iProov has partnered with top Vietnamese fintech MoMo to enhance protection against digital fraud.
MoMo becomes iProov’s first partner in Vietnam by deploying Dynamic Liveness, a solution designed to secure remote identity verification and defend against advanced threats such as deepfakes and digital injection attacks.
The rise of Generative AI (GenAI) has fueled a surge in fraud across the financial services sector. In response, the State Bank of Vietnam recently issued Decision 2345, requiring stronger biometric authentication for online transactions. By integrating iProov’s Dynamic Liveness, MoMo is proactively aligning with these regulations and reinforcing its long-standing focus on digital trust.
iProov’s patented Flashmark technology ensures that users are real, present and verified in real time, preventing fraudsters from using photos, videos or synthetic media to bypass security. This added protection is crucial in financial services, where safeguarding accounts and preventing unauthorised transactions are top priorities.
Pham Kim Long, Head of AI & Big Data, MoMo, said, “At MoMo, trust is central to every decision we make. As threats evolve, we must strengthen our defenses. iProov’s technology gives our users confidence that their accounts and transactions remain secure.”
Andrew Bud, Founder and CEO, iProov, said: “MoMo is a leader in Vietnam’s Fintech market. By adopting Dynamic Liveness, it demonstrates a commitment to building secure digital ecosystems that foster financial inclusion.”
