Orokii & Facephi partner to enhance user onboarding experience
By Delisha Fernandes
Orokii, a P2P and B2B payment solutions, announced the launch of a new digital identification using Facephi’s biometric technology.
The new solution provides its customers a seamless and better user onboarding experience with enhanced security. Orokii customers can now open an account and start carrying out transactions with their mobile phones after onboarding with Facephi’s technology.
Using the unique and non-transferable biometric pattern obtained from the users’ faces with a selfie, Orokii can identify them securely, significantly improving user experience.
The company thus minimises the risk of identity theft fraud, the main threat to the financial sector. “Implementing Facephi biometric technology for onboarding and fraud prevention provides Orokii with two essential elements – better user experience and a significant reduction in identity fraud with tampered credentials,” said Bisi Adedokun, founder and CEO of Orokii.
For Facephi, implementing this project is “an important step for introducing ourselves into the US, an exciting market with great growth potential and a very mature FinTech industry. This is one of the main verticals defined in our expansion strategy. We will continue to explore possibilities in North America,” said Javier Mira, CEO and Chairman of Facephi.
Orokii is a US-based company that provides P2P and B2B payment solutions that enable individual users and businesses to send money nationally and internationally. Users send money using the Orokii App at significantly low fees and fast delivery time, lower transaction fees and timely delivery help promote financial inclusion.
Facephi is a secure, quick, and user-friendly technology. Experts in user digital identity verification, specialising in digital onboarding and biometric authentication solutions, and founded to create faster, accessible, and fraud-free digital processes.
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