iProov to Provide Biometric Technology for Estonia’s Digital Identity Program

General News

Summary

Through conformance to EN 319-401 (and other standards), the certification confirms that the facial verification service provides ‘equivalent assurance in terms of reliability to physical presence’; a huge step forward for the industry. This is the first time that this “high” level of eIDAS certification has been awarded to any solution which includes services delivered in the cloud, or reliant on machine learning, or based on biometric authentication. This is absolutely critical to long-term economic and social development worldwide.” “ Tens of thousands of people will be updating their Smart-ID accounts in the next few months,” said Kalev Pihl, CEO of SK ID Solutions. In addition, the high-resolution face-image from the chip enables secure facial matching.” iProov’s unique patented technology provides governments, banks and other enterprises with genuine presence assurance, allowing them to authenticate users remotely on smartphones or other devices. Its technology is used by banks and governments around the world for secure customer onboarding, logon and authentication, to ensure new and returning users are genuine, and to guard against fraudulent attempts to gain access to personal data.

Classifications

industries
Fintech & Banking
applications
Governance, risk and compliance

AskAI Classifications

Labels
Biometrics Authentication Software Identity Verification

Linked Companies

iProov Ltd
$1M to $5M