Beyond KYC: How Standard Bank is revolutionising identity verification with biometrics
A virtual experience, powered by iProov
21st November 2024 | 14:00 (GMT) | 15:00 (CET)
An interactive webinar
Join us for a panel discussion on the vital role of biometric identity verification technology in providing secure and trusted digital services. Understanding how the customer identity processes of the past simply do not meet the requirements of the digital age has never been more important. Hear directly from those involved in putting together a product offering that meets the requirements of customers, providers and the regulator.
Rockstar speakers
What's this about?
This session explores how Standard Bank is empowering corporate customers on its OneHub platform that goes beyond basic KYC compliance. OneHub is a digital marketplace providing Standard Bank clients with access to a curated selection of innovative solutions from trusted technology partners.
We'll discuss real-world applications, including a fascinating case study on a platform designed to reunite customers with their unclaimed assets.
Key discussion points:
- The urgent need for robust identity verification in the face of rising fraud and the limitations of traditional methods.
- Why biometrics offer a more secure and convenient way to verify identity compared to traditional methods, reducing the risk of fraud whilst enhancing the user experience.
- How using facial biometric verification technology with liveness enables Standard Bank’s OneHub customers to seamlessly onboard the platform in seconds while ensuring the highest level of security against deepfakes and other threats.
- How Standard Bank ensures adherence to KYC, FICA, RICA, and AML regulations enabling a secure and compliant digital environment for its corporate clients.
- OneHub Use Case - How biometrics are being used to securely and efficiently verify identities to return billions in unclaimed assets to their rightful owners.
- The broader impact of this technology on financial inclusion and economic growth
- A look ahead: The future of digital identity verification and the role of biometrics in building a more secure and inclusive online environment.
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