The partnership supports MoneyNetint’s online security procedures so users can verify their banking identity wherever they are in the world. The UK e-money company provides cross-border money transfers and exchange services for corporate clients. Onfido’s selfie verification processes can also assist them navigate the complexities of global regulation.
Onfido’s end-to-end IDV service verifies customers wanting to send and receive money using a photo of their identity document (ID) and a selfie or live video. Onfido’s technology first checks their ID is genuine, then compares facial similarity to ensure a match against their ID document, it then cross-references the ID against international watchlists.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.