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June 21, 2017

BBVA launches new biometrics firm

Spanish banking group BBVA has joined forces with startup Das-Nano to launch a new technology firm that will focus on biometrics.

The new entity, known as Veridas, will focus on the research and development of software for the personal identity verification through biometrics such as facial, voice, image or document recognition, or fingerprint reading.

The new firm will be spearheaded by Das-Nano co-founder Eduardo Azanza.

BBVA said that biometrics will allow it to simplify access to off-site services and improve security of digital channels through “authoritative identification of employees and/or customers remotely”.

BBVA head of architecture and IT innovation Ignacio Bernal said: “Veridas will contribute the talent, the knowledge and the specialized experience necessary for the technological development that will allow us to reach our goal, which is to bring the age of opportunity to everyone.”


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