Q&A With Christophe Remillet, Founder of OneVisage

by admin on July 1, 2017

LTP Team: What is the problem with two-factor authentication?

Christophe Remillet: On one hand, you have passwords and PIN codes that are painful and unsafe. On the other hand, you have two authentication factors or two-step authentication solutions that are seriously impairing the end-user experience, resulting in >30% of transaction abandonments. So it has to be simpler and safer.

LTP: Are the new generation of millennials more willing to switch to biometric authentication?

CR: Recent reports indicate that 75% of generation Z wants to use biometry. Biometric solutions need to be aligned with the nature of the transaction. For example, low-value payments must be instantaneous and shouldn’t require any specific actions from users, whereas high-value transactions should not necessarily be that fast but should be really secure.

LTP: Banks are slow at adopting biometric authentication. Why? 

CR: There are multiple root causes that are slowing down the process. First, it’s mainly about finding a biometric solution that really preserves five criteria/key values: user-experience, security, universality (aka multi-channels), cost-effectiveness and data privacy. Until OneVisage, no one in the market came with a solution that fulfilled these five criteria. Second, as a matter of fact, most core banking systems were designed +20 years ago, when the concept of multi-channels didn’t really exist at that time. Taking into account the mobile device revolution is a big change and banks need time to adapt their infrastructure and product offerings. Lastly, there are important data protection and privacy regulations that are coming out, which must be taken into account per country, therefore making the whole adoption process complex.

Q&A With Christophe Remillet, Founder of OneVisage

LTP: Why is now the right time to adopt 3D authentication?

CR: In a nutshell, the market is now looking for security and universality. As a matter of fact, we are now in 2017 and there are roughly 50 mobile devices which are fingerprint-enabled out of more than 24,000 mobile devices. If you do the math, you’ll see that less than 18% of mobile device owners worldwide can use this biometric modality. With more than 2.2 billion devices shipped out there, it becomes now urgent to find out a truly universal solution that runs on mobile devices. Facial authentication is the only one that fulfills great user experience, simplicity, cost-effectiveness, and universality. But the industry has focused on 2D-based solutions (2D facial, 2D eyes regions) to ease the user-experience, sacrificing the security. It is now well-known that all of these 2D solutions can be spoofed in minutes or even seconds by just using a picture or video of you. This is where 3D facial authentication is changing the game. 3D facial authentication is redefining the anti-spoofing and hacking limits. As an example, OneVisage is the only one that can guarantee 100% spoof-proofing to any printed or static picture of you.

LTP: Apple and Samsung’s new 3D camera will push banks to 3D authentication. Can you elaborate on this statement?

CR: Yes, you’re right. We are really impatient at OneVisage to see the first mobile devices embedding these 3D cameras. This will be a game changer as it will immediately propose to people the simplest and natural authentication process: an individual will just have to look at the camera to get strongly authenticated in less than one second. It cannot be simpler. The second key benefit will be about totally rejecting any spoofing attacks based on video replay or use of 3D avatars. In other words, it means that it will be impossible to spoof (not to be confused with a hack) such a biometric system, therefore providing a superior level of security than security tokens (which you can exchange or get stolen easily). We expect the accuracy to be so high that identical twins will be distinguished easily.

LTP: Why will OneVisage lead the 3D authentication space for banks?

CR: OneVisage is positioned as an independent 3D biometric solution provider in the market. Banks are looking to fully control solutions and low-coupling to any specific vendor or solution. Using the 3D facial biometric solution of a specific manufacturer will be total nonsense for a bank as it would immediately mean that the bank is depending on that specific solution. And on top of it, the bank would just give its customers database to the manufacturer. This is where OneVisage is acting as an agnostic third party, making the bridge between financial services and manufacturers.

LTP: If OneVisage’s product is successful, how will this positively impact banks in the next five years?

CR: OneVisage’s 3DAuth technology will be a game changer as it will allow financial services to offer higher security than security tokens or other biometric means, enable tens of millions of people to access digital financial services by just using their own mobile device without requiring any specific hardware at the price or even at a fraction of the price of password-based solutions with a strict observation of individual’s data privacy and protection. Banks will allow to nearly eliminate identity theft and make customers have a greater digital banking experience while better protecting their data privacy.

