facial biometric-axiom protect
TRANSCRIPT
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On Boarding &Paper KYC Problem 90% users & partners drop out as they need
to go to branch, Or Send Fax / Scans
Future Readiness ATM visit, Cardless Payment, Branch visit, Future Internet / Mobile Banking with Video Support.
Too Many QuesBons Name, phone, DOB etc are asked with 30-‐60 seconds wasted Qme and effort at branch or
over phone.
Strengthen CredenBals SQll using old password and SMS based OTP. Seamless Security to add to exisQng security.
Customer classificaBon Unless customer tells you, there is no way to find if the customer is premium, merchant, trader or not?
Problems Few P rob lems f a ced i n today ’ s chang ing wor ld
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On Boarding & Paper based KYC Problem 90% users drop out as they need to go to branch, Or Send Fax / Scans
Everyone is busy It is a fact -‐ everyone is busy and no one has Qme to make visits to your site and email scans of documents. KYC is biggest killer of growth.
24x7x365 Service is a need Restricted Qme services are suffering and big showstopper for your business. People expect uninterrupted service with
Hate Paper and Scanning 95% flows demand papers to be submi]ed in person and/or idenQty documents scans to be uploaded. It is not real Qme and Qme consuming process with confirmed drop outs.
Time is money. No one is spending it for FREE. Today’s business Qme is money. The slower your onboarding, slower is your business growth. People are ready to spend money Qll it is simple and saves Qme.
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Too Many QuesBons 45-‐60 seconds wasted Qme and effort at onsite branch or over phone support.
Same QuesBon Again and Again Customer is asked same quesQons – Date of Birth, Name, Address, Zip Code etc leading to waste of Qme at both end – support personnel and user. Social Network are also serious threat to public profiles of your users.
Support = Cost Any branch visit by customer leads to cost in terms of Qme and effort by your staff. Can that Qme and effort be minimized by self idenQficaQon of user with alert to staff real Qme to cut 45-‐60 seconds with enjoyable experience.
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Customer ClassificaBon Up to 60 seconds wasted Qme and effort at onsite branch or over phone support.
ReacBve ATenBon We do not know if the customer is premium or not? unless the customer tells us about them. ReacQve a]enQon is not appreciated in today’s world.
So many, So few problem So many customers but such few support makes it difficult to handle which customers to give priority. DetecQng the custom will lead in be]er planning.
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Strengthen CredenBals Up to 60 seconds wasted Qme and effort at onsite branch or over phone support.
Its about Brand More than money, it is about Brand that gets damaged. Brand needs to be defended more by adding strong authenQcaQon.
Strong yet Easy Security needs to be seamless in experience and also be strong. Yet customer do not want to get burdened with more passwords, calls etc. Biometric has come in phones and well accepted.
“Over the should” TheY One of the most common a]acks through trojan, spyware or over the shoulder is credenQal thef. Most web and mobile web have Qll password.
43% people keep same password It is scary as 43% people across the world keep the same password for most of their website. This leads to huge problem for any hack on any one website.
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Future Readiness GeneraQon of Whatsapp And FaceTime will demand Banking through Video.
Picture says 1000 words Video and Pictures are exponenQally growing. People consumer video and pictures more than text every day. Soon Banking will demand support and interacQng through video.
Comfort but Security? Digital Banking will add more comfort to user’s live with voice and video driven banking channel. AuthenQcaQon and security will need to be future ready to handle this opQons.
Do I know you? It is not just KYC but also support calls and relaQonship manager to entertain customers. Facial recogniQon and authenQcaQon becomes part of your future applicaQons.
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On Boarding &Paper KYC Problem 90% users & partners drop out as they need
to go to branch, Or Send Fax / Scans
Future Readiness ATM visit, Cardless Payment, Branch visit, Future Internet / Mobile Banking with Video Support.
Too Many QuesBons Name, phone, DOB etc are asked with 30-‐60 seconds wasted Qme and effort at branch or
over phone.
Strengthen CredenBals SQll using old password and SMS based OTP. Seamless Security to add to exisQng security.
Customer classificaBon Unless customer tells you, there is no way to find if the customer is premium, merchant, trader or not?
Problems Few P rob lems f a ced i n today ’ s chang ing wor ld
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fBIO is here.
