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