Link to article: https://letstalkpayments.com/q-and-a-with-christophe-remillet-founder-onevisage/

Article by Nicolo Petrone

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adminQ&A With Christophe Remillet, Founder of OneVisage

OneVisage® Breaks Ground by Announcing First 3D Facial Authentication Solution Running on iOS At Money 20/20 Europe

by admin on June 20, 2017

PressRelease-Banner3DAuth™ SDK is first to enable 3D facial authentication on iOS devices, providing secure digital financial services to more than 60% mobile devices owners[i]  


LAUSANNE, SWITZERLAND – June 20th, 2017 – OneVisage, the award-winning and leading 3D facial authentication company today announced that it will unveil first 3D facial authentication solution that runs on iOS platform. As of today, there is no 3D facial authentication solutions available on iPhone or iPad mobile devices. According to market experts, first front 3D cameras and 3D facial verification solutions should be unveiled later, in Fall this year by few major equipment manufacturers.

Today is a special day as we are proud to announce the first full 3D facial authentication solution that runs on iOS mobile devices. Financial services and identity management solution providers are looking to offer the same user-experience and high-level of security to all their customers, regardless if they use an iPhone 6, Samsung Galaxy S8 or Huawei Honor as an example. We can now potentially address more than 60% of mobile device owners in the world – aka more than 1 billion people –  which probably positions us as the most universal and strongest authentication solution in the market.” said Praveen Gajjala, Sales Director EMEA of OneVisage.

Omni-channel management is key for financial services to offer the same experience to customers across branch, mobile and on-line channels. According to 2016 North America Consumer Digital Banking Survey made by Accenture Consulting, only 27% of consumers say that omni-channel experience is seamless.

We listened financial services and learnt that omni-channel and universality are key features. Allowing customers to log in their e-banking account on their laptop or mobile device, by only using their mobile device, is now a must-have feature. Our 3DAuth solution is uniquely poised for being the universal solution to address nearly all authentication use cases for banks, payment service providers and card issuers, regardless the user’s mobile device platform.” said Brian Haverty, Vice President of Sales, Americas.

According to analyst Ming Chi-Kuo interviewed by Business Insider UK in February 2017, Apple’s next generation 3D iPhone camera could reinvent user experience.

We are really impatient to see the first smartphones coming with 3D front cameras, which are foreseen to be unveiled in October-November this year. When combined to our unique 3DAuth technology, such devices will allow instantaneous, very strong authentication, users just making single shot selfies in few hundred milliseconds. Security will be seriously reinforced as it will be impossible to spoof such devices with a video, 3D avatar or virtual reality tool. We believe this will announce the beginning of the 3D facial authentication revolution that will supersede any other biometric alternatives, making passwords and pin-codes things of the past. This will be a major change in our everyday digital live. » said Christophe Remillet, CEO of OneVisage.

CEO Christophe Remillet and Praveen Gajjala, OneVisage EMEA Sales Director, will be exhibiting and meeting with financial services partners at Money 20/20 – Europe in Copenhaguen, Denmark. Christophe and Praveen will provide live demonstrations of the latest OneVisage authentication software developed for financial services, using both iOS and Android mobile devices.

3DAuth SDK for mobile devices is currently available via an exclusive alpha/beta program. Please contact us for further information.

To set up an appointment at Money 20/20 Europe 2017, please visit our website http://onevisage.com/events or send an email at info@onevisage.com or call us: +41 21 566 70 55 (Europe) +1 650 544 4051 (North America).

For general information inquiries, please send an email at info@onevisage.com

 About OneVisage®

OneVisage® is a leading cyber-security company founded in 2013 with offices in Lausanne, Switzerland (headquarters) and Sunnyvale, CA (USA), that enables financial services, Identity & Access Management providers and cyber-security integrators to reduce identity theft and transaction abandonments. Our 3DAuth™ solutions provide higher security, data protection and greater user’s experience than passwords, security tokens or other biometric modalities at a fraction of their prices by using cutting edge 3D facial authentication technology running on consumer-grade mobile devices. OneVisage® has been awarded Edison Awards 2016 – ICT Security Gold medal, Red Herring 2015 Top 100 Europe, CTIA Startup Lab 2015 – Identity Management Winner. OneVisage® is proud to be the only “Swiss Made Software” biometric company and is a member of the FIDO alliance and European Association for Biometrics (EAB) associations.

