FacePhi reveals biometric onboarding contract in Panama

Wednesday 5 February 2020 12:24 CET | News

FacePhi has announced a new contract to provide Panama-based Credicorp Bank with facial biometrics for digital customer onboarding.

As part of the agreement, Credicorp will use SelphID to facilitate the user experience and security of its onboarding processes through the web and iOS or Android-based mobile phones. The Spain-based biometrics company entered Panama’s financial services market in 2019 with three contracts, while Credicorp has already positioned itself as a reference agent for ecommerce and online payment transactions.

Moreover, Biometric Update reports that the company had the highest-growth value on the Spanish Stock Exchange over 2019. FacePhi also reached a series of international agreements, and arrived on the Asian market. The company attributes its stock value to those developments and projections for its biometric tech sales.

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Keywords: FacePhi , biometrics, onboarding, Panama, Spain, facial biometrics, customer onboarding, security, financial services, ecommerce, online payments, stock
Categories: Fraud & Financial Crime
Countries: Panama, Spain
This article is part of category

Fraud & Financial Crime