Westpac to offer smartphone-based identity verification grou

Westpac to offer smartphone-based identity verification group-wide


By
Ry Crozier
on Apr 6, 2021 6:55AM
Following a successful trial with its St.George Bank brand.
Westpac is in the process of making smartphone-based identity verification an option for customers of all its banking brands, following a successful trial with St.George Bank.
The group is using digital identity verification technology from Sydney-headquartered OCR Labs, which captures images of a physical identity document and then still images and video of the person, and matches them.
Such technology is increasingly being used in the financial services sector worldwide to verify the identity of people remotely, meaning they no longer need to attend a branch or other physical space to perform a 100-point identity check.

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