Before an employer officially hires new personnel, security protocols typically require them to verify their applicant’s claimed identity. This process is known as “identity proofing”. It ensures that the identity information supplied by the applicant is truthful and accurate, answering the question, “who are you?” and in doing so, establishing them as a trusted employee. That employee’s identity can then verified and authenticated for future security-related purposes, such as physical access control or systems login. Identity proofing is critical in part because it helps employers know with confidence who it is [...]
For financial institutions, mobile banking is a cost-effective way to reach new consumers. The technology offers financial inclusion and unprecedented convenience. The Nielsen Mobile Shopping, Banking and Payment Survey found 47 percent of consumers across the globe used their mobile phones to check their account balances at least once in the six months prior to March 2016. 42 percent said they had used their mobile devices to pay bills.
Global Market Insights estimated that the biometrics market will be worth $31 billion by 2023, with future growth driven by consumer-facing applications like mobile authentication. Consumer electronics, healthcare, banking, and even the home safety industry are integrating advanced biometrics capabilities into their products, services, and operations. This is in part because biometric technology is performing [...]
Infographic Biometrics-as-a-Service (BaaS) solutions from Aware are an attractive alternative to traditional biometric software models. This technology allows organizations of all types - from governments to telecommunications companies - to quickly deploy and start using biometrics technology in their day-to-day identity management operations. In other words, with BaaS, you [...]