19 Jul, 2024
6 mins read

Elevate Security By Incorporating Biometric Face Recognition To Dissuade Fraud

In 2022, the United States experienced significant financial losses due to bank transfer fraud, totaling approximately $10.3 billion. Financial fraud is a persistent challenge for banks, with substantial losses reported globally, including 395 million Norwegian kroner in Norway. Most of these losses are caused by identity theft and credit card fraud.  Therefore, banks require stringent […]