PR.com: Business Directory, Press Releases, Jobs, Products, Services, Articles
 
Businesses Articles Press Releases Follow @PRcom
Press Release Pricing | News by Category | News by Country | News by US Region | Recent News | PR.com News on Your Site
 

Press Releases

 
BioID

Press Release


Receive press releases from BioID: By Email RSS Feeds:

BioID Partners with Worldcore for Biometric Online Payments - Face Recognition Offers Secure, Convenient Protection for Financial Services


Nuremberg, Germany, February 15, 2017 --(PR.com)-- Internet financial services provider Worldcore and cloud biometrics developer BioID today announced a joint project in which BioID’s facial recognition will be used to secure Worldcore’s payment platform, adding a second form of authentication called FaceKey.

Worldcore offers a wide array of online financial services for businesses and consumers, including e-commerce purchases, bill payment, debit cards and international money transfers, with flexible account loading and payout options.

“From the earliest days of banking, security has always been a key aspect in the financial services world, but it has unfortunately been associated with an increasingly painful user experience,” said Worldcore CEO Alex Nasonov. “Delivering a simple, intuitive experience for online financial services has always been central to our mission. With our new FaceKey authentication, based on BioID’s advanced face recognition technology, we can extend this philosophy to user authentication.”

Worldcore clients can enable face recognition in their account settings, through a quick process in which a few photos are captured. Face recognition can then be used for account access or to authorize payments and transfers.

“With its broad and flexible offering, Worldcore is a true innovator in the online financial services market, and we are pleased to help them continue to improve their services,” said BioID CEO Ho Chang. “Face recognition represents an excellent combination of security and convenience that is ideally suited to online payments, providing the virtual-world equivalent of face-to-face transactions.”
Contact Information
BioID
Tanya Graw
+49 911 9999 898 203
Contact
https://www.bioid.com
Press contact:
Worldcore
Sean Patterson
+420 777 878 985
pr@worldcore.eu
https://worldcore.eu/

Click here to view the list of recent Press Releases from BioID
Promote Your Business