Archive for Veridas

Veridas Joins Security Industry Association (SIA) 

Posted in Commentary with tags on September 25, 2023 by itnerd

Veridas, a technology company specializing in digital identity and biometrics, today announces its new membership in the Security Industry Association (SIA), a leading trade association for global security solution providers.  

SIA aims to promote success in the global security industry by providing information, insight, and influence. Since its launch in 2012, Veridas has established a worldwide company aimed at enhancing lives by guaranteeing people’s right to use their real identities in the digital and physical world.   

The world’s leading association for security solutions, SIA provides education, certification, standards, advocacy and influential events that connect security leaders and experts who shape the future of the security industry.  SIA protects and advances its members’ interests by advocating for pro-industry policies to establish transparent industry standards which facilitate seamless integration. 

While the security industry is on the brink of transformative opportunities, it continues to grapple with the proper roadmaps to harness new abilities, including AI, for good. One of the most promising areas for opportunity is in biometrics and its ability to uniquely identify individuals through biologic traits, enhancing both security and the user experience. Veridas, as a pioneer in biometric solutions, recognizes the potential of biometrics in revolutionizing identity verification and access control. 

Veridas’ innovative solutions and experience can serve as a valuable resource for SIA members seeking to understand and implement biometric technologies effectively and ethically. This mutually beneficial relationship allows SIA to tap into Veridas’ specialized knowledge while Veridas gains access to a broader industry network and resources. 

For Veridas, the Security Industry Association (SIA) offers a valuable platform for networking and collaboration within the security industry. SIA provides access to critical information, industry insights, and standards that are crucial for Veridas in developing cutting-edge identity and security solutions.  

Veridas will leverage SIA’s influential events and advocacy to shape policies and regulations favoring the ethical and responsible use of biometrics and security technologies. 

Veridas Recognized As A Sample Vendor In The Gartner Hype Cycle For Digital Identity, 2023

Posted in Commentary with tags on September 6, 2023 by itnerd

Veridas, the Spanish technology company specializes in digital identity and biometrics, today announced it has been included as a Sample Vendor in the Gartner Hype Cycle for Digital Identity, 2023. This is the second consecutive year that Veridas has been named a sample vendor for Third-Party Biometrics and Identity Verification. 

According to the Gartner Hype Cycle for Digital Identity, 2023: “Modern society is increasingly digitized. As digital identity becomes fundamental in everyone’s lives, organizations’ identity and access management challenges multiply. The innovations in this Hype Cycle can help security and risk management leaders solve these challenges.”

In the ever-evolving digital identity landscape, Veridas offers innovative solutions that bridge the gap between the physical and digital worlds. Veridas’ commitment to responsible AI and its dedication to aligning machine decisions with human values are at the core of its mission.

According to the 2023 Gartner Hype Cycle, “Identity verification can be a key enabler of remote employee or customer interactions, where a high level of assurance in the claimed identity is needed for fraud prevention or compliance purposes. These use cases can include onboarding or account creation, account recovery scenarios, or elevated trust during a high-risk activity, such as a large funds transfer. This can be an alternative to using an orthodox, credential-based authentication method for such events.” 

Veridas’ remains committed to providing cutting-edge technologies that utilize unique morphological and behavioral traits for identity authentication. These technologies offer a multitude of benefits, including enhanced user experience, improved trust and accountability, and the potential for passwordless authentication. 

Veridas is driving innovation and setting new standards for secure and user-friendly authentication methods. Veridas’ dedication to independent evaluation is highlighted by their regular submission of biometric engines for evaluation by the National Institute of Standards and Technology (NIST). This practice ensures that Veridas’ technology undergoes meticulous scrutiny, allowing it to provide clients with the most objective and transparent insights into the performance of the solution.

Veridas believes this dedication to rigorous evaluation sets Veridas apart with a solid reputation as a trusted industry leader. Veridas’ recent achievement as the second-best facial and voice biometric engine globally, as recognized by NIST, stands as a powerful validation of its technological prowess.

Veridas’ commitment to “Redefine Trust” goes beyond words, delivering a revolutionary end-to-end platform that integrates biometric and document verification, trusted data sources, and robust fraud detection.

For companies seeking identity verification, Gartner recommends users “Manage a carefully considered vendor selection process by following the guidance in Buyer’s Guide for Identity Proofing”. 

Veridas Voice Biometrics Now Available on Genesys AppFoundry

Posted in Commentary with tags on August 29, 2023 by itnerd

Veridas, a Spanish technology company specializing in digital identity and biometrics, today announces its Voice Biometrics Solution is now available on the Genesys AppFoundry™, a marketplace of solutions offering a curated selection of applications and integrations that elevate customer and employee experiences. 

