Onfido, a global identity verification provider, announced on Thursday it has extended its partnership with European challenger bank bunq to offer users with a trusted identity verification onboarding experience. The duo further explained:
“Onfido’s identity verification solution enables secure and simple onboarding for bunq users. Applicants simply take a photo of their government-issued identity document (ID) using their smartphone and the AI-enhanced technology assesses if it seems genuine. Users then take a video selfie and Onfido’s biometric analysis compares it to the ID to verify if it matches the user. The process detects fraudulent documents and spoofing attempts, while providing legitimate users a fast and frictionless onboarding experience.”
While sharing more details about the collaboration, Ali Niknam, Founder and CEO of bunq, stated:
“In everything we do at bunq, we aim to make our users’ lives easy. As Onfido shares this vision and can support our European growth, expanding our partnership is a logical step to provide the best onboarding experience for our users.”
The duo also claimed that by combining Onfido’s AI-powered document and identity verification with bunq’s modern customer-focused services, users have a flexible mobile banking option that is secure and easy to use. Husayn Kassai, CEO and Co-Founder of Onfido, went on to add:
“We’re thrilled to expand our partnership with bunq, especially on re-authenticating their users over multiple time-periods when needed, in order to detect and prevent fraudulent attempts while enabling the business to quickly scale. bunq shares our ethos of putting identity back in the hands of customers by providing a much more secure and convenient way to provide access to online services.”
