The increased need to completely fulfill digital applications online coincided with the widespread availability of quality cameras within devices such as smartphones. But while the selfie provided a key technology to solve the challenge of validating the identity of an applicant or new user, you need other biometric technologies to verify, enroll, and continually authenticate your digital banking customers.
This is the third in a series of FICO white papers on the adoption of biometrics in the financial services industry. It explores:
- How the integration of these biometric technologies is critical to delivering the low-friction experience your digital banking customers expect
- Which use cases are gaining ground
- How they work in a regulated environment
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