Press Release on iPhone X

iProov: Welcome to the dawning of mass-market adoption of facial verification

London, 12 September 2017 – The following is a press release from iProov:

Today Apple launched its latest iPhone. The device includes a new facial verification system which authenticates the phone’s owner using their facial features. This new facial verification system will replace Apple’s Touch ID for unlocking the phone and for authenticating payments made through Apple Pay or iTunes.

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Citi Announces Winners of the Tech for Integrity Challenge Demo Day in Singapore

Citi Singapore Demo Day Winners Tweet12th June 2017, Citi

"Singapore – Citi is pleased to announce the three award recipients from Citi's Tech for Integrity Challenge (T4I) Demo Day held June 9 in Singapore.

T4I is a landmark effort of Citi to encourage technology innovators from around the world to create cutting-edge solutions to promote integrity, accountability and transparency in the public sector and beyond. Awards accorded to the winners include a total of US$5.5 million in kind and cash for the global Challenge

The award recipients from the Singapore Demo Day include:

  • T4I Award - iProov, London, United Kingdom The iProov Verifier solution secures online authentication using face matching, uniquely protected from replicas and replays with patented One Time Biometric technology.

  • Peer Choice Award - identitii, Sydney, Australia, and iProov, London, United Kingdom identitii helps banks share information over existing financial messaging systems like SWIFT to improve financial crime compliance.
    The iProov Verifier - please see above

  • Audience Choice Award - Sqreem Technologies & Synechron, Singapore
    Sqreem fuses structured and unstructured data to provide an early warning system for anomalous behavior that may indicate financial crime. "

 

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Acuity Brings Biometric Debate to K(NO)W Identity Conference

Know Identity logo17th May 2017, Find Biometrics

"The inaugural K(NO)W Identity Conference is underway in Washington, DC, and as one would expect from an event aimed at shaping the future of identity, biometrics are playing a major role. Biometric authentication is being taken for granted in many of the conversations occurring at K(NO)W, often with fingerprint authentication on a smartphone mentioned as a run-of-the-mill login option, but when it comes to the deep discussions on biometrics, research firm Acuity Market Intelligence is doing much of the heavy lifting."

iProov's Founder & CEO Andrew Bud spoke at the conference as part of the 'Convenience, Security, And The Next Step For Biometrics’ panel hosted by Acuity Principal Maxine Most on day two of the event.

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Citi Unveils Finalists to Showcase Integrity Solutions to Citi & Ally Executives, Government Entities & Special Guests

Citi T4I logo12th May 2017, Let's Talk Payments

"Announced in February 2017, Citi Tech for Integrity (T4I) Challenge a global initiative to source solutions to promote integrity, accountability, and transparency in the public sector – brought together 80+ allies and contributors including governments, regulators, Fortune 500 Tech companies, international NGOs, and local allies.

The T4I Strategic Allies include PwC, IBM, Mastercard, Let’s Talk Payments, Microsoft, Facebook and Clifford Chance. The T4I Government Sector Allies include Abu Dhabi Global Market (ADGM), the Indian government’s Ministry of Electronics and Information Technology, Monetary Authority of Singapore (MAS), Mexico Digital, and the Government of Argentina.

Approaching the culmination of the challenge, Citi is proud to unveil 103 finalist solutions in EMEA, APAC and LATAM regions that will present at the Demo Days and showcase their integrity solutions to Citi executives, ally executives, government entities and special guests in six locations around the world."

iProov will be presenting at the Citi T4I Demo Day in Singapore June 8–9 2017.

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FCA TechSprint March 2017

21st March 2017

On the 14th & 15th of March, members of the iProov team participated in the 3rd two-day TechSprint organised by the Financial Conduct Authority (FCA) and hosted by PwC on the theme of "Money and Mental Health".

The FCA is working with the Money and Mental Health Policy Institute to achieve real change by bringing together financial services and technology organisations, encouraging the industry to come up with practical innovative solutions that address the challenges faced by those with mental health problems and their financial services providers.

The solutions developed collaboratively over the two days by cross-organisational teams including developers and designers from iProov, Monzo, Aire, Hitachi Data Systems, Lloyds Banking Group and Nationwide Building Society included "the NIV-Bot" (a chat bot which allowed users to delegate access responsibility using iProov), "MoneyBuddy" (a solution to help enable better financial decisions, including a trusted buddy, user mood feedback, and improved user accessibility) and "Money Jars" (allowing users to set aside their fixed monthly costs in protected "jars").

FCA TechSprint iProov Media

FCA TechSprint iProov Media