![]() “Behavioral and biometric authentication are becoming the gold standard to prevent identity spoofing and improve customer protection, while reducing friction. “As our clients expand their digital offerings, they are requesting more sophisticated identity proofing and authentication capabilities to complement our fraud, compliance, customer lifecycle, and customer engagement applications,” said FICO Chief Technology Officer Claus Moldt. We are discovering security transformation benefits with EZMCOM’s innovation and expanding their platform across multiple regional operations.”įico plans to keep the Ezmcom team in place, according to the company website. “Their unified authentication platform centralized our authentication infrastructure and lowered costs. “EZMCOM is a valuable security partner,” said Hong Leong Bank’s Jagjit Kaur, general manager for Wholesale Digital and Transaction Banking shared. The new product family supports digital onboarding, eKYC, and PSD2 mandated strong customer authentication to manage risk. Fico Authentication Suite performs keystroke analysis and device telemetry to verify legitimate customers, while a machine learning algorithm combined with biometrics reduces account takeover fraud attempts. Fico Identity Proofing will verify customer identity through an AI-powered biometric analysis between a selfie and a government ID photo, and will run liveness tests to prevent spoofing.
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