Incode Rolls Out Next-Generation Biometric Identity And Payment Platform

Posted On: 10/28/2019

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SAN FRANCISCO -- Incode has introduced “Incode Omni,” which the company claims is the first omnichannel biometric identity and payment platform.

Incode Omni provides next-generation customers with a wide range of services including the ability to open accounts, authenticate identity, and make payments seamlessly across any channel. The solution is purpose-built to eliminate the friction and incompatibility across many consumer services today. It is designed to scale for a number of industries including financial services, hospitality and marketplaces -- e.g., ridesharing solutions, on-demand work platforms, etc.

The San Francisco-based tech company also announced that it has secured a $10M seed round to fuel the growth and adoption of the platform globally.

“The modern consumer is all about experiences and convenience,” said Incode founder and chief executive Ricardo Amper. “What they want is a seamless, consistent and secure way to perform daily tasks like access their ATM, make payments, and access online accounts. Yet, what they get today is quite the opposite. The ecosystem is fragmented by multiple vendors and devices, making processes clunky and inefficient. That’s precisely why we’ve built Incode Omni: to help companies provide a frictionless, secure and convenient experience for the next generation of consumers.”

Incode Omni is recognized by Gaithersburg, MD-based National Institute of Standards and Technology as one of the best enterprise edge facial recognition technologies and highly differentiated from the traditional biometric companies. Incode says its platform brings together the latest in LiveBeam liveness (passive anti-spoofing software), machine learning and computational photography to provide the most accurate, convenient and secure consumer experience possible.

Incode Omni is modular, offering sets of SDKs that can be combined to build products and is compatible with all architectures (cloud based, or on premises) operating systems and devices -- including mobile Web browsers, and Apple iOS and Android applications.

To significantly speed time to market, Incode also offers pre-built products so organizations can quickly integrate the platform with their existing systems. These address the following consumer use cases:

Onboarding

Incode Welcome onboards users seamlessly via mobile web, iOS or Android applications. For example, users can apply for a credit card or bank account with their face, ID card and an optional video conferencing session through a mobile Web session, or natively on an iOS or Android device.

Incode Greet is interactive kiosk solution that enables organizations to onboard customers and personalize their experience. It uses facial-recognition, liveness detection and ID validation technologies, all brought together to ensure convenience -- both for the organization and their customers -- in a user-friendly kiosk.

Authentication

Incode Hello allows users to log into Web, Android and iOS apps with their face. With Highfive, businesses can own or access user biometrics to allow their clients to meet strong authentication requirements and enable multiple use cases like access to mobile apps, ATMs and real-time recognition at bank branches.

Transactions

Incode Check allows a customer to verify online purchases and transactions with only their face. This significantly reduces valid transactions that would have otherwise been flagged as suspicious or fraudulent.

Incode Facepay lets users make payments using their face and send money to friends with a single photo, as well as enroll and use loyalty programs. It helps companies facilitating onboarding and use of loyalty programs in order to generate and retain users.

 Convenience is a major piece of the puzzle; security is another, Amper added. The Incode CEO cited a recent report by McKinsey the found nearly one billion people globally lack any legally recognized identification, and 6.6 billion people have some form of identification, but more than 50% fail to use it securely and efficiently.

“Our mission behind Incode Omni is to set global standards of digital identity,” Amper said. “We’re starting with financial services, hospitality and marketplaces, but this is just the beginning.”

Incode Omni was built from the ground up with maximum security in mind. Recognized as one of the most secure identity solutions on the market today, Incode applies facial recognition technology to measure the unique characteristics of a person’s face, which can’t be altered or compromised as simply as a password.

Incode applies advanced deep learning techniques to validate IDs including fake checks, tamper checks and liveness checks to detect potential threats.

Additionally, Incode's passive liveness, which doesn't require any action from the user, is designed to prevent spoofing, while enhancing the user experience. Incode stakes its claim as one of the two companies in the world to receive the iBeta PAD liveness certification following NIST standards, and has the only passive liveness technology in the market that doesn’t require any action from the user.