iProov Wins Finovate Best of Show For Third Successive Year

It is known as fintech’s ‘X-Factor’: at Finovate every year, the world’s most cutting edge technology companies showcase their latest products to hundreds of banks and other financial institutions.

Each technology leader gets 7 minutes to conduct a live demo of their latest product in front of banking technology experts from around the world. The audience then votes for their favorites. It’s not for the faint-hearted.

Last week iProov completed a remarkable hat-trick; we won Finovate Best of Show for the third year running. In 2018, 2019, and now again in 2020, Finovate attendees voted for iProov as a stand-out innovator, providing solutions to meet compliance, fraud, and usability challenges in the financial sector.

This year’s win was for iProov for Kiosk – watch our demo here. Our customers can now use our biometric authentication technology to support secure, high value transactions in low security branches and other physical locations, such as kiosks or unmanned offices. Enterprises that will benefit from both mobile and fixed terminal authentication include banks (for Know Your Customer process and service access), governments (for citizen services and immigration) and travel providers (e.g. airlines, international train services and car hire). Read more about iProov For Kiosk here.

This was the latest in a series of wins for iProov:

• iProov’s remote authentication technology has been extended to iOS users, who can now authenticate themselves using their passports and contactless NFC document reading from our partners Innovalor ReadID
• Over 2.5million consumers have ‘iProoved’ themselves over the past 12 months as they accessed financial and government services, such as the Home Office’s EU Settled Status app
• iProov became the first Genuine Presence Assurance solution in the world whose resilience to all types of attack, including video, has been conformance approved to ISO 30107-3 by a national standards laboratory
• The iProov team has doubled in size, with new offices opening in London and the US.

For more information about iProov’s technology, click here.