Worldcore Payment Institution Teams Up With BioID At FinovateEurope 2017

Worldcore also launches mobile phone top-up for 600+ operators in 150+ countries; localizes website to 4 additional languages

Worldcore and cloud biometrics developer BioID announced a joint project in which BioID’s facial recognition will be used to secure Worldcore, adding a second form of biometric authentication called FaceKey.

From the earliest days of banking, security has always been key to the financial services world, but it has, unfortunately, been associated with an increasingly painful user experience,” says Worldcore CEO Alex Nasonov. “Delivering a simple, intuitive experience for online financial services has always been central to our mission. With our new FaceKey authentication, based on BioID’s advanced face recognition technology, we can extend this philosophy to user authentication.

With its broad and flexible offering, Worldcore is a true innovator in the online financial services market, and we are pleased to help them continue to improve their services,” said BioID CEO Ho Chang. “Facial recognition represents an excellent combination of security and convenience that is ideally suited to online payments, providing the virtual-world equivalent of face-to- face transactions.”

Worldcore has rolled out a new payment option that allows payments to be instantly sent to a mobile phone account holder’s balance. Mobile phone recharge is available for 150+ countries with a 0% fee.

Worldcore website is now localized in four additional languages. “Localization of our website to the French, German, Spanish, and Polish communities will enable us to reach our growth plans for 2017. More languages will be also added every 1-2 months,” comments CEO Nasonov.

Author: Dylan Jones

Share This Post On
LendIT USA. Move to Top once MPE Finished

Submit a Comment

Your email address will not be published. Required fields are marked *