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Biometrics are the new weapons of war against online fraud and supporting financial services with biometric authentication and their KYC (Know Your Customer) procedures. There are many different areas where biometrics are being deployed. For example in digital identity; an alternative to user names and passwords; protecting against ID theft; account takeovers and multiple accounts. Mobile biometric authentication is helping to verify new and returning customers at the point of log-ins, payments and digital on-boarding.
Last year Amazon announced the adoption of a game changer for payments; Amazon One, which allows shoppers to pay at stores by placing their palm over a scanning device when they walk in the door or wh...
In today's world of biometric authentication and digital identity, proving that someone is real is a serious challenge for online and mobile services. Deepfakes, 3D masks, and even fake photos of peop...
When it comes to choosing a biometric liveness detection vendor for remote digital onboarding or authentication, there are several factors to consider. Reliability, speed, the user experience and abov...
Biometrics will be in high demand in order for economies to function during the Covid-19 virus outbreak. Many onboarding practices with traditional banks involve the customers making a trip to the loc...
Strong customer authentication necessarily forms the backbone of any fintech application and it is common to make use of multi-factor authentication (MFA) to provide additional levels of security to p...
The importance of passive facial liveness detection is key for digital onboarding and a frictionless user experience. Liveness detection has become a critical part of the digital identity process for ...
Discover the history of card payment security and learn how biometrics are increasing the security of card payments Futuristic advances in payment technology are being deployed across the world. Cont...
Even though UBER being banned from London is old news (from 3 months ago), this is still quite relevant nowadays https://www.bbc.com/news/business-50544283 The reason as stated in new articles was t...
I think there are few more exciting sectors than biometrics and digital identity in 2020, and it's a privilege to be in the midst of it all. Many of the themes that we’ve talked about for years, from ...
The challenge for biometrics today is that nearly all modalities need to have additional security layers. Nowadays fraudsters have found ways to bypass on-boarding or authentication procedures and in ...
Arguably, the sharing economy may have shrunk our ‘small worlds’ even further. We can now easily book ourselves a stay in the home of ‘trustworthy’ strangers, pick up someone else’s ‘off-the-road’ car...
Developed in the mid-sixties and first commercially introduced in the 1970s, facial recognition technology has since made huge strides. Now, it's considered a significant feature for major players in ...