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All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.

[i] As of June 5th 2017: Android 5.0 (or higher) represents 71.5%, iOS 10.0 (or higher) represents 86%, representing approximately in total more than 60% of mobile devices shipped out in the market. Sources: https://developer.android.com/about/dashboards/index.htmlhttps://developer.apple.com/support/app-store/

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adminOneVisage® Breaks Ground by Announcing First 3D Facial Authentication Solution Running on iOS At Money 20/20 Europe

Startupticker: OneVisage settles in new offices in Silicon Valley

by admin on March 31, 2017

OneVisage, the Swiss-based 3D facial authentication solution pioneer, announces its expansion into North America with a new office in Sunnyvale, CA. The startup also appointed a new Vice president of Sales Americas.

OneVisage is a leading cyber-security company providing 3D facial authentication services to enable financial services, Identity & Access Management providers and cyber-security integrators to reduce identity theft and transaction abandonments. The startup’s 3DAuth solutions provides higher security and greater user’s experience than passwords, security tokens or other biometric modalities at a fraction of their prices by using cutting edge 3D facial authentication technology running on consumer-grade mobile devices.

OneVisage now brings its pioneer services to the United States whilst settling in its new offices in Silicon Valley. In addition to its expansion, OneVisage nominated of Brian Haverty, Vice President of Sales Americas to new offices in Sunnyvale. Brian is a proven Senior Executive with an impressive track record of driving revenue and market share for both start-up and Fortune 500 companies. Brian’s career spans over 25 years leading sales and business development teams at Office Depot, American Express, Ebay, Global Address, Exact Software and Strands Finance.

“I am looking forward to the opportunity to introduce OneVisage’s breakthrough 3D Facial Authentication software into the North American market and beyond. I’m thrilled to help financial services, identity management providers and cyber-security solution providers seriously reduce identity frauds and improve on-boarding processes.” said Brian Haverty, VP Sales of Americas.

“The market is now accelerating and there is a clear shift in the industry with facial authentication. Banking and financial firms are facing urgent needs to replace their expensive, complex and unsafe password schemes. I am really excited to have appointed Brian Haverty to unleash our 3D facial authentication solution in North America and stay close to our customers and partners.” said Christophe Remillet, CEO and the founder of OneVisage.

(RAN)

Link to press article: http://startupticker.ch/en/news/march-2017/onevisage-settles-in-new-offices-in-silicon-valley

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adminStartupticker: OneVisage settles in new offices in Silicon Valley

OneVisage® sets foot in the US with new offices in Silicon Valley

by admin on March 29, 2017

PressRelease-BannerOneVisage, the Swiss-based 3D facial authentication solution pioneer, announces its expansion into North America with a new office in Sunnyvale, CA.


Lausanne, Switzerland, 29th March 2017: OneVisage SA, the award-winning and leading 3D facial authentication company today announces the nomination of Brian Haverty as Vice President Sales Americas.

The market is now accelerating and there is a clear shift in the industry with facial authentication. Banking and financial firms are facing urgent needs to replace their expensive, complex and unsafe password schemes. I am really excited to have appointed Brian Haverty to unleash our 3D facial authentication solution in North America and stay close to our customers and partners.” said Christophe Remillet, CEO and the founder of OneVisage.

The new offices in Sunnyvale will be run by Brian Haverty, formerly VP Sales of Americas. Brian is a proven Senior Executive with an impressive track record of driving revenue and market share for both start-up and Fortune 500 companies. A results-driven leader with a distinguished career building scalable sales and business development organizations. An accomplished professional with strong leadership skills, proven success in surpassing goals, operating under budget and a solid reputation for exceeding expectations. Brian’s career spans over 25 years leading sales and business development teams at Office Depot, American Express, Ebay, Global Address, Exact Software and Strands Finance.

I am looking forward to the opportunity to introduce OneVisage’s breakthrough 3D Facial Authentication software into the North American market and beyond. I’m thrilled to help financial services, identity management providers and cyber-security solution providers seriously reduce identity frauds and improve on-boarding processes.” said Brian Haverty, VP Sales of Americas.

