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iProov wins the FinTech Innovation Challenge by Sony

iProov to commence with PoC project within Sony Corporation

Fintech Innovation Challenge by Sony

Matchi is delighted to announce that London-based firm iProov has won the FinTech Innovation Challenge by Sony and will commence with a Proof-of-Concept project within Sony Financial Services. 

The winning solution is Verifier, iProov’s next generation strong authentication service. It combines great simplicity of use with very high levels of security, in a cloud-based authentication-as-a-service solution that works on mobile devices and Windows computers. 

Sony’s selection of iProov is an extraordinary and significant accolade.  We very much look forward to working with Sony, delivering the benefits of our unique authentication technology to enhance user experiences, consumer trust and cyber security. Andrew Bud, Founder iProov

The FinTech Innovation Challenge by Sony was hosted and marketed exclusively by Matchi. The challenge attracted global interest and was featured across publications such as Finextra, Payment Week, FS Tech, Disrupt Africa and The Merkle.

Matchi received over 50 responses from firms across 28 countries. A panel from KPMG, Sony and Matchi individually assessed and scored each response on Novelty, Ease of Implementation, Potential Impact and Overall Impression. The highest scoring response in each category was invited to present their solutions directly to a panel from Sony Corporation who in turn selected iProov as the ultimate winner.

In the four weeks’ span of running this Innovation Challenge with Matchi, we were pleasantly comforted by the quantity and quality of applicants, who often showcased differentiated technologies, promising approaches or elegant solutions in domains such as blockchain, authentication or financial inclusion. Having selected iProov as the ultimate winner out of those 50+ entries, we look forward to exploring further with this leading firm on compelling use-cases in Japan or abroad. Ludovic Copere, Growth Ventures & Innovation at Sony Corporation.

Team Matchi wishes to thank all the firms that responded for the high quality of innovations, our biggest congratulations to the 6 shortlisted finalists and to iProov for winning the PoC project.



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