond safely …

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Orange partners with Onfido on self-service identity verification

  Orange and Onfido, are partnering to automate the verification process for Orange Flex, making it faster and easier to sign up for a mobile plan. Onfido’s technology uses artificial intelligence (AI) and facial biometrics to verify users’ identities.  Onfido will supply its document verification and facial biometric solution for the Orange …

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Onfido collaborates with Microsoft on speedy ID verification

Onfido  has been selected by Microsoft to enable fast and secure identity verification and onboarding for its Azure Active Directory (Azure AD)  verifiable credentials. Azure AD verifiable credentials, now in public preview, provide an open standards approach to safely and securely re-using verified information about a business or user in order …

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Identity fraud attempts double as Bitcoin price surges

New data from Onfido reveals a 2 times year-on-year increase in identity fraud attempts in February 2021 in tandem with the 5X year-on-year surge in Bitcoin’s price. Over the past 12 months, the pandemic has driven a surge in fraudsters, with the recent Onfido Identity Fraud report revealing identity fraud increased 41% …

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TBI Bank selects Onfido to speed customer onboarding

 TBI Bank, a phygital lender, focusing on Southeast European markets, is partnering with Onfido. Using Onfido’s AI-powered ID verification service, TBI’s customers can sign up by taking a snap of their government-issued identity document (ID) and taking a selfie. Onfido first checks that the ID is genuine and then matches …

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MANGOPAY and Onfido partner to speed user onboarding

 Onfido and MANGOPAY have announced a partnership to simplify user onboarding and unify its Know Your Customer (KYC) processes today with Onfido’s identity verification solution. MANGOPAY makes payments easy for businesses, enabling them to have transactions in multiple currencies and with various payment methods. More than 2,500 platforms in 26 countries …

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Onfido and FundOf enable content creators to monetise their work through trusted transactions

Onfido has partnered with FundOf, a tool that helps content creators monetise their content on any platform, to verify the identity of its users and build trust through its community of content creators. Using Onfido’s identity verification technology, FundOf provides more assurances that content creators are who they claim to …

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Onfido and FundOf form identity verification partnership

 Onfido is is partnering with FundOf, a tool that helps content creators monetise their content on any platform, to verify the identity of its users. Using Onfido’s identity verification technology, FundOf provides more assurances that content creators are who they claim to be, making it harder for fraudsters to create …

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