«For Veridas, the alliance with InntechData enables us to grow in emerging markets such as Chile and Peru and allows us to reinforce our leadership in the Mexican market,» said Ignacio del Castillo, Director of Strategic Alliances at Veridas.
«It is an honor for InntechData to partner with Veridas to strengthen our growth strategy in Latin America. Our customers will have the best global solution to digitally verify people’s real identity based on voice biometrics, facial biometrics, and artificial intelligence. Certainly, these technological breakthroughs will improve people’s quality of life,» says Enrique Medina, CEO of InntechData.
Both companies are leaders in their respective technology markets. InntechData specializes in technology integration in large accounts, with the financial and telco sectors as its core business.
And to expand its business throughout the Latin American region, it has chosen to add the solutions of Veridas, a leading Spanish company that develops biometric software for the verification of people’s identity through their voice, face, and official documents. With more than 50 million identity verifications worldwide in just four years, Veridas has accumulated the experience of working for brands such as BBVA Spain, BBVA Bancomer, Deutsche Telekom, Bankia, Caixabank, Prosegur, Catalana Occidente, or Ventocom, among others.
Veridas’ leadership in the biometric industry is based on its efficiency and speed in verifying people’s identity. A clear example is its voice solution evaluated by the NIST (National Institute of Standards and Technology). Its customers verify the identity of their users with only 3 seconds of voice, with an accuracy of more than 99.9%, and the detection of pre-recorded voices. This allows companies to prevent fraud, increase security, optimize costs in the registration and customer verification processes and improve the user experience.