With Veridas Voice Biometrics, Genesys customers can easily identify their users in as little as 3 seconds. No questions. No friction. 

As a 100% proprietary solution, Veridas Voice Biometric revolutionizes call center authentication with real-time voice recognition. Swift and secure, and powered by top-class NIST-rated algorithms, Veridas replaces lengthy knowledge-based verification methods with passive identity verification, utilizing a text and language-independent solution that provides a seamless customer experience. 

Veridas developed an integration of its Voice Biometrics solution in Genesys Cloud CX to provide customers with a secure and streamlined authentication experience while reducing fraud and improving operational efficiency in contact centers, both in IVR and live-agent interactions. In 2021, BBVA, a global financial giant, successfully integrated Veridas voice biometrics through Genesys to authenticate customers.

Veridas application is now available with Genesys Cloud CX, an all-in-one composable solution that helps organizations offer frictionless and connected customer and employee experiences. As a modern, API-first experience orchestration platform, Genesys Cloud CX enables organizations to coordinate every interaction and touchpoint through a full suite of omnichannel options, built-in employee experience, turnkey AI and end-to-end journey optimization.

To learn more about the specific features and benefits of Veridas Voice Biometrics solution, visit our AppFoundry listing

Veridas Drives Biometric Inclusivity Mission by Joining OIX Community

Posted in Commentary with tags on August 22, 2023 by itnerd

 Veridas, a leading global provider of AI-driven identity verification solutions, is pleased to announce it has joined Open Identity Exchange (OIX), a global community driving positive and inclusive developments for trusted digital identities. 

Veridas Digital Identity Verification and Biometrics Authentication solutions provide both facial and voice verification and authentication, utilising the natural, inclusive features of all users. 

Serving organisations across 25 countries, Veridas is solving one of the most urgent security issues their customers worldwide have today – simplifying access for legitimate users while blocking digital attacks and physical breaches. 

Veridas was recently ranked as one of the top four best biometrics providers in the world, according to the National Institute of Standards and Technology (NIST). Its technology uniquely addresses an ever-apparent privacy issue, ensuring its customers are consistently compliant with emerging data privacy laws. As such, Veridas is the partner of choice for many banks, retailers, contact centres and government agencies in the most rigorous of environments, including the EU and the US.

Growing rapidly as an organisation, Veridas envisions a future without passwords, where everyone can privately, securely and voluntarily use their identities in both digital and physical environments. By joining the OIX community, Veridas can contribute to and collaborate with OIX’s global networks to exchange knowledge, share best practices and engage in joint projects. This strategic alignment further positions Veridas as a trusted provider of biometric identity verification.

To help support the understanding and adoption of digital ID by organisations that will come to rely on it, the OIX is holding its #IdentityTrust2023 Conference on Thursday 28th September 2023 in the South Bank wing (3rd floor) of London’s iconic County Hall, which served as the headquarters of local government for London for 64 years until the late 1980’s. 

Veridas Facial Biometrics Receives LenelS2 Factory Certification under the LenelS2 OpenAccess Alliance Program

Posted in Commentary with tags on August 2, 2023 by itnerd

Veridas, a Spanish technology company specializing in digital identity biometrics, today announced that it has received LenelS2 factory certification and joined the LenelS2 OpenAccess Alliance Program (OAAP). Veridas Facial Biometrics Access Control interfaces with the OnGuard® access control system to provide an improved customer access and visitor management experience through touchless and seamless entry.    

About Veridas Facial Biometric Access Control   

Veridas facial biometric visitor access control management platform makes it easy for visitors and employees to self-register remotely or at the reception desk by capturing their ID card and selfie.  

The system verifies the visitor’s identity and generates a private and non-transferable biometric access credential.   

Once the visitor reaches the installation, they approach the Veridas biometric terminal at the entrance and show their faces and/or biometric QRs. The terminal authenticates them in less than a second and allows them to enter, thanks to the connection with the LENEL access system.  

Learn more at www.veridas.com

Veridas Expands Global Presence, Appoints Kevin Vreeland as North American Territory General Manager

Posted in Commentary with tags on July 25, 2023 by itnerd

Veridas, a Spanish technology company specializing in digital identity and biometrics, today announces the expansion of its North American team with the appointment of Kevin Vreeland as General Manager.   Veridas continues to position itself as a trusted source in the North American identity verification landscape and is now poised for further expansion in new markets under the advisement of Kevin Vreeland. As a consolidated identity player, Veridas has firmly established itself as a reliable sole identity provider, offering a comprehensive suite of cutting-edge solutions, including Identity Verification (IDV), Age Verification, and Face & Voice Authentication that are fully compliant with the stringent requirements of the American market, consistently meeting the highest standards set forth by regulatory bodies.

