Identity verification platform Onfido and telecommunications operator Moflix have partnered to help mobile provider yallo launch a new digital mobile subscription.
The yallo swype solution is Switzerland’s first fully digital mobile subscription, which lets customers to easily onboard onto a network contract remotely and pay a one-time low fee, it claims.
By working with Onfido, the solution boasts a streamlined identity verification process which lowers onboarding times by 90%.
Leveraging AI, Onfido enables a user to verify their identity by taking a photo of their government-issued identity document and a selfie. The technology will then assess whether the images are real and if they are a match.
Onfido CEO and co-founder Husayn Kassai said, “Modern telecommunication organisations, such as Moflix and yallo, understand the need for a new verification approach that meets regulation and provides strong fraud protection while creating a positive user experience.
“We’re thrilled to have partnered with Moflix and yallo swype, the first 100% digital-first telecommunications brand, to power a secure onboarding process connecting them to more customers as they continue to scale.”
Last month, Onfido deployed its onboarding technology to UK-based cryptocurrency banking app Mode. The FinTech, which gives users a place to buy, store and manage Bitcoin, is using Onfido to ease compliance burdens.
Copyright © 2020 FinTech Global