March 12, 2020 02:18 PM Eastern Daylight Time
TORONTO–(BUSINESS WIRE)–SecureKey Technologies Inc., a leader in identity and authentication solutions, today announces an innovative partnership with global identity verification provider, Onfido. Benefitting from the expertise of two industry leaders, the forthcoming offering will combine Onfido’s physical identity document verification and AI expertise with the real-time authentication and verification capabilities that SecureKey offers over the coming months.
“At SecureKey, we believe strong, privacy-based digital identity requires the collaboration of multiple players and are pleased to continue our track record of developing market-leading digital identity services and offerings alongside like-minded organizations. We’re excited to plan our global expansion, using our digital identity services as interoperable solutions across markets.”Tweet this
“We’re thrilled to leverage Onfido’s best-in-class technology as a complement to our existing technology stack. Our partnership demonstrates positive market movement towards a more secure digital future for consumers,” said Greg Wolfond, CEO, SecureKey Technologies. “At SecureKey, we believe strong, privacy-based digital identity requires the collaboration of multiple players and are pleased to continue our track record of developing market-leading digital identity services and offerings alongside like-minded organizations. We’re excited to plan our global expansion, using our digital identity services as interoperable solutions across markets.”
This enhanced offering is unique in its breadth, it will allow users to scan their physical identity documents, such as passports or drivers’ licenses, and have other personal information verified in real-time from trusted sources, such as financial institutions, credit bureaus, telecommunication companies and government. By bringing together the strengths of these different parties and leveraging the combination of financial institution and telecommunication-grade credential login and document validation, this solution is the critical next step to increase the digital capabilities globally by making identity verification more secure and safe for all consumers.
Onfido’s award-winning technology assesses whether a user’s government-issued physical identity documents are genuine or fraudulent, drawing upon unique expertise in over 4,500 document types from 195 countries, before comparing against facial biometrics. Comparisons are drawn between selfies and physical identity documents to ensure users are who they say they are. To draw these comparisons, Onfido uses an AI hybrid approach.
The first available documents to be authenticated in this forthcoming offering will be passports and drivers’ licences, with provincial healthcare and residency cards expected to follow.
“At Onfido, our mission is to create a more open world, where identity is the key to access. SecureKey clearly shares this same drive to build a more secure landscape where customers can have privacy, security and consent all in one easy-to-use process,” said Husayn Kassai, CEO, Onfido. “We’re excited to watch how our technology will continue to make customers’ lives easier within the SecureKey networks and bring the future of digital identity closer.”
About SecureKey Technologies
SecureKey is a leading identity and authentication provider that simplifies consumer access to online services and applications. SecureKey enables a next generation privacy-enhancing identity and authentication network for connecting people to online services using a digital credential they already have and trust. SecureKey is headquartered in Toronto, with offices in San Francisco. For more information, please visit www.securekey.com and www.verified.me.
Onfido is building the new identity standard for the internet. Our AI-based technology assesses whether a user’s government-issued ID is genuine or fraudulent, and then compares it against their facial biometrics. That’s how we give companies like Revolut, Zipcar and Orange the assurance they need to onboard customers remotely and securely. Our mission is to create a more open world, where identity is the key to access.
Recognized as a global leader in artificial intelligence for identity verification, we’re backed by Salesforce Ventures, SBI Investment, M12 (Microsoft) Ventures, and others. With 350 employees spread across 6 countries, we’ve raised $100m in funding and power verification for 1,500 customers.