FacePhi integrates facial recognition tech into Bantotal products

Thursday 23 August 2018 08:54 CET | News

FacePhi has teamed up with Bantotal, a software developer for financial institutions, to integrate facial recognition technology into Bantotal products.

Bantotal is a banking market leader in Latin American, according to Biometric Update. FacePhi delivers biometric products to the financial services sector. The company’s Selphi solution uses a standard smartphone camera for biometric verification, allowing banks to comply with ‘know your client’ regulations on a smartphone.

The Spain-based mobile biometrics specialist saw a 307% gain in profit in 2017 and now claims more than 20 banks among its client roster, including two of the world’s biggest institutions, HSBC and ICBC, the online publication continues.

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Keywords: FacePhi , Bantotal, HSBC, ICBC, Latin America, Spain, biometrics, Selphi, facial recognition, Europe, partnership, fraud prevention, banks
Countries: World

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