Spanish banking group BBVA and local startup Das-Nano have together formed Veridas, a new technology company specialising in biometrics that will look to develop client identification and authentication systems.

Veridas, directed by Eduardo Azanza, who is also co-founder of Das-Nano, will be dedicated to the research and development of software for the digital verification and authentication of personal identity, through facial, voice, image or document recognition, or fingerprint reading.

Ignacio Bernal, head of architecture and IT innovation at BBVA, said: “Veridas will contribute the talent, the knowledge and the specialized experience necessary for the technological development that will allow us to reach our goal, which is to bring the age of opportunity to everyone.”

Azanza, CEO of Veridas, added: “Digital transactions are going to be more secure, thanks to the use of biometrics. The talent of our people, our experience in the use of deep neural networks and artificial intelligence, along with the daily application of these technologies to millions of cases, will allow us to spearhead this field.”

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