The mobile-centric credit card and payment services provider is using the tool AcessoBio, provided by Acesso Digital to add to the data analytics toolset the company already employs.The technology compares prospective clients faces to the information available in a shared database utilized by the largest banks, retailers and fintechs in Brazil.
According to Nubank, the introduction of biometrics is positive for customers, since it improves the mobile-based experience around the credit card requests and reduces the possibility of false rejections, while reducing the possibility of identity fraud.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.