Liveness

FaceTec Sees 96% Revenue Growth and 107% Usage Growth YoY in Q3

Retrieved on: 
Thursday, October 20, 2022
NFC, Method, Rock (geology), OCR, 2D, Government, Transport, KYC, Android, DU, Organization, 3D, Privacy, CCPA, Atlantic Data Base for Exchange Processes at the Deep Sea Floor, Visage SDK, Technology, TI, IDS, Ahli Bank Qatar, BIPA, PII, IOS, Authentication, GDPR, Liveness, Fraud, Disclosure, ID, Video game, Security printing, Online shopping, Parallax, Q3

SUMMERLIN, Nev., Oct. 20, 2022 /PRNewswire-PRWeb/ -- FaceTec, Inc. saw outstanding Q3 2022 business and technology gains, further securing its global leadership in 3D digital identity software.

Key Points: 
  • Continuing its steady international growth, and considered to be the most secure remote biometric authentication solution ever developed, FaceTec provides biometric security on six continents.
  • New Q3 customers/partners include: Banco BV, ByteFederal, TI&M, Atlantic Data, Ahli Bank, Stone, DU, Tyme Global, FLEXDOC, Parallax, and ViaGate.
  • FaceTec's stand-alone software runs locally on customers' servers and does not require any biometric data or personally identifiable information (PII) be sent to FaceTec.
  • Important new upgrades to existing Photo ID OCR and moderator dashboard functionality were added to the FaceTec SDKs in Q3 2022.

STOKR Becomes the First Digital Securities Issuance Platform in the EU Supervised as A VASP

Retrieved on: 
Tuesday, October 11, 2022
Bitcoin, Commission de Surveillance du Secteur Financier, VASP, Sale, Growth, AML, Commission, KYC, Marj, PayPal, KYC/AML, Industry, International law, Liveness, BitFlyer, CSSF, Digital, KYT, Solution, Compliance, Cryptocurrency, Security (finance), Bitstamp, Proximus, EU

LUXEMBOURG, Oct. 11, 2022 /PRNewswire-PRWeb/ -- STOKR, the EU's pioneering digital investment marketplace for alternative assets, has received VASP registration by Luxembourg financial regulator CSSF (Commission de Surveillance du Secteur Financier). STOKR is now the first digital securities issuance platform outside of the US to have exchange integrations with regulated securities trading venues, able to independently conduct Know Your Customer (KYC)/Anti-Money Laundering (AML) checks on the investors investing in digital securities. The recognition as a Virtual Asset Service Provider by the CSSF, also puts the firm on a firmer regulatory footing in Europe.

Key Points: 
  • STOKR is now the first digital securities issuance platform outside of the US to have exchange integrations with regulated securities trading venues, able to independently conduct Know Your Customer (KYC)/Anti-Money Laundering (AML) checks on the investors investing in digital securities.
  • Becoming a VASP helps STOKR to provide financial services to market participants for the sale and offer of virtual assets.
  • STOKR uses the digital KYC-management solution Digital KYC provided by Proximus, a well-reputed KYC technology provider.
  • STOKR is the only digital securities issuance platform in the EU to have a VASP supervision from a EU member state, as well as exchange integrations with regulated securities trading venues, like Bitfinex Securities and Merj.

iProov Achieves eIDAS eID Level of Assurance High for Genuine Presence Assurance

Retrieved on: 
Thursday, August 11, 2022
Data Management, Security, Health, Technology, Biometrics, Software, Eid, NIST, Rabobank, Trust service provider, CEO, Technology, Mask, ING, EIDAS, SK, Electronic identification, QES, U.S. Department of Commerce Office of Security, Twitter, Liveness, Satellite navigation, Biometrics, LOA, TDIF, Tax, Australian Taxation Office, Configuration Management (ITSM), Privacy Office of the U.S. Department of Homeland Security, Deepfake, NHS, LinkedIn, ID, Certification, Organization, Cryptocurrency, Online shopping, EU

iProov , the world leader in face biometric authentication technology, announced today that it is certified for biometric face verification of a natural person with its Genuine Presence Assurance technology to Level of Assurance High (LoA High) in accordance with the eIDAS regulation.

Key Points: 
  • iProov , the world leader in face biometric authentication technology, announced today that it is certified for biometric face verification of a natural person with its Genuine Presence Assurance technology to Level of Assurance High (LoA High) in accordance with the eIDAS regulation.
  • The eID Assurance LoA High certification ensures that European Union (EU) governments and organizations using iProovs Genuine Presence Assurance are capable of electronically verifying users across Europe with the highest level of certainty and security.
  • iProovs Genuine Presence Assurance is compliant with the relevant requirements for Biometric face verification of a natural person, following the regulation Reg.
  • 910/2014 (eIDAS) Article 8 (2) according to eIDAS eID Level of Assurance high.

