HSBC UK Reports that Biometric Verification with its Caller ID Program, Voice ID, Reduced Bank Fraud by 50%
HSBC‘s caller ID program Voice ID has reportedly managed to reduce telephone banking fraud by more than 50% during the past 12 months, indicating that biometric verification can be quite effective in fighting against bad actors. HSBC says that its voice biometrics system has helped… Read More
Read more in: Fintech, General News, Global | Tagged biometrics, financial crime, fraud, fraudulent activities, hsbc, online fraud, uk, united kingdom