News

Union Bank uses Daon solution to launch digital platform

Thursday 23 March 2017 10:29 CET | News

Union Bank of the Philippines has launched the New EON, a digital banking platform that uses Daon’s IdentityX Platform and its capabilities for mobile biometric authentication.

IdentityX enables EON customers to log in to the EON mobile app using biometrics. Working with Daon, EON employed a layered approach to security, including device cryptography and biometric verification to lock down their mobile channel and secure high-risk transactions.

Initially, EON has deployed fingerprint and face authentication with plans to enable additional biometrics, such as voice recognition, in subsequent rollout phases.

Daon is an international biometrics and identity assurance software company creating and integrating biometric identity assurance systems such as facial recognition, voice recognition, fingerprints, retina scans, and vein patterns to verify a person’s identity.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: biometrics, digital banking, authentication, security, online transactions, Daon, IdentityX, Union Bank, Philippines
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime






Industry Events