Biometric Onboarding Seen As Must-Have in FinTech Fight Over Identity Theft
More digital banking services means more of an opportunity for identity theft. In the “AML/KYC Tracker®,” a PYMNTS and Trulioo collaboration, Tom Curran, chief risk and compliance officer at Upgrade, explains how using data combined with biometric tech has helped reduce fraud at account opening in a secure, compliant way.