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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