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FaceTec
Overview
FaceTec is a company based in the United States, founded in 2013, that operates within the finance industry, specifically focusing on credit cards and transaction processing. The company employs between 11 to 50 individuals and has reported revenue of approximately $3.8 million. FaceTec's published documents include a third-party testing report and a guide on remote identity proofing best practices, which highlight its involvement in cybersecurity and identity verification. The testing report suggests a commitment to research and validation of its technologies, while the guide, published in collaboration with the European Union Agency for Cybersecurity (ENISA), addresses good practices in remote identity proofing. This guide emphasizes the importance of secure identity verification methods and discusses the regulatory landscape affecting the adoption of such technologies in the European Union. FaceTec's contributions to these documents indicate its expertise in biometric security solutions and its engagement with broader cybersecurity initiatives.