News

iProov and Cybernetica to deliver digital identity solutions

Wednesday 13 September 2023 15:00 CET | News

UK-based iProov has partnered with Estonia-based Cybernetica to provide digital signing and authentication solutions to government and financial services organisations.

 

The partnership will see the companies collaborate to create a Multi-Factor Authentication (MFA) digital identity solution for government and financial services organisations across the EMEA, LATAM, and APAC regions. Estonia has gained worldwide recognition as a digital identity pioneer since 2014. Cybernetica and iProov have individually contributed to the country's digital identity scheme, which has achieved universal adoption.

iProov has partnered with Estonia-based Cybernetica to provide digital signing and authentication solutions to government and financial services organisations.

The Cybernetica and iProov collaboration enables individuals to use any smart device as a secure means of digital signing and authentication, enabling quick, secure access to digital services and transaction approval. The result offers governments and organisations the ability to obtain a high level of assurance that individuals are who they claim to be, delivering an augmented user experience, and is equipped with enhanced security.

Together iProov and Cybernetica meet a high regulatory standard and certification for security in the European Union, protecting an individuals’ digital identity from the evolving landscape of generative AI attacks, and are providing a solution that is effortless for organisations to integrate.

Cybernetica’s officials mentioned that the integration of their Splitkey technology with iProov's patented Biometric Solution Suite enhances their product by incorporating authentication and digital signing. This results in a resilient and secure digital identity solution for remote onboarding, enabling them to expand in current markets and explore opportunities in new regions.

iProov delivers an effortless user experience with the high levels of biometric security to help prevent fraud, identity theft, and other cybercrime during online onboarding, authentication, and identity verification.

More news from iProov

In June 2023, iProov has announced a partnership with Andorra-based custom software developer Undercoverlab.

Online fraud is increasing, making traditional authentication methods like passwords and OTPs insufficient. Organisations are searching for more reliable alternatives that are trusted, user-friendly, and transparent. Facial biometric authentication is considered a secure and dependable solution for verifying digital identity in real-time. iProov's science-based approach to biometric facial authentication offers protection against various threat actor techniques, from basic presentation attacks to advanced generative AI-based deepfakes.

 


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: biometric authentication, digital identity, fraud prevention, digital onboarding, regulation
Categories: Fraud & Financial Crime
Companies: Cybernetica, iProov
Countries: Estonia
This article is part of category

Fraud & Financial Crime

Cybernetica

|

iProov

|
Discover all the Company news on Cybernetica and other articles related to Cybernetica in The Paypers News, Reports, and insights on the payments and fintech industry: