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Aware Addresses Global Demand for Financial Services Fraud Prevention
Aware has already secured several of the largest banks in
In the European market, Aware is proud to have secured three of the largest banks in
“We at Aware have designed our biometric solutions to make transactions easier and more secure, whatever the use case,” said
The Knomi mobile biometric authentication platform uses mobile devices and browsers to provide a trusted registration process and authenticate financial customers safely, securely and conveniently. With industry-leading face and voice recognition, passive liveness detection, and flexible device-, server-, and browser-based options, Knomi is a secure, convenient customer onboarding and authentication platform for virtually any use case.
Financial institutions interested in Knomi can expect the following use cases and benefits:
- Passwordless account access: It’s clear that passwords are no longer the safest way to access our sensitive assets and accounts. With Knomi, users can access their accounts from their phone using their face and voice, and be confident no one else can do the same thanks to spoof-resistant passive liveness detection.
- Remote customer onboarding and document verification: Attract new customers with Knomi’s remote onboarding and document verification capabilities. Capture and enroll a new customer’s face, and match it to their identification documents for a secure and convenient onboarding experience.
- Frictionless user experience: Knomi is a modular solution, enabling financial institutions to continue to develop and use their own visual interface for customers while incorporating its biometric functionality.
- Customer data ownership: Maintain your ownership over customer data. Knomi offers on-premise deployment and interoperable biometric data that can be consumed by alternate vendors.
To learn more about Knomi, visit the website to review the offering in more detail, or request a private demonstration.
1 https://www.einnews.com/pr_news/556044920/mobile-banking-market-size-is-expected-to-reach-1-8-billion-by-2026
2 https://www.prnewswire.com/news-releases/fraud-and-security-in-global-online-payments-mobile-apps-were-the-most-targeted-device-for-online-banking-fraud-globally-in-q2-2021-301522607.html
3 https://www.experian.com/blogs/global-insights/wp-content/uploads/2021/07/Online-Payment-Fraud-2021-Experian.pdf
4 https://www.ebf.eu/turkey/
About Aware
Aware is a global authentication company that validates and secures identities using proven and trusted adaptive biometrics. Aware’s software and software-as-a-service offerings address the growing challenges that government and commercial enterprises face in knowing, authenticating and securing individuals through frictionless and highly secure user experiences. Aware’s algorithms are based on the most diverse data sets in the world and can be tailored to the unique security and requirements of each customer. The company empowers users to have control over identities through clear, intuitive opt-in/opt-out features, helping them feel secure and improving their lives. Aware is a publicly held company (Nasdaq: AWRE) based in
Safe Harbor Warning
Portions of this release contain forward-looking statements regarding future events and are subject to risks and uncertainties, such as our expectations regarding our new product. Aware wishes to caution you that there are factors that could cause actual results to differ materially from the results indicated by such statements, including the risks that (i) current and prospective customers do not purchase our new product in the quantities that we expect and (ii) our new product does not perform as well as we expect because of errors, defects or bugs. We refer you to the documents Aware files from time to time with the
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CONTACT
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grodrigues@aware.com
Source: Aware, Inc.