Project Description

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.

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