FinovateEurope 2019 / iProov
Presenter Profile:
How they describe themselves: iProov creates digital trust with our strong biometric authentication solution. Our approach to verification achieves unmatched security through its resistance to all known forms of identity spoof attack, including photo-realistic artificial video. iProov has been used for secure customer onboarding with our ID Matcher product, and repeat strong authentication with our Verifier product. We have achieved wide recognition globally and our products are being used in production by governments and top-tier banks.
How they describe their product/innovation: iProov’s contactless mobile palm authentication offers an extremely simple yet highly secure means of authentication without the need for any specialist hardware. It combines highly accurate deep-learning based palm matching with iProov’s unique patented anti-spoofing technology, which ensures genuine presence without requiring any complex actions from the user. The solution provides the ability to use a personal device as a separate authentication channel, for PSD2 SCA, ATM authentication or for physical access. It can also be used in conjunction with iProov’s face-based products, Verifier and ID Matcher, to create a multi-modal solution.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
Contacts
Bus. Dev.: contact@iproov.com
Press: Connor Mitchell, Consultant, Tyto PR, connor.mitchell@tytopr.com, +44 7564 114 624
Website: iproov.com
LinkedIn: linkedin.com/company/iproov
Twitter: @iProov
HQ: London, UK
Founded: November 2011
Product Demoed: iProov Palm Verifier
Metrics: We are a team of 25 based in London. Despite being a scale up, we are already cash flow positive. We have received funding from the EU and currently, we are the organisation that has been awarded the highest number of grants by Innovate UK.
Presenters: Andrew Bud (CEO & Founder), Gabriel Turner (Product Manager)
- Key Executives
Andrew Bud (CEO & Founder), Dominic Forrest (CTO), Andrew Newell (Research Director), Joe Palmer (Technical Director), Matthew Pearch (Commercial Director), Aarti Samani (Product & Marketing Director)
Key Stats
- Key Board Members
Andrew Bud (Chairman), Peter Sugarman (Non-Executive Director & COO, JRJ Group), Eddie Alleyn (Non-Executive Director & Former Chairman, HMGCC)
- Key Investors
Jeremy Isaacs (JRJ Group), Roger Nagioff (JRJ Group), Peter Sugarman (JRJ Group), Dr. Jordan Giddings (UK Government), Patrick Ryan (Former CEO & Founder, KYCnet/Equiniti)
- Key Advisory Board Members
Professor Angela Sasse (Chief Scientific Advisor, UCL)
- Key Partnerships
DNB ID Solutions, GBG, Forgerock, Microsoft, Mitek, Microblink, InnoValor
- Key Customers
UK Home Office, U.S Department of Homeland Security, ING, Rabobank, DNB