Ondato | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

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Ondato is a tech company that specializes in streamlining Know Your Customer (KYC), Age Verification, and Anti-Money Laundering (AML) processes using advanced AI solutions. The company provides a comprehensive suite of services that includes identity verification, business onboarding, transaction monitoring, and due diligence, ensuring compliance with various regulations across multiple industries. Ondato is recognized for its fast and efficient digital ID and age verification services, catering to next-generation businesses globally.

🛍️ Ondato Product and Pricing News →

👔 Ondato CEO, Management and Leadership Team →

⚔️ Ondato Alternatives and Competitors →

💼 Ondato Hiring and Layoffs →

🤖 Ondato Developer, Integration and Automation News →

📈 Ondato Financials, Fundraising and Valuation News →

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🛍️ Ondato Product and Pricing News

• Ondato has launched OnAge, an age verification solution for high-risk industries that uses biometric assessment to determine age with over 98% accuracy while ensuring privacy by not storing personal data.
• Ondato has shifted focus from identity fraud in the crypto industry to enhancing KYC for open banking and instant payments.
• Ondato introduces a biometric stoplist and explains ongoing monitoring practices in AML, replacing previous focus on Texas and Argentina age verification laws.
• Ondato has achieved NIST certification for its age estimation technology, enhancing data protection for its customers.
• Ondato improved its IDV solution accuracy to 99.98% and reduced verification time to under 30 seconds, while its AI-powered age verification accuracy increased to over 98%.

• Ondato will showcase their age verification and compliance solutions at the AVN Adult Entertainment Expo in Las Vegas from January 22-25, 2025, represented by Povilas Steikunas and Jonas Petraševičius.
• Ondato will be represented by Povilas Steikunas and Jonas Petraševičius at the AVN Adult Entertainment Expo in Las Vegas from January 22-25, 2025, showcasing their age verification and compliance solutions.
• Ondato will attend XBIZ LA 2025 in Los Angeles from January 13-16 to showcase their age verification and compliance solutions for the adult entertainment and social media industry.

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👔 Ondato CEO, Management and Leadership Team

• Andrej V.

  
  Co-founder & Chief Product Officer
  undefined

• Gediminas Letulis

  
  Chief Technology Officer
  [email protected]

• Alvydas Vitkauskas

  
  COO
  [email protected]

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⚔️ Ondato Alternatives and Competitors

• Onfido
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• Sumsub
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• Lightico
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• LastPass
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• 1Password
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• Keeper Password Manager
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• Cisco Duo
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• SEON. Fraud Fighters
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• Dotfile
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• Regcheq
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• Vespia
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• IDnow
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• Gatenox
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• Veriff
|
• Identomat
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• Trulioo
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• Jumio
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• HyperVerge
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• Fraud.net
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• AU10TIX
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• SAS Fraud, AML & Security Intelligence
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• Plaid
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• Persona
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• IPQS

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💼 Ondato Hiring and Layoffs

• Povilas Steikunas is the Vice President of Global Partnerships at Ondato.
• Povilas Steikunas, VP of Global Partnerships at Ondato, has been appointed as Entrepreneur-in-Residence for the Baltics by the Founder Institute's Hong Kong chapter.
• Jonas U. has left Ondato as an Artificial Intelligence, Deep Learning Back End Developer in Lithuania to join Rocket Software as a Mainframe Assembler Developer.

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🤖 Ondato Developer, Integration and Automation News

• Ondato has partnered with BITĖ Lietuva to provide a biometric identity verification solution that allows customers to verify their identity using a selfie and document photo.
• Ondato is used by Cashtap for KYC/AML verification services.

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📈 Ondato Financials, Fundraising and Valuation News

• OnlyFans increased its registered users from over 220 million to over 300 million, indicating significant growth in its user base.

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