Tagged: onfido

April 29, 2024 @ 7:34 am By Tony Zerucha  |  

Entrust, a provider of payments, identities, and data security, this week announced a single-vendor enhanced authentication solution that integrates identity verification (IDV) and identity and access management (IAM) to fight deepfakes, phishing, account takeover (ATO) attacks and other threats. By enhancing Entrust Identity as a… Read More

April 10, 2024 @ 9:39 pm By Omar Faridi  |  

Entrust, a global enabler of trusted payments, identities, and data security, announced that it has completed its acquisition of Onfido, a global leader in identity verification. With this completed acquisition, Entrust now “provides the industry’s most comprehensive portfolio of AI-powered, identity-centric security solutions.” Terms of… Read More

January 24, 2024 @ 2:24 pm By Omar Faridi  |  

Onfido, which claims to be the global leader in automated identity verification, launched its Compliance Suite, an all-in-one identity verification solution “that empowers fast-growth businesses to expand seamlessly into new markets and meet local regulatory needs for customer onboarding.” Onfido’s Compliance Suite reportedly “introduces qualified… Read More

December 13, 2023 @ 8:38 am By Omar Faridi  |  

Onfido’s technology automates identity verification, “reducing onboarding time from days to minutes.” Onfido, the global enabler of automated identity verification, announced a partnership with InbestMe, a digital investment platform offering personalised investment strategies, to automate their onboarding process. With Onfido’s AI technology, InbestMe can now… Read More

November 17, 2023 @ 7:22 am By Omar Faridi  |  

Onfido, the global automated identity verification provider, today announced the findings of its 2024 Identity Fraud Report and unveiled its Fraud Lab. The report points to the increasing availability of simple-to-use AI tools “as the reason for a 31X increase in deepfakes1 and 5X increase… Read More

November 6, 2023 @ 9:29 am By Omar Faridi  |  

Onfido, the global automated identity verification, released the results of a study surveying over 1,500 business leaders, examining perceptions, challenges and usages of artificial intelligence (AI). Respondents were from financial services, gaming, retail, healthcare, transportation, legal and telecom industries, “across the US, UK, and Italy.”… Read More

October 29, 2023 @ 11:22 pm By Omar Faridi  |  

Onfido, the global firm focused on automated identity verification, announced a partnership with Job&Talent, a marketplace headquartered in Spain, for essential work. Together, they will automate remote identity verification “for new candidate onboarding, eliminating the need for in-branch visits.” Onfido’s technology helps Job&Talent accelerate customer… Read More

October 23, 2023 @ 8:27 pm By Omar Faridi  |  

A Fintech as a Service provider selects Onfido for its AI-powered digital identity solution to streamline and secure customer onboarding. Onfido, the global firm focused on automated identity verification, announced a partnership with wearonize, the international payment service provider, in order “to enhance customer digital… Read More

October 11, 2023 @ 6:11 am By Omar Faridi  |  

Onfido, the global firm focused on automated identity verification, announced the results of its partnership with umob, a Mobility as a Service (MaaS) platform that is “transforming the shared mobility and public transportation experience.” Since integrating Onfido’s technology, umob can verify new users “in under… Read More

September 17, 2023 @ 11:14 am By Omar Faridi  |  

State Bank of India (SBI), India’s largest bank, announced reduced customer verification time from 24 hours to just minutes in a partnership with Onfido, the global provider of automated identity verification and authentication solutions. SBI (UK) Ltd, the subsidiary of SBI in the UK, is… Read More

August 4, 2023 @ 5:14 pm By Omar Faridi  |  

Onfido, which claims to be the global leader in automated digital identity verification, today announced that they have partnered with 0xKYC, an innovative startup bringing zero-knowledge proof identity solutions to Decentralized Autonomous Organizations (DAOs). 0xKYC, which is currently in its seed round of investment, is… Read More

July 25, 2023 @ 10:18 pm By Omar Faridi  |  

Onfido, which claims to be the global leader in automated identity verification, today announced a partnership with Magic, an innovative Know Your Customer (KYC) marketplace company, to provide document and biometric verification to streamline KYC processes and help mitigate fraud. Magic is building “Sign-up with… Read More

July 9, 2023 @ 9:03 pm By Omar Faridi  |  

Onfido, which claims to be the global leader in automated identity verification, announced the results of its four year partnership with Lemonway, a leading Pan-European payment institution. Since integrating Onfido’s AI-powered identity verification solutions, Lemonway has seen substantial ROI, “including a 2X increase in validated… Read More

June 12, 2023 @ 10:47 pm By Omar Faridi  |  

Onfido, the automated identity verification provider, announced it has achieved ETSI TS 119 461 certification, the latest European technical standards for identity proofing and trust services by the European Telecommunications Standards Institute (ETSI). This allows Onfido to “act as an Identity Proofing Service Provider (IPSP)… Read More

May 23, 2023 @ 11:07 pm By Omar Faridi  |  

Onfido, which claims to be the global leader in automated identity verification, today announced it has acquired Airside Mobile, Inc., a key player focused on private, digital identity sharing technology. The World Economic Forum Technology Pioneer is “the first company to bring user-controlled digital identity… Read More

May 4, 2023 @ 10:57 pm By Omar Faridi  |  

Onfido, the global provider of automated digital identity verification and authentication announced that its Real Identity Platform services are now “available for Salesforce (NYSE: CRM) Financial Services Cloud customers.” Financial Services Cloud customers now “have access to a suite of Onfido’s services, including Onfido’s library… Read More

April 1, 2023 @ 2:07 pm By Omar Faridi  |  

Onfido, the global provider of automated digital identity verification, announced a partnership with The Co-operative Bank, the “original” ethical bank, “enabling a streamlined, secure digital identity verification for its new customers.” The partnership “enables customers to prove their identity online, meaning they can onboard quicker,… Read More

March 17, 2023 @ 10:57 am By Omar Faridi  |  

Belgium’s Minister of Telecommunication and Minister of Justice signed the ministerial decree, allowing Telenet to use Onfido’s AI-powered technology to verify customer identity securely. Onfido, the global provider of automated digital identity verification, announced a partnership expansion with BASE, a telecommunication operator and a subsidiary… Read More

January 22, 2023 @ 4:03 pm By Omar Faridi  |  

Onfido, the global automated identity verification provider, announced it has achieved certification for high confidence profile H1A under the UK Digital Identity and Attributes Trust Framework (the trust framework). The certification serves use cases “where a higher confidence level in digital identity verification is required.”… Read More

January 5, 2023 @ 5:37 pm By Omar Faridi  |  

Fraud spikes during periods of uncertainty and instability, and “the COVID-19 pandemic was no exception to this,” according to an update from Onfido. Onfido noted that the years 2020 to 2021 “saw all-time highs in the number of fraudulent attempts.” However as the world has… Read More