Tag: facial recognition

A single manipulated pixel can undermine even the most advanced digital onboarding workflow. As deepfakes become increasingly sophisticated, financial institutions and digital platforms face...

Traditional authentication methods such as passwords and one-time codes are no longer strong enough to protect financial institutions against sophisticated fraud. Deloitte estimates synthetic...

Financial institutions are under constant pressure to deliver seamless customer experiences while protecting against fraud and keeping pace with complex compliance obligations. With fraud...

Biometric verification represents a significant advancement in security technology, utilising unique biological traits such as fingerprints and facial patterns to confirm an individual's identity.

Biometric facial recognition has become an increasingly important verification tool for customer onboarding and ongoing compliance.

The European Parliament has voted for a resolution that calls for the ban of AI-powered biometric mass surveillance technologies such as facial recognition across the continent.

A study from Juniper Research has discovered the number of users of software-based facial recognition to secure payments will exceed 1.4bn people globally by 2025.

Veriff unveiled Face Match, an AI-powered feature that authenticates a person online with the aim to mitigate fraud and identity theft.

RegTech company SmartSearch U.S, has improved its anti-money laundering (AML) offering on the back of Congress passing new financial crime laws in January.

Singaporeans can now access online digital government servicesusing facial verification implemented by iProov and and Toppan Ecquaria.