Case Study How Latin American banks are using Knomi® to win more customers and prevent fraud Dramatic advances in mobile phone technology and networks present banks the opportunity to make their services more accessible. Customers can now use their mobile devices to quickly apply for new accounts and credit lines, access their account information, and perform purchases and transactions, all without ever visiting a branch or ATM. Credit towards purchase of big-ticket items such as home appliances, electronics, and furniture can be issued on the spot by retailers at the point of purchase. By many [...]
White Paper Certified liveness detection in biometrics is essential for mobile authentication and onboarding Mobile biometrics offer banks and other businesses a way to more effectively verify the identities of their new and existing customers. Mobile onboarding allows a prospective banking customer to open an account without visiting a branch. Biometrics make this identity proofing process more robust and secure. New customers can then use their biometrics in place of passwords for more secure and convenient mobile authentication. Facial recognition is a particularly useful biometric modality for mobile onboarding and authentication: Nearly all mobile devices [...]
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