Blockchain Press Releases
Onfido Awarded Company of the Year by Frost & Sullivan for Delivering Superior AI-powered Digital Identity Verification Solutions
Onfido is a trusted global technology leader in identity verification, fraud detection, and AI development, helping businesses prevent fraud risks while enhancing the user experience.
SAN ANTONIO, July 20, 2023 /PRNewswire/ — Frost & Sullivan recently researched the fraud detection and prevention industry and, based on its findings, recognizes Onfido with the 2023 European Company of the Year Award. Onfido enables consumers worldwide to access services with flawless digital identity verification across a wide range of industries including FS, iGaming, transportation, eCommerce, and telecommunications.
The company has more than 10 years of experience in the market and serves over 1,000 customers worldwide, with offices in the United States, the United Kingdom, Portugal, France, India, and Singapore. Onfido’s platform enables companies to customize how they build trust with their customers, choosing from a flexible suite of verification methods including trusted data sources, passive fraud signals, and award-winning document and biometric verification.
Onfido’s Real Identity Platform provides customers with simple integrations, global coverage, and a highly configurable system, with an extensive suite of products. Customers can integrate without a single line of code using Onfido Studio’s workflow builder and access a library of identity verification methods through Verification Suite, all powered by Atlas™ AI. Onfido leverages the latest artificial intelligence (AI)-based technology and global verification developments to deliver accurate results in seconds, strengthening the company’s strong commitment to innovation.
“Onfido’s vision centers on simplifying identity for all stakeholders, from the end user to the businesses that purchase its platform. The company combines deep-seated domain and operational knowledge with advanced AI technology that globally enforces inclusive, open business-to-customer relationships that help build trust,” said Steven Lopez, Best Practices Research Analyst at Frost & Sullivan.
Onfido consistently delivers world-class customer service through its team of highly dedicated customer success specialists, who assist customers with maximum efficiency and help them to optimize their identity verification journeys. Furthermore, Onfido supports customers with key resources, such as white papers, research reports, and blogs, enabling them to remain engaged with the company and keep abreast of new developments.
The company’s customer-centric approach is rooted in using direct customer feedback and industry trends to drive its product roadmap and innovate to continue differentiating itself from alternative solutions in the market. As a result, Onfido is a major participant in the fraud detection and prevention industry and is on track to dominate the sector with its highly innovative vision.
“Frost & Sullivan applauds Onfido for its achievements in the fraud detection and prevention industry. The company continues to show exponential growth and product enhancements that justify its position as a market leader,” noted Dolores Aleman, Industry Analyst at Frost & Sullivan.
Each year, Frost & Sullivan presents a Company of the Year Award to the organization that demonstrates excellence, in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies and the resulting leadership, in terms of customer value and market penetration.
Frost & Sullivan Best Practices Awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.
About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned for helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.
Contact:
Tarini Singh
P: +91-9953764546
E: [email protected]
About Onfido
Onfido makes digital identity simple. The company makes it easy for people to access services by digitally verifying them using its Real Identity Platform. The platform allows businesses to tailor verification methods to individual user and market needs in a no-code, orchestration layer – combining the right mix of document and biometric verifications, trusted data sources, and passive fraud signals to meet their risk, friction and regulatory requirements. Partnering with over 1000 businesses globally, Onfido helps millions of people access services every day – from billion-dollar institutions to hyper growth start-ups.
onfido.com
linkedin.com/company/onfido/
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Binance, a leading cryptocurrency exchange, has announced adjustments to the tick size (the minimum change in the unit price) of specific spot trading pairs. These adjustments are aimed at enhancing market liquidity and improving the overall trading experience for users. The changes are scheduled to be completed by 05:00 (UTC) and 07:00 (UTC) on May 23, 2024.
