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Facebanx debuts a potent new anti-fraud weapon

Monday April 15,2013 : PUTTING A FACE TO A NAME IN INTERNET GAMBLING
 
Facebanx debuts a potent new anti-fraud weapon
 
New technology company Facebanx has developed an innovative online facial recognition technology solution that will enable online gambling operators, banks, payment processors and ID verification companies to dramatically reduce fraud and ID theft, and provide a key weapon in their battle with fraudsters, claims a company spokesman.
 
Facebanx works by users simply adding their face to their account via the camera on their laptop, mobile phone or tablet. The software then compares the facial image against a database of faces to flag up possible fraud. Each face is recorded via a video stream and the technology compares multiple images taken throughout the recording to confirm that the person is real and not a photo.
 
Matthew Silverstone, CEO of Facebanx, said Monday: “Our product provides a unique solution for processors to share data to combat multiple acts of fraud.  We are currently in discussions with a number of processing companies, banks and merchants about adding our software to their CRM.”
 
Professor Mark Button, director of the Centre for Counter Fraud Studies, said: "Counter-fraud professionals are always looking for the 'holy grail' in the fight against identity fraud.  Facebanx is an exciting new development and a product which could be one step closer to such a solution."
 
Facebanx is a division of OhHi Technology, and has developed the software to meet all banking security standards. The company uses cloud based technology to allow multiple users unlimited access worldwide either on a manual or automated basis.



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MLB Odds: Stroman Gets the Nod Against Royals - The Toronto Blue Jays (70-80, –20.18 betting units) begin their final home stand of the 2017 campaign this Tuesday when they welcome the Kansas City Royals (73-76, +2.56 units) to Rogers Centre. Sportsnet has the coverage at 7:07 p.m. Eastern.

Microgaming in bingo software deal with Marathonbet - Marathonbet’s loyal customers will now be able to enjoy an extensive Bingo offering – marking another big expansion of its online gaming collection.

Microgaming QuickFire enters Coloumbia - Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.

Partypoker to sponsor WSOPC Uruguay - Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.

MLB Odds: Jays Hope to Spoil Orioles’ Visit - The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.

Money Storm Casino - Money Storm is not your typical online casino. While many focus on the quantity of games they offer their players, this one is more focused on the quality of their games.

Big Online SLot Win on Ultimate 10X Slot - At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000

MPN Greatest Poker Player in the Universe - The MPN announces the third annual Universal Championship of Poker (UCOP III), boasting €750,000 guaranteed across 59 tournament events this September

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