Founded by Steve Cook
Group founded 12 Jun 2018
Posts 44
Members 5
Group summary

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.

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Aida Hosseini

Retail card issuers’ next step in differentiating their card portfolios

From the goods and services we buy to the stores we visit, brands make up a big part of a consumer’s decision-making process. And the same is true for our finances. Traditionally, consumer banking has...

09 Feb 2023
Philip Chethalan

KYC API: How KYC as a service works

APIs provide rapid and scalable applications for banking, payments, and other businesses that require identity verification for AML and KYC compliance. In most countries, some firms are obliged by law...

13 Dec 2022
Philip Chethalan

Best Practices, Challenges and Trends in Employee Onboarding for BPOs

Employee Onboarding effectiveness defines whether your employee will be engaged or disengaged at work, depending on the impression created on them. Poorly managed onboarding can lead to abandonment, e...

13 Dec 2022
Simon Horswell

The future of biometrics in banking

There’s no doubt that biometrics, such as fingerprint and facial biometrics, are taking customer experience into a new era. Today, different forms of biometrics are widely used to help businesses veri...

21 Nov 2022
Philip Chethalan

What is Identity Fraud? Definition, Types, and Examples

Identity fraud is the unauthorised use of a person’s personal information by another person to commit a crime or deceive or defraud that person or a third party in order to take advantage of the pleas...

18 Nov 2022
Traci Krepper

How businesses are meeting the challenge of fraud and the expectations of the new digital consumer

We are all digital consumers. Even before the Covid-19 pandemic, an ever-growing number of consumers were accessing all manner of services online, with their expectations of a frictionless, seamless e...

01 Jul 2022
Michel Roig

Biometric payment cards: Benefits, misconceptions, and future adoption

Adoption of biometric payment cards is increasing across the globe, and there are many reasons for this. Let’s start with regulatory compliance and enhanced security. The recently imposed Strong Cust...

29 Jun 2022
Retired Member

Five strategies to avoid the true cost of identity fraud

Customers across financial industries are increasingly using services almost entirely online. It’s a consumer shift that was gaining momentum before the pandemic, with the rise of neo-banks, but digit...

11 Apr 2022
Barley Laing

Biometrics: 2022 is the year of facial verification

Biometric technology has only been taken seriously by many in financial services since the start of the pandemic, which made the remote onboarding of customers a necessity. Biometrics is already provi...

22 Feb 2022
Yuri Kropelnytsky

Building Trust with Biometric Cards—Less Friction, More Security

How we managed payments only few years ago is now going through a big change on every level. Not only are we seeing the expansion of digital platforms, but also new products like digital wallets and b...

15 Nov 2021

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