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Digital Identity, Security & Online Fraud

FacePhi integrates facial recognition tech into Bantotal products

Thursday 23 August 2018 | 08:54 AM CET

FacePhi has teamed up with Bantotal, a software developer for financial institutions, to integrate facial recognition technology into Bantotal products.

Bantotal is a banking market leader in Latin American, according to Biometric Update. FacePhi delivers biometric products to the financial services sector. The company’s Selphi solution uses a standard smartphone camera for biometric verification, allowing banks to comply with ‘know your client’ regulations on a smartphone.

The Spain-based mobile biometrics specialist saw a 307% gain in profit in 2017 and now claims more than 20 banks among its client roster, including two of the world’s biggest institutions, HSBC and ICBC, the online publication continues.

More: Link
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