UniBank Panama integrates Ipsidy’s biometrics tech
UniBank Panama is integrating Ipsidy’s Verified biometric authentication solution with its core banking system, Datapro’s e-IBS.
“We needed a secure but user-friendly solution to provide additional protection for our customers’ online and mobile account access, account change authorisation as well as transaction approval,” says Nicolás Saval, vice-president of technology at UniBank.
UniBank’s launch of Verified is subject to final local regulatory approvals.
With Verified, UniBank customers can just take a selfie for identification purposes, which is then converted into a biometric facial template that is matched against a reference template.
As a result of this deal with UniBank, shares of Ipsidy shot up nearly 8% to $0.17 in midday trade.