Banking With Facial Recognition: The Primer

In 2021, the banking sector has become an exciting space for biometrics and identity, and that is especially true in the Latin America region. Over the past month, HID Global has been exploring the new ways that facial recognition can be deployed in digital and physical banking to enhance customer experience and cut down on fraud. Here are some of the highlights from our Thought Leadership section:

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New HID eBook Details Biometric Banking Benefits

Focusing on fingerprint recognition and face-based authentication, HID Global’s latest eBook, Better Banking Experiences Start With Strong Authentication and Face Biometric, details how these technologies can enable better banking experiences at every customer touchpoint, from mobile banking to remote onboarding to the bank branch itself and the ATM.

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How LATAM Banks Can Face Down Fraud Amid Booming Digital Business

Wladimir Alvarez, HID’s Senior Sales Director for Latin America, digs into the unique challenges and opportunities facing the LATAM financial services market. The region is the global growth leader in banking, an exciting distinction that brings with it a significant threat of fraud. In this guest thought leadership post we how biometrics are already making a difference in keeping finance safe, secure and convenient.

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How Facial Recognition Solves Banking’s Convenience vs. Security Dilemma

Vito Fabbrizio, Managing Director, HID Global’s Biometric Business Unit, explores the core promise of biometrics in finance. For over a decade, biometric authentication has offered a solution to the classic dichotomy: security versus convenience. In this thought leadership guest post, Fabbrizio demonstrates how face biometrics in particular deliver the best of both worlds, realizing ultimate security and convenience at the bank.

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Not All Biometric Authentication Is Created Equal

A major differentiator in HID’s biometrics portfolio is Multispectral Imaging (MSI) technology. First introduced to the world as an exceptional and novel fingerprint scanning method, MSI uses a wide spectrum of light in order to read the surface and subsurface of a user’s biometric. This means it an naturally reject spoof attempts while working in even the harshest lighting conditions. Now, HID has introduced MSI to face biometrics, and it’s real game changer.

In this guest thought leadership post, Roland Fournier, Senior Director of Product & Solutions for HID Global’s Biometric Business Unit, discuses how multispectral facial recognition stands out in the heated arms race of biometric finance.

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How Biometrics Can Enhance the Banking Experience at Every Customer Touchpoint

HID Global’s end-to-end biometric identify platform is a powerful and versatile solution for the financial services sector, and in this guest article by Todd Seeley – Senior Manager of Project Management for HID Global’s Biometrics Business Unit – we see how it can transform every customer touchpoint for banks. From the mobile channel, to the bank branch to the ATM, biometrics are enhancing the entire financial services customer journey. Find out how.

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November 8, 2022 – by Doug OGorden