Breaking News
Orokii Partners with Facephi for a Seamless and Better User Onboarding Experience
Orokii, a Fintech that provides P2P and B2B payment remittance solutions for its customers to transfer money instantly nationally and internationally, has launched a new digital identification using Facephibiometric technology. The new solution provides its customers with a seamless and better user onboarding experience with enhanced security.
Orokii customers can now open an account and start carrying out transactions with their mobile phones after onboarding with Facephi’s technology. Using the unique and non-transferable biometric pattern obtained from the users’ faces with a selfie, Orokii can identify them securely, significantly improving user experience.
Orokii thus minimizes the risk of identity theft fraud, the main threat to the financial sector. “Implementing Facephi biometric technology for onboarding and fraud prevention provides Orokii with two essential elements – better user experience and a significant reduction in identity fraud with tampered credentials,” according to Bisi Adedokun, founder and CEO of Orokii.
For Facephi, implementing this project is “an important step for introducing ourselves into the US, an exciting market with great growth potential and a very mature fintech industry. This is one of the main verticals defined in our expansion strategy. We will continue to explore possibilities in North America,” said Javier Mira, CEO and Chairman of Facephi.
- AutoRek & Microsoft: Why Strategic Partnerships Matter in Finance Read more
- Cathay Pacific Expands Global Partnership with Adyen Read more
- MAS Partners Industry to Develop AI Risk Management Toolkit for the Financial Sector Read more
- Novidea Releases Updated Version of Its Insurance Management Platform with Significant Enhancements Across Policy Administration, Bordereaux, Claims and Accounting Read more
- CV5 Capital and Formatnull Investment Management Prepares Launch Cayman-Domiciled Digital Asset Hedge Fund Read more
Cathay Pacific Expands Global Partnership with Adyen
Adyen announced the expansion of its longstanding partnership with Cathay Pacific with Adyen now providing direct acquiring services for the airline
MAS Partners Industry to Develop AI Risk Management Toolkit for the Financial Sector
MAS announced the successful conclusion of phase two of Project MindForge[1], which culminates in the publication of an AI Risk Management Toolkit for the financial services sector
Novidea Releases Updated Version of Its Insurance Management Platform with Significant Enhancements Across Policy Administration, Bordereaux, Claims and Accounting
Novidea announced its latest product release which will enable users to reduce manual rework, improve data integrity, and accelerate high-volume processing
CV5 Capital and Formatnull Investment Management Prepares Launch Cayman-Domiciled Digital Asset Hedge Fund
CV5 Capital and Formatnull Investment Management Ltd are pleased to announce the launch of the Formatnull Digital Asset Fund SP, a Cayman Islands-domiciled digital asset hedge fund established on the CV5 Digital platform
Stablecoin Settlement Models Face Compliance and Partner Hurdles, Finds Clear Junction
Nearly half (47%) of payments and remittance firms say compliance requirements are their biggest operational pressure, according to new poll findings from Clear Junction, a global provider of cross-border payments and banking services infrastructure for licensed financial institutions.
Montrose First in Europe to Let Customers Connect Their Portfolio to Their Own AI Interface
Montrose is now the first platform in Europe to let customers connect their stock and fund portfolio to their own AI interface. This means you can ask your AI tool questions about your portfolio, get insights based on your actual holdings, follow relevant news, and prepare trades – always with the customer’s approval and full control.
Finance Leaders Cautious About AI Despite Recognising Productivity Benefits, New Research Reveals
Finance professionals recognise the potential of artificial intelligence to transform their work, but many remain cautious about allowing the technology to operate without human oversight, according to new research commissioned by cloud accounting platform AccountsIQ.
AutoRek & Microsoft: Why Strategic Partnerships Matter in Finance
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Cathay Pacific Expands Global Partnership with Adyen
Adyen announced the expansion of its longstanding partnership with Cathay Pacific with Adyen now providing direct acquiring services for the airline
MAS Partners Industry to Develop AI Risk Management Toolkit for the Financial Sector
MAS announced the successful conclusion of phase two of Project MindForge[1], which culminates in the publication of an AI Risk Management Toolkit for the financial services sector
Novidea Releases Updated Version of Its Insurance Management Platform with Significant Enhancements Across Policy Administration, Bordereaux, Claims and Accounting
Novidea announced its latest product release which will enable users to reduce manual rework, improve data integrity, and accelerate high-volume processing
CV5 Capital and Formatnull Investment Management Prepares Launch Cayman-Domiciled Digital Asset Hedge Fund
CV5 Capital and Formatnull Investment Management Ltd are pleased to announce the launch of the Formatnull Digital Asset Fund SP, a Cayman Islands-domiciled digital asset hedge fund established on the CV5 Digital platform
Pro Global Scales Latin American Hub as Hybrid Model Accelerates Latin America Growth
Pro Global is accelerating its expansion in Latin America, with investment in its regional head office in Argentina as both international and domestic carriers
Dext Launches AI Assist to Automate Everyday Bookkeeping Decisions
Dext today announces Dext AI Assist, a new AI agent designed to help accountants, bookkeepers and finance teams automate everyday bookkeeping