viewIpsidy Inc.

Ipsidy joins the Temenos MarketPlace that connects banks to innovative technologies

With the addition of Ipsidy’s IDaaS platform, Temenos MarketPlace clients now will have access to a suite of mobile biometric identity solutions

Ipsidy Inc. - Ipsidy Inc joins Temenos MarketPlace composed of some of the world’s leading banks and financial institutions
The marketplace is operated by Temenos AG, a global banking software provider to over 3,000 financial institutions

Ipsidy Inc (OTCQB:IDTY), a mobile biometric identity solutions provider, has joined the Temenos MarketPlace. 

The Temenos MarketPlace is a platform that easily and quickly connects banks to innovative technologies. It’s operated by Temenos AG, a global banking software provider to over 3,000 financial institutions, including 41 of the world’s top 50 banks. 

New York-based Ipsidy said the tie-up with the Temenos MarketPlace is the first in a series of anticipated announcements centered around Ipsidy's new go-to-market strategy -- primarily partnering with companies serving or supporting key technology initiatives for the world’s largest enterprises.

READ: Ipsidy appoints senior Visa executive Phillip Kumnick as new CEO

With the addition of its IDaaS platform, Ipsidy said Temenos MarketPlace clients now will have access to the Ipsidy suite of mobile biometric identity solutions, which deliver seamless protection across the digital identity lifecycle: from identity verification during customer onboarding to strong multi-factor authentication and transaction consent.

Ipsidy noted that banks are seeking to transform outdated customer enrollment processes to digital onboarding solutions and to mobilize customer transactions, strategies only accelerated by the pandemic’s closure of local branches and the related demand for remote, touchless commerce. 

As a result of this technological nexus of trusted identity and digital transformation, Ipsidy said it offers two core products: identity onboarding and proofing capabilities (known as ProofTM) and multi-factor transaction authentication (known as Verified) that seamlessly provide financial institutions with greater security, certitude, and trust when engaging with clients online or via personal devices.

“Ipsidy is pleased to enter into this collaborative partnership with Temenos to deliver our valued identity verification and authentication services to the world’s leading banks and financial institutions.” said Ipsidy CEO Phillip Kumnick in a statement Wednesday.

“Everything starts with trusted identity. Our solutions deliver the highest level of identity certainty demanded by today’s digital world.”

Contact the author: [email protected]

Follow him on Twitter @PatrickMGraham 

Quick facts: Ipsidy Inc.

Price: 0.2225 USD

Market: OTCQB
Market Cap: $122.71 m

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on 11/18/2020

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