For general information inquiries, please send an email at info@onevisage.com

About OneVisage®

OneVisage® is a leading cyber-security company founded in 2013 headquartered in Lausanne, Switzerland, that enables financial services, Identity & Access Management providers and cyber-security integrators to reduce identity theft and transaction abandonments. Our 3DAuth™ solutions provide higher security and greater user’s experience than passwords, security tokens or other biometric modalities at a fraction of their prices by using cutting edge 3D facial authentication technology running on consumer-grade mobile devices. OneVisage® has been awarded Edison Awards 2016 – ICT Security gold medal, Red Herring 2015 Top 100 Europe and CTIA Startup Lab 2015 – Identity Management Winner. OneVisage® is a member of the FIDO alliance and European Association for Biometrics (EAB) associations.

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adminOneVisage® sets foot in the US with new offices in Silicon Valley

OneVisage to Join Silicon Valley Plug & Play Accelerator by Startupticker

by admin on March 24, 2017

OneVisage, a Lausanne based startup specialising in cyber security solutions, has been selected among the companies that will join the Silicon Valley accelerator Plug and Play in the 2017 FinTech Accelerator Batch. OneVisage is the only Swiss startup participating in the program.

OneVisage is a cyber-security company developing biometric solutions for financial services integrators and identity management providers. The startup developed a 3D facial authentication technology, which will allow financial services, cybersecurity, identity & access management and healthcare providers to offer simple, secure, universal and cost-effective authentication to their end users.

Having convinced the Silicon Valley Plug and Play Ventures team, the OneVisage was selected among the 175 startups to join Silicon Valley Plug & Play Accelerator in the Fintech Accelerator Batch this spring.

With 175 startups out of the 8,500 submissions, the Silicon Valley accelerator Plug and play is taking in the largest cohort ever. The startups including the OneVisage make up the fifth batch which will begin this spring through June in nine separate programs based on each company’s focus. Each program comprises of different weekly educational sessions with mentors, experts, partners and investors, as well as larger, program-wide networking activities ahead of the cohort’s demo day in June. The startups will also be introduced to the ecosystem of 180 corporate partners, 200 VCs, and 583 alumni.

“We look forward to the arrival of brilliant minds to our headquarters. We foresee our corporate partners more involved than ever. The startups can expect to run more pilots, diversify their business offerings, and raise additional funding to build their dream,” comments our Founder and CEO, Saeed Amidi.

The Accelerator Plug and Place takes no equity from its participants, spokeswoman Allison Romero said to the Silicon Valley Business Journal. Startups get free desk space in Sunnyvale and free meals through the duration of the program. Between now and June, Plug and Play’s goal will be to identify the most promising startups in the program, and invest in those. Plug and Play runs a total of 11 accelerator programs, in partnership with large corporations.

(RAN)

Press article: http://www.startupticker.ch/en/news/march-2017/onevisage-to-join-silicon-valley-plug-play-accelerator

 

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adminOneVisage to Join Silicon Valley Plug & Play Accelerator by Startupticker

OneVisage Selected by Silicon Valley Plug & Play to Join FinTech Accelerator Batch

by admin on March 23, 2017

March 22nd, 2017 –  Meet the 175 Startups Joining Our Programs by Plug & Play

We are accepting the largest cohort to date, running nine of our program simultaneously. These 175 startups have been hand-selected by our Ventures Team to be introduced to our ecosystem of 180 corporate partners, 200 VCs, and 583 alumni. “We look forward to the arrival of brilliant minds to our headquarters. We foresee our corporate […]

We are accepting the largest cohort to date, running nine of our program simultaneously. These 175 startups have been hand-selected by our Ventures Team to be introduced to our ecosystem of 180 corporate partners, 200 VCs, and 583 alumni.

“We look forward to the arrival of brilliant minds to our headquarters. We foresee our corporate partners more involved than ever. The startups can expect to run more pilots, diversify their business offerings, and raise additional funding to build their dream,” comments our Founder and CEO, Saeed Amidi.

Get a first look of the startups below and get your tickets to meet them at our Summer Summit June 6th-8th at our HQ.

