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Home»Fintech»UBS deploys iProov tech to perform automated identity checks
Fintech

UBS deploys iProov tech to perform automated identity checks

November 22, 2022No Comments1 Min Read
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Cion Digital names Sundar Nagarathnam COO
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UBS has partnered with iProov to supply automated id checks to its key4 by UBS clients. UBS is the primary financial institution in Switzerland to supply this course of for account opening together with certified digital signatures.

Utilizing iProov face verification expertise, clients can onboard on-line 24/7 in simply 5 minutes. Purchasers enroll onto the service just by scanning their face towards a trusted government-issued doc, comparable to a passport with an NFC chip.

Previous to partnering with iProov, UBS was utilizing video calls to confirm consumer id, which could be worker useful resource intensive and limit when and the place new clients can enroll.

UBS is certainly one of a lot of monetary companies corporations across the globe utilizing iProov’s Real Presence Assurance expertise to verify the id of on-line clients to securely enroll new accounts, authenticate transactions, and carry out id restoration, all towards the backdrop of the ever-growing menace of cybercrime and on-line fraud. With customers more and more turning to digital banking, monetary companies corporations have realised that clients need to entry companies shortly, securely, and conveniently on their cellular or different units.

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automated checks deploys identity iProov perform Tech UBS
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