How Biometrics Expand the Reach of Mobile Banking
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.
What is Biometrics as a Service? Benefits and Use Cases
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 can start practicing fingerprint scanning and facial recognition to enroll employees and customers, thereby combating fraud and streamlining customer service, without costly, time-consuming and resource-intensive software acquisition and integration processes. Here's how it works: Aware hosts a biometrics platform in the cloud that has all [...]