Wultra and iProov partner on biometrics for banking in Czech Republic

Czech bank Raiffeisenbank - where iProov and Wulta are partnering

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iProov, a provider of biometric authentication, has announced a partnership with Wultra, a digital banking security provider in the Czech Republic, that enables Wultra to provide iProov’s biometric solutions suite as part of its portfolio of digital solutions.

iProov’s proprietary facial biometric solution enables organizations to verify in real-time that end users are the right person and a real person.


According to the companies, consumers are increasingly calling on their financial services providers to offer online access to high-risk services including new account enrolment and account reactivation. To meet this demand, banks work with companies like Wultra to evaluate best practices in balancing security and convenience at critical points of their end-user lifecycle. One of the most significant challenges encountered is being able to remotely verify the identity of consumers in a way that is easy to use and prevents mid-process dropout.

Raiffeisenbank is the Czech member of Raiffeisen Bank International (RBI), a leading group operating across 14 countries in Central and Eastern Europe. Raiffeisenbank has implemented iProov’s biometric solution from Wultra to provide its customers with the ability to securely reactivate their bank accounts online at their own convenience, without visiting a physical branch or using additional hardware. 

“Several factors were instrumental in our decision to implement iProov technology: iProov has been successfully deployed by leading global banks and has achieved the industry’s highest completion rates. This provides us with clear evidence of both its user-friendly qualities and ability to meet high customer demand,” said Dr Tomáš Rosa, Cryptology and Biometrics Competence Centre Lead, Mathematical Security Architect at Raiffeiesen Bank.

“During the process, iProov swiftly addressed our questions around biometric authentication performance by completing an in-house statistical review and allayed any concerns we had regarding GDPR and deployment in the cloud. Finally, as a security expert with a strong mathematical background, equally important to me was the fact iProov’s facial authentication technology was backed by hard data ensuring the solution could be reviewed and even more critically, trusted.”

Threats to banking

“Banks are hyper-aware of the evolving threat landscape and mobile banking apps are becoming a top target for cyber-criminals. Points like account creation and rebinding are especially vulnerable to fraud, so increasing the security levels of our product set to help our customers tackle this was a priority for us,” commented Zdeněk Černý, CTO at Wultra. 

“iProov’s technology delivers on all fronts and stood out from the RFP process as ‘the real deal’. It has been a great addition to our portfolio and is already loved by one of our biggest customers, Raiffeisenbank, who actively encouraged us to add iProov technology to our stack.”  

“Financial services providers are a prime target for cyber-criminals’ most sophisticated attacks. Our recent threat report found that AI-based attacks, such as deepfakes, are gaining momentum and basic-level biometric technology is struggling to keep pace,” commented Andrew Bud, Founder and CEO of iProov.

“iProov’s biometric solutions suite is uniquely able to assure liveness, a key determinant in mitigating AI-based attacks. We are excited to partner with Wultra in their mission to secure and protect leading banks and fintech companies with meaningful security solutions for their internet and mobile apps.”

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