Veridas’ unwavering commitment to excellence is evident through its recent evaluation by the National Institute of Standards and Technology (NIST), affirming its position as number two in face & voice authentication worldwide. With its solid reputation as a significant player in the USA and Kevin’s invaluable expertise, Veridas is primed to spearhead the deployment of its advanced identity verification solutions, catering to the ever-evolving needs of businesses across various industries.

Kevin Vreeland, experience in global business development

Kevin Vreeland has over 30 years of experience developing new markets and use cases, building alliances and affiliations, and implementing cross-functional sales and support processes and procedures. Vreeland joins Veridas following a 10 year tenure at Acuant, where he held the position of VP of Worldwide Sales, building an impressive legacy in commercial operations spanning the US and various other international markets.

Kevin Vreeland is joining in a pivotal time, as the need for an advanced identity verification solutions in burgeons throughout various industries. In the last 12 months alone, 90% of organizations have reported an Identity-related breach, according to the Identity Defined Security Alliance. With the identity and security market estimated to grow by over $42 billion by 2027,Veridas aims to cater to the ever-growing demand for secure, seamless identity solutions. 

Veridas Expands Its Age Verification Solution

Posted in Commentary with tags on June 8, 2023 by itnerd

Veridas, a leading global provider of AI-driven identity verification solutions, is proud to announce the expansion of its groundbreaking Age Verification product. Designed to help businesses meet stringent age verification regulations, this cutting-edge solution combines biometric verification and artificial intelligence to deliver accurate and efficient age verification services.

Veridas’ existing Age Verification solution now comes equipped with Age Validation capabilities, which only require a simple selfie. This new component will allow our customers to drive age verification processes that respect their users’ privacy by not requiring them to show or send any personal data, such as identity documents.

In an era of tightening regulatory restrictions, businesses face increasing pressure to comply with age verification laws or face severe penalties, including fines and legal actions. Veridas’ Age Verification product offers a seamless and reliable solution, empowering businesses to verify customer ages quickly and confidently.

A growing regulatory context for greater child protection

Regulatory bodies worldwide are increasingly focused on implementing measures to safeguard children in the digital era. Stricter age verification requirements are enforced for online platforms, including gambling, social media, adult sites and marketplaces. Failure to comply with these regulations can lead to significant penalties and legal consequences.

In the United Kingdom, regulations such as the Gambling Commission’s License Conditions and Codes of Practice and the recently introduced “Age Assurance” provision of the Children’s Code emphasize age verification to prevent underage access to online platforms and protect children from age-inappropriate content. In the United States, individual states are taking proactive measures to address age verification and child protection online. Examples include Louisiana’s law requiring age verification on pornography websites and Arkansas’ Social Media Safety Act. Federal proposals, such as the Mature Act and the Kids Online Safety Act (KOSA), seek to introduce national regulations and age verification standards for online platforms.

These UK and US regulations highlight the ongoing efforts to establish comprehensive age verification mechanisms and ensure enhanced child protection measures in the digital landscape.

Veridas Age Verification for Businesses: Swift, Reliable, and Secure Solution

Veridas offers an advanced Age Verification solution designed to benefit businesses and enhance customer experiences with:

  • Swift and Reliable Verification:
    Our biometrics-based solution ensures quick age verification, mitigating fines and reputational damage while delivering fast and frictionless customer access experiences.
  • Increased Customer Acquisition:
    Streamlined age verification processes enhance user experiences, reducing friction and boosting customer acquisition with a quick selfie backed by our Real-Identity Platform.
  • Protected Reputation:
    Veridas’ advanced technology safeguards businesses from compliance breaches, protecting their brand reputation and ensuring trust by meeting age-related regulatory requirements.
  • Simplified Compliance:
    Veridas’ solution prioritizes customer privacy, aligning with evolving data protection regulations and providing an extra layer of trust while simplifying compliance.

Veridas Age Validation: The New Addition to Our Orchestrated Solutions for Tailored Age Verification

Veridas takes a comprehensive approach to Age Verification, combining cutting-edge AI technology, robust anti-spoofing measures and meticulous document checks. As of today, the highlight of Veridas’ offerings is the new Facial Age Validation service, which leverages advanced facial biometrics to determine an individual’s age within milliseconds. This innovative solution can be used independently or orchestrated with other Veridas Age Verification suite components, providing businesses with a guided experience and real-time feedback.

Veridas’ Facial Age Validation service revolutionizes age verification by utilizing facial biometrics. Lightning-fast processing accurately determines whether an individual is above or below the target age. Businesses can seamlessly integrate this service into their verification process, ensuring a guided experience for customers and real-time feedback on age validation.

