Nuggets recruits Onfido for onboarding

Source: Nuggets

We’re delighted to announce that we have agreed to a strategic partnership with global identity verification provider Onfido.

We’ll be using Onfido’s technology to verify and onboard users to our platform. We have been testing for a number of months with our users and our partners and have received great feedback.

 

Onfido’s AI-powered ID verification service offers ID verification on mobile, iOS and Android with liveness detection. Users simply take a selfie and a photo of their identity document; Onfido first checks that the government ID is genuine, and then matches it to the user’s face. This ensures the person presenting the identity is its legitimate owner, and is physically present.

 

Whilst we have developed the platform to be KYC agnostic, so that we can work with multiple KYC products — we feel that Onfido is a great partnership for us. Our vision for a decentralized future, self-sovereign identity, data and payment, facilitated by blockchain technology, works well with the identity verification services Onfido offers. We’re looking forward to collaborating.

 

On the partnership, Husayn Kassai, CEO and co-founder at Onfido, said: “We firmly believe that the days of centralized models are numbered and that the way forward must allow for greater security and privacy, as Nuggets has been able to achieve. We’re excited about this opportunity to work with Nuggets to evolve a self-sovereign identity solution, which users can use to verify their identity. By collaborating and sharing resources, both companies can help accelerate change.”

 

You can download Nuggets with the new onboarding process now and stay tuned for our public beta, which will be released with LatPay soon.

 

This partnership follows yesterday’s exciting news that we have been shortlisted for five categories in the 7th annual Payments Awards which recognises payments “excellence and innovation”. The nominations include:

 

Best Online Payments Solution — Consumer
Best Alternative Payments Project
Best Use of Biometrics
Blockchain or Cryptocurrency Initiative of the Year
Payments Innovation of the Year

 

Recognised alongside industry heavyweights such as NatWest, HSBC, Coinbase and Starling Bank and as one of only a couple of companies listed across so many categories, we are delighted to see the industry’s interest in Nuggets’ potential. The awards will be held in London on 13th November.

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