Traders can find details about the tick sizes of all spot trading pairs on Binance in the platform’s Trading Rules. Importantly, the adjustment will not impact spot trading and related functionalities. API users will also observe changes in the tick size, and they can stay updated with the latest tick size using the GET /api/v3/exchangeInfo endpoint. Additional details and updates can be found in the API Changelog.
Existing spot orders will not be affected by the tick size update. Orders placed before the update will continue to be matched with the original tick size. However, traders are advised to adjust their trading strategies accordingly to avoid any unnecessary impact on their trading activities.
Binance emphasizes the importance of referencing the English version of the announcement for the most accurate and up-to-date information, as there may be discrepancies in translated versions. The exchange remains committed to providing a seamless trading experience and appreciates the support of its users. Users are reminded to exercise caution and make informed decisions when trading on the platform.
Source: blockchain.news
The post Binance Announces Adjustment of Tick Size for Spot Trading Pairs appeared first on HIPTHER Alerts.
According to an official announcement released on May 16, 2024, OKX will introduce new USDC trading pairs in the spot trading section between 7:00 am and 8:00 am UTC on May 20, 2024. This addition aims to broaden trading options for OKX users and contribute to the expanding USDC ecosystem.
In light of the risks associated with digital asset trading, OKX has issued a cautionary note to all users. They emphasize that information provided by OKX and third parties is for informational and educational purposes only. OKX does not guarantee the accuracy or completeness of any information and does not provide financial, investment, or other forms of advice.
OKX highlights the speculative nature and high volatility of digital assets, cautioning that they may become illiquid at any time, potentially resulting in the loss of the entire investment. Therefore, OKX advises users to conduct thorough research and assess their risk tolerance before engaging in digital asset trading.
For inquiries regarding the new USDC spot trading pairs or any other concerns, users can contact OKX through their support center or engage with the OKX team on various platforms. OKX’s proactive approach in addressing user inquiries and fostering community interaction underscores its commitment to user satisfaction and the overall growth of the crypto ecosystem.
Source: blockchain.news
The post OKX Announces Support for New USDC Spot Trading Pairs appeared first on HIPTHER Alerts.
ShibaSwap, the decentralized exchange (DEX) affiliated with the Shiba Inu ecosystem, has announced a significant upgrade by migrating to the Shibarium blockchain. This move is expected to introduce a range of new utilities for users, as stated in a recent press release.
The upgrade includes features such as a revamped dashboard, enhanced user experience, discovery charts for trending tokens, and an improved process for onboarding new tokens onto the DEX.
Lead developer Shytoshi Kusama expressed enthusiasm for the upgrade, highlighting its potential to empower DEFI innovators and facilitate community token interaction on Shibarium. Kusama also invited the community to explore the new swap and encouraged existing Shibarium tokens to transition to the platform seamlessly, while assuring that further updates are in the pipeline.
A portion of transaction fees will be utilized to enhance liquidity pool (LP) value in swap transactions, benefiting users and the yield farming community, according to the press release.
The upgrade rollout will prioritize enhancing discovery and can be expected to include more regular updates and upgrades, as noted by fellow developer and contributor Kaal.
The upgrade aims to minimize gas fees and ensure faster transactions, in addition to supporting various segments of the Shiba Inu Ecosystem, including $SHIB and $LEASH tokens, SHEboshis DN-404 tokens, SHIB The Metaverse, ShibaSwap DEX, and the Shiba Eternity game.
Shibarium’s layer 2 mainnet, launched in August 2023, saw the creation of 21 million wallets and was trialed by millions of users. It introduced a new consensus mechanism called proof-of-participation (PoP), which selects validators based on their holdings of the associated cryptocurrency.
As of the latest data, the price of SHIB stands at $0.0002548, reflecting an almost 7% increase in the last 24 hours, with SHIB being the 11th largest in terms of market cap, according to CoinMarketCap.
Source: cointelegraph.com
The post ShibaSwap rolls out major upgrade, moves to Shibarium appeared first on HIPTHER Alerts.
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