Experian adds Onfido face authentication for account opening

Tuesday 22 September 2020 11:49 CET | News

Experian has upgraded its fraud detection capabilities for account opening by implementing facial authentication from Onfido.

Face biometrics technology from Onfido will be used by people applying for loans or opening new bank accounts remotely as part of identity checks by Experian.

Onfido’s remote authentication technology allows people to prove their identity by submitting a photo of a government-issued identity document and a selfie for biometric matching.

A deal is expected soon with Experian, which provides identity-checking services to clients including Barclay’s the Co-Operative, HSBC, Lloyds, and the Royal Bank of Scotland.

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Keywords: Experian , Onfido, KYC, customer onboarding, face biometrics, account opening
Categories: Fraud & Financial Crime
Countries: World
This article is part of category

Fraud & Financial Crime