However, Veridas’ suite of Age Verification solutions goes beyond Facial Age Validation. It includes automated ID document verification, facial biometric checks, liveness detection, database, and government checks. These solutions enhance the overall verification process, ensuring the authenticity of documents, precise identity verification, prevention of fraud through deepfakes or presentation attacks, real-time validation of IDs and selfies, and cross-referencing against official government databases.

Veridas, with its extensive experience in these sectors, has been at the forefront of verifying ages for organizations such as BBVA, Cabify, Renfe, Codere, Sportium, and Alkomprar, among others. By partnering with industry leaders like OneSpan, LexisNexis, and TransUnion, Veridas has demonstrated its commitment to delivering top-notch identity verification solutions.

To learn more about Veridas’ Age Verification Solution and its AI-driven identity verification products suite, visit veridas.com.

Veridas Facial Biometrics Among The Four Best In The WorldAccording to NIST

Posted in Commentary with tags on April 18, 2023 by itnerd

 Veridas, a Spanish technology company specializing in digital identity and biometrics, is positioned in fourth place among the best facial biometrics engines among the nearly 150 algorithms submitted to the evaluation conducted by the National Institute of Standards and Technology (NIST), considered the most prestigious body in the assessment of biometric engines in the world. 

Veridas joins the world elite in this sector. The company from Navarre has achieved its best result in the most demanding category possible: the evaluation of one out of many (1:N) with a sample size (N) of 12 million. Specifically, it has registered a False Negative Identification Rate (FNIR) of 0.0232 for a False Positive Identification Rate (FPIR) of 0.001.

Thus, when searching for a known subject in a database of 12 million records, the Veridas engine will find the correct individual as the first candidate 97.68% of the time. This facial biometric engine is also the same one that is already available in production for the company’s more than 250 Tier 1 customers in more than 25 countries. 

Veridas has achieved iBeta’s most advanced evaluation in life detection

The Veridas engine analyzes a facial image, which is then converted into an irreversible vector, making it impossible to recover the original image if that vector is lost. The vectors obtained from the images are then compared to determine the similarity score between the two images. In addition, the company has achieved iBeta’s most advanced evaluation in life detection, being one of the few companies in the world to hold both Level 1 and Level 2 status.

Veridas is once again at the top of the NIST recognition list. In fact, in the voice biometrics and combined voice and facial biometrics evaluations, the company has achieved second and first place, respectively.

In its commitment to be at the forefront of transparency, auditing and reliability of its biometric solutions, Veridas has been one of the first companies worldwide to perform a ‘Diagnosis on the ethical principles of Artificial Intelligence‘ and has passed the iBeta PAD Level 2 evaluation for its liveness detection technology. Additionally, Veridas has connected its Identity Verification Platform with the American Association of Motor Vehicle Administrators (AAMVA) database to offer their US customers a more robust and secure ID verification solution. 

Veridas Increases Capital by €15 Million; Boosts Global Expansion as an Identity Company 

Posted in Commentary with tags on April 17, 2023 by itnerd

Veridas, a Spanish company specializing in digital identity and biometrics, has announced a 15 million Euro capital increase from its own partners and new positioning as a global identity company, offering solutions for identity management in digital and physical spaces. In addition, Veridas has integrated dasGate into its platform for identity management across the customer lifecycle. Veridas has experienced a 133% growth over 2021 and expects to grow by a further 100% by 2023, with an estimated annual turnover of 26.3 million Euros and a planned workforce of 278 employees.

Veridas is a global company of Navarrese origin that began its journey in 2017 as a joint venture with BBVA. Since then, the company has gained the trust of more than 250 clients in 25 countries, in sectors as demanding as banking, insurance, telecommunications, public administration and more. 

dasGate is now Veridas

In conjunction with the capital increase, Veridas has announced the incorporation of dasGate, which until now had operated as an independent company focused on access management with facial biometrics.

dasGate has achieved major milestones in recent years, from being the first facial recognition access system for football stadiums in Spain to becoming the preferred solution in Spain to prevent minors from accessing gambling halls. Its solution uses facial recognition, both informed and voluntary, which is changing the way attendees access physical spaces including establishments, sporting events, or concerts. Its technology presents a quick way to gain access without the need to carry credentials of any kind, increasing security for organizers and owners who not only know how many people are entering their venues, but who they are.

Veridas is committed to leading the way in the use of biometric technology to comply with data protection regulations. The company believes in the right of citizens to prove, if they wish, their identity in the digital and physical realm using biometrics. However, this does not constitute an obligation.

From that perspective, Veridas offers its solutions in different use cases based on a regulation that has been in place for several years and continues to grow in various sectors (financial, gaming, and trusted e-services providers) and in access to football stadiums.

Through its modular, 100% automated and adaptable solutions, Veridas enables its customers to solve any identification scenario with a single provider. This is possible thanks to its proprietary user authentication technologies such as facial biometrics, voice biometrics and ID document verification.