Business
Aware’s Award-Winning Fraud-Prevention Solution Knomi® to be On Hand at 2022 America Digital Conference
Leading global biometric authentication company to demonstrate highly scalable, user-friendly and fraud-resistant solution for banks and fintechs BURLINGTON,
About this update from Aware, Inc.
[{"type":"text","content":"Leading global biometric authentication company to demonstrate highly scalable, user-friendly and fraud-resistant solution for banks and fintechs\nBURLINGTON, Mass., Sept. 07, 2022 (GLOBE NEWSWIRE) -- Aware, Inc. (NASDAQ: AWRE), a leading authentication company applying proven and trusted adaptive authentication to solve everyday business challenges with biometrics, is bringing its award-winning mobile authentication platform, Knomi®, to the 7th America Digital Latin American Congress of Business and Technology conference, taking place from September 7-8 in Santiago, Chile. In recent years, Latin America has been transforming their financial services sector faster than anywhere else across the globe, driving a sharp corresponding uptick in fraud attempts. It is estimated that up to 20% of accounts are opened fraudulently in Latin America. Knomi is already deployed in several of the largest banks in Brazil and Mexico and currently protects more than 55 million users with its top-of-the-line passwordless authentication capability. Knomi combats destructive scams through facial and speaker recognition with industry-leading liveness detection. This enables financial services providers with a user-friendly, fraud-resistant mobile solution for financial onboarding and customer account access. “It’s estimated that two-thirds of all consumers prefer biometric authentication in place of passwords for all of their accounts,” said Alessandro Chiarini, Aware’s senior vice president of enterprise authentication. “With Aware’s Knomi, banks and fintechs have a true alternative to the password; one that can provide highly secure, convenient and scalable biometric authentication already servicing tens of millions of residents across Latin America.” The Knomi mobile biometric authentication platform uses mobile devices and browsers to provide a trusted registration process and authenticate financial customers safely, securely and conveniently. With industry-leading face and speaker recognition, passive liveness detection, and flexible device-, server-, and browser-based options, Knomi is a secure, convenient customer onboarding and authentication platform for virtually any use case. Aware will be hosting live demonstrations of the Knomi platform in booth A11 at the Espacio Riesco Convention Center on September 7 and 8. Interested America Digital ...