KYC English news | KYC, Latest News & Live Updates in English | English News (Latest English News) at Lokmattimes.com

, a Silicon Valley based AI company that provides KYC solutions, recently announced that they ranked fourth globally for contactless travel of passengers in a tie with the first three algorithms on the National Institute of Standards (NIST) FRVT Paperless Travel leader board.This validates that HyperVerge's facial recognition technology is among the most advanced in the market.Amongst Identity verification companies, HyperVerge is far ahead of its competition in all the geographies they operate in.Globally, it has surpassed some big companies like NTech Labs, Clearview AI, Incode and NEC.Their scores are currently tied with Paravision, SenseTime & VisionLabs. They rank 1st in India & SEA, 2nd in US & Europe, and 3rd outside China.Apart from this benchmark, HyperVerge's facial recognition systems can compare a face against hundreds of millions of records in real-time. These breakthroughs allow HyperVerge to power multiple use cases for their customersAs airports slowly move towards contactless travel for passengers, HyperVerge is well-suited to become a worldwide leader in kiosk-based self-check-in leveraging face biometrics. They have ranked in the top 10 globally on the "Visa Kiosk" leaderboard of FRVT 1:N, apart from ranking 4th on the Paperless Travel leaderboard.They can power entirely automated Pay-by-Face solutions at kiosks and retail outlets that necessitate incredibly high reliability.Banks, digital lenders, securities & brokerages, crypto-exchanges can detect fraud with increased accuracy while onboarding new consumers.In addition to this, HyperVerge is also only 1 of 3 companies globally with Level-1 ISO-30107 certification by iBeta for its .HyperVerge's rankings on the NIST FRVT leaderboard can be found at and more analysis on their submission .HyperVerge is a leading provider of identity verification and KYC solutions. It has verified more than 500 million identities till date. HyperVerge's AI models lead the market on accuracy and recall values, precisely optimized for deployments in low bandwidth environments. Their deep-learning networks drive applications for large enterprise clients in industries like BFSI, crypto, telecom, e-commerce etc.This story is provided by PRNewswire.will not be responsible in any way for the content of this article. (ANI/PRNewswire)( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

KycFOLLOW

Kyc, Latest News

The Bollywood actress Aastha Ssidana despite of not sharing a one time password (OTP) Rs. 1.6 lakh got debited ... ...

Two persons were arrested for cyber fraud as they allegedly duped people by sending fake KYC links to update bank accounts, Telangana Police said on Friday. ...

Aurangabad, July 24: The cyber fraudsters duped the principal of Vijendra Kabra College of Social Work of Rs 90,000 ... ...

New Delhi, June 17 Three cyber criminals, who used to cheat people on the pretext of updating their ... ...

Cropin, the agritech pioneer, building the first global Intelligent Agriculture Cloud, announced that it has set up a new AI Labs. With an initial team of 30 members comprising Earth Observation Scientists, Data Scientists, Agronomists and AI/ML Rese ...

By Dhiraj Beniwal New Delhi [India], February 5 ; An 80-year-old woman has approached the Delhi High Court to ... ...

HyperVerge, a Silicon Valley based AI company that provides KYC solutions, recently announced that they ranked fourth globally for contactless travel of passengers in a tie with the first three algorithms on the National Institute of Standards (NIST) ...