“Daon’s platform… will allow Nequi users to log in via facial recognition, bolstered with its built-in liveness detection feature.”
The company offers a mobile platform that lets users transfer money to each other and organize their accounts with commercial banks. It’s an innovative digital money service, and as such it’s now taking advantage of the kind of biometric authentication that is taking off in financial services, especially on mobile. As Nequi Director Andres Vasquez put it in a statement, “Nequi prides itself on being at the cutting edge of innovation, similar to any Silicon Valley startup.”
Daon’s platform, which has seen other major financial services deployments as in the case of the USAA mobile app, will allow Nequi users to log in via facial recognition, bolstered with its built-in liveness detection feature. And the financial services company says it will complement this modality with voice recognition later.
Commenting on the deployment, Daon CEO Tom Grissen said the IdentityX solution “provides Nequi’s customers the added convenience and security they are looking for when managing and accessing their financial accounts.”
(Originally posted on FindBiometrics)