The portable digital identity solution speeds up compliant authentication and make transactions simpler for consumers with face biometrics. The new Fast ID speeds up authentication by combining selfie biometrics with reusable digital identity. End users signing up for an account or service with a company utilizing Shufti’s KYC identity verification can save their credentials for what the company says will be “seamless” use in future sessions. Those future identity verification sessions could be for account onboarding, session authentication or step-up authentication, providing KYC and AML compliance, with any participating partner site. Fast ID can also replace passwords and OTPs,
Source: www.biometricupdate.com