On Premise/Cloud Ready, Facial Biometric Extension of
Axiom Protect to add facial recognition and authentication into web, mobile web and native apps
with reliable, fast and scalable roll out
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Zero InstallaBon Extension SDK available for Web, Mobile Web and naQve plug and play with Server Side Web Services.
Add On Package fBIO is extension to exisQng MFA plajorm, Axiom Protect. Reducing TCO and increasing ROI.
Face Triggered Events Digital as well as Physical Channels can be added with facial recogniQon to reduce support Qme and idenQfy premium customers.
Real Time KYC Onboarding No visit, no paper, no scan based ready KYC from web & mobile seamlessly with IdenQty Document and maker-‐checker authorizaQon
Eliminate QuesBons & Passwords Strengthen security by adding Facial RecogniQon
and AuthenQcaQon to beef up security.
Facial Biometric Available for Web, Mobile Web plug and
play to be added in any digital applicaQon.
fBIO Offers Ax iom P ro tec t ’ s Fac i a l B iomet r i c offer s
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How it works? Lets go through quickly how fBIO gets deployed and works with Online And Site
Branch Office Visit
Web Based Apps
Mobile Based Apps
Axiom Protect fBIO SDK with web trust and mobile trust. It can be JS extension without installing any addi@onal soAware.
Feeds from CCTV can be given to Axiom Protect fBio API to detect, recognize user (current and new)
User Repository with their details + ID
Photos
Axiom Protect with fBIO Module
Web Business Apps
Mobile Business Apps
Branch Banking Apps
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1 2 3 4 5 6 7 8 9 10 11 12
Web App
Mobile App
Branch
4 Months Roll Out
4 Months Roll Out
5 Month Roll Out
Roll Out Time TentaQve T ime l i ne fo r fB IO Ro l l ou t
fBIO client side: web and mobile plugin will be provided that can be integrated with any HTML5 enabled web and mobile web applica@ons
fBIO server side: is an extension to Axiom Protect MFA plaQorm. It exposes web services and integrates with all web, mobile and legacy apps
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Paperless & No Visit KYC And Onboarding Lets Change the Flow to maximize users conversion with comfort yet proper secured manner
1. Open App & AcBvate Video Simng at home or coffee shop, user opens the mobile or web app. Fill form and acQvate video.
2. Face Is Captured MulQple copies of FACE will be captured to avoid any abuse. And real Qme uploaded into the fBIO server service.
3. Show IdenBty Document MulQple copies of idenQty document (like passport, driver license) is captured and pushed to fBIO server.
4. Verify Both fBIO Server will verify both real Qme for biometric match of face and idenQty document’s face. Maker-‐Checker Approval can be applied for further security.
5. Done. You are onboard. User is onboard without leaving comfort of home or visiQng office / branch and no scanning needed.
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Real Time Face DetecBon GeneraQon of Whatsapp And FaceTime will demand Banking through Video.
1. Click Chat BuTon Click leads to submimng current page url and starQng a video through web camera or photo camera.
2. Show Face User should the face in the camera. User is NOT asked for anything else. No ID, no Phone, no DOB, no ZIP Code.
3. IdenBty User – Premium or Saving? System will idenQty the user with facial recogniQon and greet them with their name in the chat window.
4. Push Alert to RelaBonship Manager If the user is premium then RelaQonship Manager on the other side of the call will be alerted to entertain the Premium customer.
5. Time Saved and Immediate Help As there is no Qme wasted in user idenQficaQon, customer is happy along with support cost is saved too.
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fBIO DemonstraBon Please have a look at Video DemonstraQon for RegistraQon and VerificaQon
Register Customer This demo will show you how easy it is to customer/user to register themselves using their idenQty document and their laptop. Click here
Verify Customer This demo will show you how easy it is for customer/user to verify themselves and get their details and do much more. Click here.
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Reduce Cost From KYC and user onboarding done
directly without any human effort reduces COST And TIME.
Ready for Future Once fBIO is enabled then future app can enjoy much more. Machine Learning with Facial Biometric makes financial predicQons is one of many.
Reduce FrustraBon Both your team and your customers will
be less frustrated as fBIO saves Qme, effort and energy at both end.
Happy Customers ProacQve approach for user onboarding, idenQficaQon along with no Qme waste
helps in RetenQon.
Every App (IN and OUT) Web, Mobile Web, Branch, ATM etc can use fBIO for strengthening their security.
Value Add And Key Benefits Qu i ck Recap on what can be ach ieved w i th fB IO .