What is this webinar about?

A seismic shift is expected to Financial Institutions Know Your Customer processes over the next two years, with digital identity verification technology providing the most significant change. For decades, the only real way to verify someone’s identity online was to compare self-reported information, usually captured on an online form, to a third-party database or credit bureau. Thanks to large-scale data breaches, social engineering and malware, organisations have no choice but to adopt the most robust technologies at their disposal to ensure they know who they are doing business with.

According to the 2020 Market Guide for Identity Proofing and Affirmation: “By 2022, 80% of organizations will be using document centric identity proofing as part of their onboarding workflows.”

Modern digital technologies automates the confirmation process, and allows banks to analyze each transaction to watch for suspicious activity in real time.

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Join us to learn how to:

The benefits of face-based biometrics as the strongest form of online identity verification
How biometric authentication can be integrated into an organisation’s risk strategy
The potential impact of not properly vetting and verifying users

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