Brazilian Financial Institutions Can Thwart Rising Fraud Attempts with Innovative Biometric Solutions
20 Junio 2023 - 7:00AM
In recent years, Latin America has been digitizing their financial
services sector faster than anywhere else across the globe.
However, as a result, the region has also experienced a
corresponding uptick in fraudulent activity. Aware, a global
authentication company, provides a simple, user-friendly and
fraud-resistant solution for banks and FinTech’s across the region
including Brazil, and will be exhibiting at the FEBRABAN TECH 2023,
at the Transamerica Expo Center in San Paulo, Brazil from June
27-29, 2023.
As the financial sector faces mounting challenges related to
identity fraud, data breaches, and cyber threats, it is critically
important for these organizations to provide best-in-class
solutions to verify individuals' identities. Traditional methods of
authentication, such as passwords and PINs, have proven to be
extremely vulnerable to hacking and phishing attacks. However,
Aware’s biometric offerings provide the ideal balance of security
and user friction for an optimal experience, while adhering to the
compliance and protection standards required by the industry.
Mario Cesar Santos, general manager, LATAM at Aware, comments,
“At Aware, we recognize the pressing need for advanced security
solutions that not only safeguard sensitive financial data but also
prioritize the user experience. Our offerings have an unparalleled
balance of robust security and seamless user interactions. We are
proud to be at the forefront of this transformative shift in the
financial sector, and look forward to partnering with these
institutions to acquire more customers and combat identity fraud,
data breaches, and cyber threats.”
Aware will be exhibiting at FEBRABAN TECH 2023 in booth #G159
where attendees can explore the company’s suite of products,
including offerings for multi-modal biometrics, liveness detection,
authentication, automated biometric identification systems,
integration-ready middleware, and biometric orchestration.
Book a virtual meeting with an Aware representative to learn
more without attending Febraban Tech 2023.
About Aware Aware is
a global authentication company that validates and secures
identities using leading-edge adaptive biometrics. Aware’s
offerings address the growing challenges that government and
commercial enterprises face in knowing, authenticating and securing
individuals through frictionless and highly secure user
experiences. Now celebrating the company’s 30th anniversary as a
leader in biometrics, Aware’s algorithms are based on diverse data
sets from around the world and can be tailored to the unique
security needs of its customers. The company empowers users to have
control over identities through clear, easy opt-in and opt-out
features, helping them feel secure and improving their lives. Aware
is a publicly held company (NASDAQ: AWRE) based in Burlington,
Massachusetts. To learn more, visit https://www.aware.com or follow
Aware on Twitter @AwareBiometrics.
Company ContactGina
Rodrigues
Aware, Inc.
781-687-0300
grodrigues@aware.com
Aware (NASDAQ:AWRE)
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