Branchless Banking with Biometrics
WHITE PAPER | 15 minute read
Download: Improving Financial Onboarding and Authentication Through Biometrics
White Paper Improving Financial Onboarding and Authentication Through Biometrics The world has truly gone digital. It is currently estimated that 3.8 billion people own a smartphone1, representing almost half of the entire world’s population. The rapid ascendance of smartphones around the world in recent years has upturned much of how we live our lives, from social media to online shopping. Banks and financial services companies have also had to adapt to this new digital landscape, providing their customers with new ways to access and manage their accounts. The arrival of COVID-19 only escalated these trends, greatly increasing overall demand [...]
Mobile biometrics and liveness detection | Case Study
CASE STUDY | 8 minute read
Liveness detection in biometrics is essential for mobile authentication and onboarding | White Paper
White Paper 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 [...]
