Miami-based fintech company B9 is thrilled to announce the launch of its advanced face recognition AI algorithm, designed to enhance security and operational efficiency within the industry. As Chief Data Officer at B9, Mikhail Matveev hailed this innovation as a significant step forward in improving identity verification and device verification.
B9’s latest face recognition technology enables more accurate identity verification, ensuring secure access to accounts and transactions on their mobile app. This technology also includes device verification, which proactively identifies potential security threats and resolves them before they become an issue.
In addition to basic identification, B9’s advanced face recognition algorithm can extract valuable facial attributes to determine “liveness,” ensuring that the image is of a real person and not a printed photo or mask. This feature not only enhances security but also streamlines KYC processes, resulting in substantial cost savings for the company.
By integrating the latest AI algorithms into their existing technology, B9 aims to improve fraud detection accuracy and operational efficiency within the fintech industry. Through their commitment to cutting-edge technology and expertise, B9 remains dedicated to being a leader in innovation and protecting their customers’ assets and information.
B9 is a prominent fintech company that is focused on transforming the banking experience in the cash advance (Earned Wage Access) sector. With a focus on security, efficiency, and customer-oriented solutions, B9 empowers hard-working Americans to achieve their financial goals with confidence.
For more information about B9 and their new face recognition algorithm, please contact Dmitrii Egorenkov, CMO at dmitri@bnine.com or visit https://www.newsfilecorp.com/release/204140 for the original press release. B9 is located at 777 Brickell Avenue, Suite 500, Miami FL 33131.
