The High Cost of Cheap Biometrics

Why choosing the right identity technology partner is make or break for banks

Biometrics offers a fast and secure method to identify customers remotely. 75% of banks have, or are planning to deploy, AI-based biometrics in the next 3 years. With hundreds of seemingly similar solutions on offer, choosing the vendor offering the most favorable commercial terms might be tempting. But at what cost?

Based on the real-world experience of early adopters of biometric technology for remote customer onboarding, this report outlines the numerous factors to consider when choosing a reputable and reliable vendor.