FaceTec Continues Its Third Year of Hypergrowth in Q2 2022

Retrieved on: 
Wednesday, July 20, 2022
Publishing, Adam, KYC, Personal computer, NIST, Industry, 2D, Visage SDK, Tablet, PAD, Government, OCR, Privacy, Face, Compliance, Liveness, IOS, Android, 3D, NFC, BIPA, Bias, Architecture, Lists of action films, Organization, Fraud, GDPR, Technology, CCPA, Method, Transport, IDS, Blockchain, FRR, ID, Cryptocurrency, Security printing, Video game, Q2

SUMMERLIN, Nev., July 20, 2022 /PRNewswire-PRWeb/ -- FaceTec, Inc. has followed its outstanding performance in Q1 2022 with exceptional Q2 business and technology results. FaceTec's AI now performs over 700M 3D Liveness Checks annually, and its 3D face verification software's global leadership is further cemented with a third year of hypergrowth.

Key Points: 
  • SUMMERLIN, Nev., July 20, 2022 /PRNewswire-PRWeb/ -- FaceTec, Inc. has followed its outstanding performance in Q1 2022 with exceptional Q2 business and technology results.
  • This model never requires end-user biometric data or personally identifiable information to be sent to FaceTec.
  • Important new privacy-focused 3D face data storage and matching functionality were also added to the FaceTec Software in Q2.
  • "As always, I'd like to thank our partners and the incredible FaceTec team for their continued focus and hard work in Q2," said Kevin Alan Tussy, FaceTec CEO.

Paxful Selects iProov to Provide Effortless Security for Cryptocurrency Onboarding and Transactions

Retrieved on: 
Wednesday, July 6, 2022
Professional Services, Payments, Security, Technology, Cryptocurrency, Fintech, Internet, Ethereum, Tether, Water, Australian Taxation Office, LinkedIn, Theft, Fraud, School, Privacy Office of the U.S. Department of Homeland Security, Mask, Cryptocurrency, Growth, Tax, ING, ETH, Rabobank, ID, Public sector, U.S. Department of Defense Strategy for Operating in Cyberspace, NHS, Technology, Organization, USDT, BTC, Foundation, OTP, Twitter, Liveness, Deepfake, Education, Online shopping, Pax Imperia, Bitcoin

We are thrilled to partner with iProov to offer our users a safe and secure experience while using the Paxful platform.

Key Points: 
  • We are thrilled to partner with iProov to offer our users a safe and secure experience while using the Paxful platform.
  • To properly do so, we need to ensure we provide the highest level of security and peace of mind to users.
  • iProovs technology allows us to safeguard against fraud and theft for our community while ensuring continued access and growth of the platform.
  • When a user onboards with Paxful, they verify their identity using an ID document, such as a driver's license.

55% of crypto companies plan to increase identity verification budget, Sumsub research finds

Retrieved on: 
Wednesday, June 29, 2022
Crypto, Travel, SSI, Baptist General Association of Virginia, KYB, Decentralized finance, FATF, KYC, ICA, Man, Cyprus Securities and Exchange Commission, Industry, Liveness, AML, Compliance, ID, MAS, Identity, Securities and Exchange Commission, ACAMS, Solution, Time, FINMA, FCA, Language, ASP, Multimedia, Deepfake, Cryptocurrency, Audit, Online shopping, Security printing, EU, Amazon

LONDON , June 29, 2022 /PRNewswire/ -- Sumsub, a global identity verification software provider, today published State of Identity Verification in the Crypto Industry. This is the first-ever study of verification practices among crypto businesses, combining remote verification statistics coupled with expert insights into regulatory compliance and the future of identity verification.

Key Points: 
  • LONDON, June 29, 2022 /PRNewswire/ --Sumsub, a global identity verification software provider, today published State of Identity Verification in the Crypto Industry .
  • This is the first-ever study of verification practices among crypto businesses, combining remote verification statistics coupled with expert insights into regulatory compliance and the future of identity verification.
  • For this study, Sumsub surveyed 200 crypto companies and analyzed millions of identity verification checks performed in 2021-2022.
  • The platform is easily adjustable and offers a wide range of solutions, from fully-automated identity verification to agent-assisted verification.

iProov Further Expands Online Identity Verification Services in the Americas with Ignition-Innovation’s New Civic ID Solution

Retrieved on: 
Wednesday, June 15, 2022
Software, Technology, Other Technology, Security, Ignition, People, Deepfake, U.S. Department of Defense Strategy for Operating in Cyberspace, Technology, Fraud, CEO, Tax, Privacy Office of the U.S. Department of Homeland Security, Australian Taxation Office, Rabobank, Crime, NHS, Mask, Research, LinkedIn, Liveness, Twitter, ING, Organization, Machine learning, AI, Online shopping, Cryptocurrency

Ignition-Innovation has selected iProovs award-winning face verification and authentication technology for its new digital identity solution, TruMeID, in Trinidad & Tobago.

