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Banks, fintechs across Europe, UK, UAE and Singapore ramp up biometric onboarding
July 7, 2023, 3:40 p.m. | Masha Borak
Biometric Update www.biometricupdate.com
Financial institutions across the world are introducing selfie biometrics for onboarding customers remotely, including with a new contract for Sumsub and a contract expansion for Onfido.
Onfido partner doubles ID validations in four years
European payment platform Lemonway says that the number of validated ID documents, wallets and accounts has increased two times within the last four years thanks to Onfido. It is now expanding its partnership with the UK-based biometric identity verification provider.
The companies did not disclose …
banking banks biometric biometrics biometrics news contract customers documents europe expansion face biometrics financial financial institutions financial services identity verification institutions kyc mobile biometrics onboarding onfido partner payment platform ramp selfie selfie biometrics singapore sumsub uae wallets world
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