I have recently moved to London for work from the Netherlands. In the highly innovative, fintech capital of the world, I expected opening a bank account to be an easy process. I was prepared for London life to be expensive but I didn’t anticipate how difficult it would be to open a bank account to actually pay for something.
Written by Luke Moore, Revenue Director.
Recently, San Franciso has become the first US city to ban Facial Recognition. However, there is a worthwhile clarification to make between Facial Recognition and Biometric Authentication.
Today, an increasing number of traditional problems are solved digitally. For example, opening a bank account from your sofa, rather than trekking down to your local branch (if you can find it). But many services still require a face to face interaction or demand you add yet another password to your quiver. Services like renting a car, accessing your 24hr gym or even crossing a border.
Described as ‘the highest energy demo of the day’ by audience members, iProov’s 2019 Finovate Europe demo was voted ‘Best of Show’ for the second year running.
The 7-minute demo was delivered by CEO, Andrew Bud, and supported by our Product Manager, Gabriel Turner.
Contactless, device independent authentication offers new choice to users.
London, 12 February 2019 – iProov, a leading provider of biometric authentication technology and genuine presence assurance, today announces the launch of its Palm Verifier product at Finovate Europe 2019.
For the very first time, users will be able to use palm verification on any of their personal devices, either as a standalone mode of authentication or as an additional authentication factor, with strong assurance of genuine presence.
iProov today announces that it has successfully passed ISO/IEC 30107-3 conformance review to Level B against the US National Institute of Standards and Technology (NIST) standards for genuine presence assurance (also called ‘Presentation Attack Detection’ (PAD) or ‘liveness’). The review was undertaken by the UK national standards laboratory, the National Physical Laboratory (NPL). It is the UK counterpart of NIST.
NIST SOFA-B is a framework for assessing solutions against a range of spoof attacks, where Level A is the simplest and Level C is the most aggressive, sophisticated and expensive to mount. Different organisations have different approaches to testing. NPL and iProov have adopted statistical measures of performance based on large, real-world data sets. iProov did not only successfully pass Level A and Level B testing, but also many tests extending into level C, the first company to report doing so.