Key Points: 
  • Ignition-Innovation has selected iProovs award-winning face verification and authentication technology for its new digital identity solution, TruMeID, in Trinidad & Tobago.
  • TruMeID provides consumers with a digital identity solution that facilitates secure access to a range of online services.
  • A brief, passive face scan confirms that an individual is the right person, matching the identity to a trusted identity document.
  • iProov is the world leader in online facial biometric authentication, working with governments, banks and other enterprises to securely verify customer identity.

Incognia Introduces New Location-Based Liveness Spoofing Detection Solution

Retrieved on: 
Tuesday, June 14, 2022
Friction, Science and technology in Asia, Behavior, Bajaj Finserv, Deepfake, CEO, Algorithm, GLOBE, United States Secretary of Commerce, Risk, Liveness, PALO, Mobile phone, Online shopping

Incognias latest solution module is Location-based Liveness Spoofing Detection which prevents fraud at onboarding caused by biometric liveness spoofing.

Key Points: 
  • Incognias latest solution module is Location-based Liveness Spoofing Detection which prevents fraud at onboarding caused by biometric liveness spoofing.
  • The Incognia Location-based Liveness Spoofing Detection solution is designed to prevent both injection and presentation deepfake attacks in real-time with no added friction to the mobile user.
  • The Incognia Location-based Liveness Spoofing Detection solution module goes beyond traditional biometric systems and addresses the device integrity and also the device location to accurately determine risk whenever a user performs a selfie and submits a biometric proof of liveness.
  • Were excited to expand Incognias fraud prevention capabilities even further with our latest solution module, which uses device integrity checks, device watchlists and emulator detection to prevent liveness detection spoofing caused by deepfakes.

What Does the Future of Travel Look Like? A Majority of Consumers Favor a Journey Straight from the Couch to the Gate

Retrieved on: 
Tuesday, June 7, 2022
Technology, Air, Security, Transport, Software, Transportation, Data Management, Vacation, Travel, Research, LinkedIn, Deepfake, Eurostar, CEO, Airport, Travel, NHS, Privacy Office of the U.S. Department of Homeland Security, Rabobank, Multimedia, ING, ID, Technology, Australian Taxation Office, Mask, Twitter, Liveness, Tax, Tourism, Online shopping, Security printing

In fact, a majority of those surveyed would prefer to streamline the process to go straight from their couch at home to the gate in as few steps as possible.

Key Points: 
  • In fact, a majority of those surveyed would prefer to streamline the process to go straight from their couch at home to the gate in as few steps as possible.
  • Eighty-five percent (85%) of the 16,000 respondents in eight countries would use or would consider using a ticket/ID check from home.
  • So, how can airports and airlines reduce the bottlenecks during journeys using check-from-home services to make the travel experience more convenient for consumers?
  • To learn more about iProov and the future of travel, please visit the Biometric Travel & Check-In section of our website.

Finema Partners with iProov to Bring Enhanced Liveness Detection Capabilities to Identity Solution Onboarding

Retrieved on: 
Tuesday, May 31, 2022
Data Management, Security, Health, Technology, Software, Biotechnology, NHS, Digital, Passwordless authentication, ID, Theft, Liveness, Australian Taxation Office, Deepfake, Identity management, Privacy Office of the U.S. Department of Homeland Security, SSI, U.S. Department of Defense Strategy for Operating in Cyberspace, Government, Blockchain, Tax, Technology, Mask, Authentication, Rabobank, LinkedIn, Twitter, Digital signature, Access, ING, CEO, Security printing, Online shopping, Cryptocurrency, Identity

iProov , the world leader in biometric face authentication technology, announced today that Finema has chosen iProovs Liveness Assurance technology to enhance the security of its Enterprise Decentralized Identity Platform.

Key Points: 
  • iProov , the world leader in biometric face authentication technology, announced today that Finema has chosen iProovs Liveness Assurance technology to enhance the security of its Enterprise Decentralized Identity Platform.
  • In doing so, Finema can protect itself and its users by preventing stolen or fake identities being used for new account fraud.
  • We are excited to enhance our decentralized identity product suite with iProovs state-of-the-art Liveness Assurance technology, said Pakorn Leesakul, CEO of Finema.
  • Finema helps corporates and government agencies construct their digital identity infrastructures by providing enterprise decentralized identity solutions that comprise a blockchain, an identity mapper, an e-ID wallet, and an identity proofing platform.