LONDON & SAN FRANCISCO–(BUSINESS WIRE)–Onfido, the worldwide id verification and authentication firm, right this moment introduced that it has obtained the ‘Notable Vendor’ distinction for ‘Excellent in Biometric Information Evaluation’ within the KuppingerCole Market Compass for Providers of Verified Identity.
Onfido scored sturdy constructive for product Safety, Usability and Deployment, and scored constructive for Interoperability and Market Standing based mostly on analysis standards. KuppingerCole highlights a number of key Onfido strengths that influenced their evaluation:
- Licensed ISO 27001 and SOC 2 Type II compliant
- Accessibility SDKs and concerns for customers with disabilities
- Sturdy go-to-market mannequin utilizing a companion ecosystem to introduce them to a specified geography or market
- Worked with the ICO in its Regulatory Sandbox on grievance dealing with of coaching knowledge
- Cross-checks paperwork towards proprietary compromised doc database
- Onfido know-how is built-in in lots of different id verification options
“Onfido analyzes biometric and liveness knowledge with shut consideration to the trustworthiness of that knowledge. Devoted efforts with the UK’s ICO have labored to determine and scale back algorithmic racial bias. Synthetic Intelligence (AI) fashions are used to detect face insertion, photo-of-a-photo detection, spoofing detection, video submission, and font anomalies,” mentioned Anne Bailey within the KuppingerCole Market Compass for Suppliers of Verified Identification, 2021. “A devoted workforce of AI builders keep and enhance on these capabilities.”
“We’re honoured to be recognised for our product capabilities and market place,” mentioned Kevin Trilli, Chief Product Officer at Onfido. “Our imaginative and prescient is to set the brand new customary for digital entry, and paying shut consideration to the trustworthiness and privateness of knowledge is a essential element to offering our clients one of the best IDV answer available in the market. We remotely show an individual’s actual id by verifying their photograph ID and evaluating it to their facial biometric, utilizing synthetic intelligence and id consultants. This distinction for biometric knowledge evaluation speaks to our devoted efforts in creating a robust hybrid method with report accuracy and lowering the industry-wide difficulty of algorithmic racial bias.”
The KuppingerCole Market Compass supplies an summary of the Suppliers of Verified Identification market, the tendencies that affect the market section, the main use instances, and the important capabilities required of options. KuppingerCole views id verification as an enabler of future id ecosystems that opens up new use instances for enterprises, similar to distant onboarding for workers and companions, distant verification for Know Your Buyer (KYC) and Anti-Cash Laundering (AML), and extra.
Obtain the KuppingerCole Market Compass for Suppliers of Verified Identification here.
Onfido is setting the brand new id customary for digital entry. The corporate digitally proves a person’s actual id utilizing synthetic intelligence (AI), by verifying a photograph ID and evaluating it to the particular person’s facial biometrics. This implies companies can confirm their customers with out compromising on expertise, inclusion, privateness, or safety.
Recognised as a worldwide chief in AI for id verification and authentication, Onfido is backed by TPG Progress, Idinvest Companions, Crane Enterprise Companions, Salesforce Ventures, M12 – Microsoft’s enterprise fund, and others. Onfido has raised $200m in funding, and with over 400 workforce members throughout seven international locations, is enabling digital entry for a few of the largest corporations around the globe.