Colombian Mobile Bank to Implement Facial Recognition for Account Access

August 30, 2016

Colombian digital bank Nequi plans to offer account access completely through a user’s mobile device by using biometric authentication. According to a Planet Biometrics report, Nequi is using Daon’s IdentityX Platform for mobile biometric authentication, and it will be the first financial institution in Colombia to feature biometrics in live production.

Nequi customers will authenticate their login with a selfie whenever they change devices or SIM cards, reset passwords or reactivate an account. The bank will deploy facial recognition biometrics for mobile login as a gateway to their mobile application, and it will add voice recognition for an additional layer of modality.

In this webinar, we are going to explore all the different cloud models used in video surveillance and cloud access control solutions. We will also discuss the rising trend of “Security as a service” and how this can impact the future of security buying, maintenance, and relationships between security providers and clients.

With the advent of Internet of Things (IoT) technology and Industrial Internet of Things (IIoT), the cyber security practices are increasingly getting integrated with the physical security practices.