Joins other global technology leaders like Facebook and Google in an effort to reduce the world’s reliance on passwords
SAN FRANCISCO, Calif., March 12, 2019 – Onfido, the award-winning global identity verification company, today announced it has been appointed to the FIDO Alliance Board of Directors. Onfido joins other leading global technology companies, financial services and ecommerce board members to help deliver on the Alliance’s vision for global standards-based authentication, to reduce the world’s reliance on passwords.
In partnership with its members, the FIDO Alliance develops open, standards-based specifications for interoperable strong authentication across mobile, web and desktop applications. Through its use of on-device public key cryptography and convenient authenticators such as security keys and biometrics, FIDO Authentication is more secure, private and easy to use than passwords and other forms of strong authentication such as SMS two-factor authentication.
Onfido brings its global expertise in AI-powered identity verification to the Alliance, as well as its market knowledge from partnerships with other established identity organizations such as the Better Identify Coalition. With over 1,500 customers spanning fintech, online marketplaces, car rental, healthcare, gaming and more, Onfido’s end-to-end identity verification service helps keep fraudsters off its customers’ platforms. It does this in as little as 15 seconds by verifying new users at the point of sign-up with a selfie and a photo of their identity document.
“With data hacks providing an abundance of usernames and passwords, traditional authentication methods such as social security numbers and knowledge-based questions are becoming outdated and more vulnerable to attack,” said Parker Crockford, Director of Policy at Onfido. “We’re excited to join the FIDO Alliance board and bring our expertise in identity proofing, biometrics and machine learning to the organization to help establish a more robust, secure way for consumers to be authenticated and for businesses to onboard customers faster.”
“We’re pleased to welcome Onfido to the FIDO Alliance board of directors,” said Brett McDowell, executive director of the FIDO Alliance. “Onfido brings innovative identity verification technology and a dedication to security that aligns with the FIDO Alliance’s mission to develop more secure and convenient solutions that reduce the world’s dependence on passwords. We look forward to their contributions as a board member, especially as we explore standards and best practices for identity verification techniques in the context of identity binding to FIDO device registration and/or device recovery workflows.”
Onfido verifies the world’s identities. We develop AI that sorts true IDs from false, and then compares them against facial biometrics. That’s how we help businesses onboard more customers, more securely. Our technology brings more users onto your platform, driving down fraud risk at onboarding and beyond. Recognised as a global leader in machine learning, we’re backed by Salesforce and Microsoft.
As a team of 250 technologists spread across 6 countries, we’ve raised $60m in funding. We power verification for 1,500 customers including, Bitstamp, Revolut and AllState.
Onfido and FIDO Alliance are and will remain separate organizations, and each have taken and continue to take steps to avoid any confusion between the Onfido and FIDO brands.
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