A presentation on how biometrics will ultimately enable truly identity-centric that enhances anonymity while limiting the amount of consumer PII that brick and mortar and digital enterprises need to hold.
Any company providing online services is facing increasing identity theft, forgery and fraud issues. At the same time, customers demand convenient and quick processes. For being compliant with KYC, AML and data privacy regulations, service providers need to be sure of their customers’ and users’ legal identities. Therefore, the online services industry faces the challenge to deliver strong and at the same time intuitive authentication and identity proofing processes. Key takeaways: |
- Biometrics & Privacy are not a contradiction |