Fintech Help: Consumer Lending Comparisons & a Facial SDK

New financial technology has been announced to include tools aimed at improving the consumer lending experience with comparison-shopping capabilities and a facial verification software development kit for enterprise and consumer mobile applications.

Wilmington, Del.-based consumer lending platform Best Egg, powered by Marlette Funding, LLC, announced it is partnership with Santa Ana, Calif.-based financial resource SuperMoney to help consumers achieve their financial goals.

SuperMoney integrates with financial service organizations to offer a comparison-shopping experience. Borrowers complete a brief online form and receive real-time personalized loan offers from SuperMoney’s lending partners. As a new member of the affiliate program, the Best Egg online loan platform integrates with SuperMoney’s personal loan pre-qualification platform.

“Our core values align and this partnership will benefit consumers with apples-to-apples comparisons and commitment to transparency.” Jeffrey Meiler, CEO of Marlette Funding, said.

“Both companies continue to focus on growing their digital footprint and creating a best-in-class customer experience,” said Miron Lulic, CEO of SuperMoney. “Best Egg has delivered over $6.7 billion in funded loans as a service provider for lenders since inception and SuperMoney recently crossed the $1 billion mark in financing on our platform, making this partnership an exciting opportunity to continue building upon our respective successes in the personal loan industry.”

Vilnius, Lithuania based Neurotechnology, a provider of deep learning-based solutions and high-precision biometric identification technologies, announced the release of its new face verification software development kit. The SDK is designed for the integration of facial authentication into enterprise and consumer applications for mobile devices and PCs, providing enhanced security through biometric face recognition and liveness detection to prevent spoofing. The Face Verification SDK library offers a simple API that makes it easy to implement solutions for payment authentication, banking know-your-customer procedures, logins for e-services and many other types of secure applications that run on personal devices.

According to Neurotechnology, the Face Verification SDK provides a subset of the capabilities in Neurotechnology’s fuller featured VeriLook SDK for facial identification, and it has a smaller library size compared to the previous Face Verification library in VeriLook version 10, allowing its deployment in even smaller applications based on face verification technology. The SDK also inherits VeriLook’s ability to perform ICAO face image checks in accordance with the ISO 19794-5 standard. The checks ensure the quality of the captured face image and are used in combination with liveness detection to reinforce anti-spoofing measures.

The Face Verification SDK also includes a flexible deployment mechanism, which helps system integrators use it in transaction-based environments. It also allows face verification performance offline and keeps the server component on the end customer’s side.

“There’s high demand for biometric authentication right now in order to comply with the latest information security regulations set by governments and institutions,” Antonello Mincone, business development manager for Neurotechnology, said. “Face Verification SDK provides a highly flexible solution for a variety of biometric facial authentication use cases along with a deployment model that adapts to the change requirements and rapid scalability required for use in payment and consumer markets.”