Read full article here:

Meet the 175 Startups Joining Our Programs

Read

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adminOneVisage Selected by Silicon Valley Plug & Play to Join FinTech Accelerator Batch

OneVisage®, a leading 3D face authentication technology company, successfully closes its Seed financing round

by admin on March 1, 2017

PressRelease-Banner

OneVisage SA secures seed financing from financial and strategic investors, including Polytech Ecosystem Ventures, SICPA Finance and angels.  The funding will accelerate the industrialization of its patent pending 3DAuth solution.


LAUSANNE, SWITZERLAND – February 28th 2017 – OneVisage SA, the award-winning and leading 3D facial authentication company today announced that is has closed its first venture capital financing. The seed round has been led by Polytech Ecosystem Ventures with participation from SICPA Finance, a leading government security company, and angels, including Maxim Lyadvinsky.

The funds will be used to secure sales and R&D talents to bring 3DAuth technology to a first production-ready version and enable initial production later this year. Currently OneVisage works closely with early adopter customers – including leading banks in USA and Switzerland. The pilots will prove the superior level of security, universality – more than 80% of smartphones in the market – and architecture flexibility compare to other biometric solutions, while preserving great user-experience and cost-effectiveness

Thanks to our 3D facial authentication technology and solutions, financial services, cybersecurity, identity & access management and healthcare providers, will soon propose simple, secure, universal and cost-effective authentication solutions to end-users. Unlike other biometric modalities, 3DAuth technology is hardware agnostic and runs on any consumer-grade mobile device using a 0.3 MP frontal camera. This turns to be a major game changer as OneVisage can potentially enable hundreds of millions of people on the five continents to access digital services in a truly secure way, regardless if they own low-entry or high end mobile devices.” said Christophe Remillet, CEO of OneVisage.

OneVisage enables financial services and Identity Management providers to verify the identity of customers and protect the digital identity of individuals.” said Polytech Ecosystem Ventures’ manager Guillaume Dubray. “As cybercrimes now represent more than $ 400 billion to businesses worldwide per year, it becomes urgent to stop identity frauds without sacrificing user-experience. OneVisage has developed a simple and strong 3D facial authentication technology and is positioned to become a key player in the digital identity market.”

« Future mobile phones equipped with 3D cams will enable reliable password-less authentication for mobile users. OneVisage is the perfect fit here, offering strong authentication, that is stronger than 2D face recognition and stronger than fingerprint. » said Maxim Lyadvinsky.

For general information inquiries, please send an email at info@onevisage.com

About OneVisage®

OneVisage® is a leading cyber-security company founded in 2013 headquartered in Lausanne, Switzerland, that enables financial services, Identity & Access Management providers and cyber-security integrators to reduce identity theft and transaction abandonments. Our 3DAuth™ solutions provide higher security and greater user’s experience than passwords, security tokens or other biometric modalities at a fraction of their prices by using cutting edge 3D facial authentication technology running on consumer-grade mobile devices. OneVisage® has been awarded Edison Awards 2016 – ICT Security gold medal, Red Herring 2015 Top 100 Europe and CTIA Startup Lab 2015 – Identity Management Winner. OneVisage® is a member of the FIDO alliance and European Association for Biometrics (EAB) associations.

 

About Polytech Ecosystem Ventures

Polytech Ecosystem Ventures is an early stage VC firm based in Switzerland and in Silicon Valley with a strong international focus. Our strategic location at EPFL in Lausanne grants us access to one of the most dynamic and recognized innovation centers in the world, while our permanent presence in Silicon Valley gives us access to an ecosystem entirely dedicated to start-ups. https://polytechecosystem.vc/

 

About SICPA

Founded in 1927 and headquartered in Lausanne, Switzerland, SICPA is a trusted global provider of security inks as well as secured identification, traceability and authentication solutions. With high-technology security inks at the core of its expertise, the company protects the majority of the world’s banknotes, security and value documents, as well as a wide range of consumer and industrial products. It offers solutions and services to governments and industry, ensuring product authentication, traceability and protection as well as tax reconciliation. www.sicpa.com

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All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.

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adminOneVisage®, a leading 3D face authentication technology company, successfully closes its Seed financing round