“… Onfido’s great solution of document reading and its 2D face scanning system was incorpored by world leader on augment identity, IDEMIA, in order to optimize financial services on KYC and AML needs.”
IDEMIA is developing its selfie-based authentification throught a crucial partnership with Onfido. This collaboration showed on the past several months its position as a leading provider for the cryptocurrency market with the highest selfie authentication technology. Onfido expertise liens on the compatibility of facial recognition with document reader: users just need to upload a selfie and images of official identity documents to the system that will link both with the aim of corresponding them.
As the world’s leader on augmented identity, IDEMIA is not a new comers in the biometric authentication and the company has came to life a new 3D facial recognition system for mobile devices in 2018. The partnership can enable IDEMIA to meet the need at some niches of Financial Markets as Know Your Customer’s activities – KYC and Anti-Money Laundring – AML by the incorporation of Onfido’s solutions as a complement to its “Augmented Identity Hub”.
Mutual prospects and customers in Financial Services are the crucial point to make this partnership happen; the alignment of Idemia’s technology with Onfido’s identification will make both companies reach such market opportunities, said, Onfido CEO Husayn Kassai.