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News

Innovatrics DOT Fully Digitizes KYC Process of First-Ever Broker in Europe to Use Face Biometrics

Adopting Innovatrics’ digital onboarding platform for instant, fully paperless onboarding of new clients via web interface, Slovakia-based broker, Finax, is on-track to expand to other countries in the region without the added cost of hiring more staff. It is the first ever broker in Europe that utilizes face biometrics for its full KYC (Know Your... Read more

11/12/2019

Innovatrics Sees a Bright Future in Latin America

As the biometrics landscape expands and evolves in Latin America, Innovatrics continues to enjoy impressive market penetration in the region, driven by our unparalleled customer-oriented approach, cost-effectiveness, and high-quality solutions. “The Latin American market may be incredibly vast and culturally diverse, but each country or state shares a common desire for local support, fast response... Read more

10/30/2019

Jan Lunter: ‘In some form, Innovatrics is probably present in every country in the world’

Innovatrics CEO, Jan Lunter, recently sat with TECHBOX and discussed the company’s experiences in deploying its top-ranked technology all over the world. Gracing the cover, he gets candid with the challenges of working in a multicultural dynamic, explains how its customer-driven approach came about, and clears the air concerning privacy issues. Here’s an excerpt of... Read more

9/6/2019

Stay Ahead of the Competition: Become an Innovatrics Partner & Join the Future of Facial Recognition Technology

The Innovatrics Partner Program gives you a competitive edge. As the global facial recognition market is poised to reach $14.95 billion by 2026, it is imperative to choose a technology partner that can take you one step ahead. Innovatrics Partner Program can be your ticket to growth and profitability. For system integrators and independent software... Read more

5/21/2019

Jan Lunter: ‘Thanks to AI, Face Recognition and Biometrics Are Undergoing an Industrial Revolution’

Although face recognition has become a viable technology only in the past two years, it’s already more accurate than a human   “For a long time, we didn’t believe in face recognition as a viable identification technology in our company. It was too error-prone,” says Jan Lunter, CEO and CTO of Innovatrics. His company now... Read more

4/1/2019

Empowering African Societies with the Aid of Multimodal Biometrics Based on ID Schemes

From big cities to small villages, designating an undeniable identity to an individual from the moment of birth is a tremendous challenge. Biometrics plays a crucial role in identity solutions, underpinned by how the technology matures and evolves. Here at Innovatrics, we believe that the adoption of proven practices should be at the forefront of... Read more

1/28/2019

Innovatrics Facial Recognition Algorithm Ranks Ahead of ABIS Providers Following NIST Testing

Our most recent submission to the NIST Ongoing Face Recognition Vendor Test (FRVT) Part 1: Verification (1:1) puts Innovatrics ahead of the pack among all major ABIS providers. We yielded excellent results across all relevant categories, specifically improving our standing in the Wild category. Despite the cutthroat competition, our face recognition technologies continue to score... Read more

12/18/2018

Innovatrics Clinches Partnership with Digital Security Leader, V-Key, to Deliver One-of-a-kind Facial Biometrics Solution

Forming a strategic cooperation with V-Key, a worldwide leader in digital security, Innovatrics continues to empower banks and financial institutions by combining our expertise in delivering secure facial biometrics solutions that allow clients to breeze through onboarding transactions and day-to-day authentication while guaranteeing unparalleled security. With V-Key’s established presence in financial institutions, governments and mobile... Read more

11/15/2018

How Innovatrics Is Shaping Up the World One Verified Biometric Identity at a Time

Regardless if you’re in Europe or Latin America, the Middle East or Africa, Innovatrics knows no borders in consistently delivering tailor-made biometric solutions combined with proactive customer care that safeguard national interests, secure various organizations, and innovate processes that have bettered the lives of over a billion people. Below are some of the many deployed... Read more

10/29/2018

Customers Save At Least 70% Time Using Innovatrics Digital Onboarding

Innovatrics’ Digital Onboarding Toolkit (DOT) is making waves in digital banking as it has been implemented by Raiffeisen Group’s Tatra banka to fully digitalize their customer onboarding process, while enabling existing remote and mobile customers with full account access and functionality. As a result, customers save at least 70% of their time versus physical branch... Read more

9/24/2018

Innovatrics ABIS Ticks All the Boxes for Civil Registry in Panama

The implementation of Innovatrics ABIS to enroll almost 5 million citizens and foreigners residing in Panama into its National Civil Registry under the jurisdiction of the Electoral Tribunal has fulfilled its responsibilities to register vital events, legal acts and consequential modifications that people can make to their civil status.   Read more

9/17/2018

5 Reasons Why Innovatrics Is Your Perfect Biometric Tech Partner

Innovatrics offers smart and practical solutions that leverage biometric technology to overcome obstacles that enable connections across & beyond organizations, transforming how people work and interact, and improving the lives of people across all demographics. Here are the top 5 reasons (among the many others) why Innovatrics stands out among the rest: 1. We Simply... Read more

8/23/2018

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