Software Group, a global technology company specialized in delivery channel and integration solutions for financial service providers, has selected Applied Recognition's Ver-ID technology to add face recognition capabilities to meet its customers' increasing interest in using biometrics as a means to establish identity and to ensure authentication. “Biometrics is quickly becoming a mainstream technology. And while there will be a place for all the different biometric modalities, we see face recognition provoking more and more interest in our clients, given the inherent distinctiveness of faces, the reliance on photos by official IDs of all types, and the higher level of acceptance of a technology that more people find to be intuitive,” said Kalin Radev, Software Group's CEO. He added that the ability for Applied Recognition's Ver-ID technology to run entirely on mobile devices made them a natural choice as a partner.Ver-ID is Applied Recognition's line of software development kits that make it easy to add face recognition capabilities to digital business processes. Ver-ID technology is distinctive in achieving high levels of accuracy and speed while able to run entirely on mobile devices as well as 'in the cloud,' enabling the use of face recognition in applications where biometric-enablement would otherwise be impractical.”We're obviously pleased to have been selected by Software Group as their technology partner for face recognition,” said Don Waugh, Applied Recognition's co-CEO. “Software Group serves a growing portfolio of commercially and socially critical financial services institutions around the world. We look forward to supporting them in their important mission, helping them to demonstrate that security and compliance can go hand-in-hand with innovation and growth.”
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