Six Steps to Using Biometrics to Open & Manage Accounts Digitally

Explore which steps need to be in place in order manage identity using biometrics

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Fraud Protection & Compliance

August 25, 2020 -

Biometric and behavioral authentication has become a critical part of the future of financial services. For this reason, FICO, the world's leading company in the prevention of financial crimes, recommends these six steps to manage the identity of users.

  1. Identity
  2. Identity Verification: The proof is in the process
  3. Enrollment process
  4. Binding
  5. Authentication
  6. Continuous authentication


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