Biometric identity technology developers Daon has announced a new partnership with CTMS, a digital onboarding and anti-fraud specialist.
The agreement, focusing on France and other French-speaking countries, enables CTMS to provide KYC and onboarding solutions to financial institutions and other industries.
Moreover, partnering with Daon will enable the firm to utilise its biometric and biometric liveness security technologies.
“As Daon’s integrated platform for biometric-based digital onboarding and authentication IdentityX® continues to expand internationally and across various business sectors, we are excited to partner with CTMS and share in its mission of bringing security and fraud prevention to financial institutions and other industry players in France and on the global stage,” explained Tom Grissen, CEO, Daon.
Daon has recently launched its new biometric-based digital onboarding product that incorporates features such as smart fraud detection and anti-spoofing.
The smart fraud detection feature also includes a biometric watchlist that monitors multiple attempts at account openings with matching identities/fingerprints.
“With the extraordinary increase in digitalisation, CTMS must meet the security needs of financial institutions and all the other industries facing identity and documentary fraud. Biometrics is one of those answers,” added Christophe Dolbeau, CEO, CTMS.
“It concretely helps the fight against fraud, allows us to provide an even higher degree of security to our customers while facilitating the journey of users. Our partnership with Daon enriches our offering with the best of biometric technologies, complementing our leading anti-fraud position.”