360 Identities

360 Identities is fast (less than 3 minutes) and fully automated ("self-service") without human interaction. It performs unattended remote digital identification through biometric chip capture conforming to ETSI TS 119 461, AMLA's RTS on Customer Due Diligence and FINMA Circular 2016/7 Margins 32-39 ("Online identification"). The Near Field Communication (NFC) protocol enables data exchange within a range of 4 cm and is set to become the new gold standard for identity proofing. Most passports worldwide have an NFC chip that can be read (here). By 2030, biometric chips will also feature in most Swiss and European ID cards. Instead of investing resources in AI-powered tools to detect fraud only after it has occurred, block attackers as early as during identity verification. Combine document checks with a liveness detection component to create a tamper-proof biometric anchor as a baseline…