Money 20/20 USA: Tune in to Veridas and Biometrics

January 20, 2024
1 min read

TLDR: Voice biometrics has the potential to revolutionize financial services, according to Eduardo Azanza, CEO at Veridas. He highlighted three key benefits of voice biometrics: enhanced security, improved user experience, and reduced authentication time and cost. With the rise of fraud cases, the use of biometrics in the financial sector is expected to increase. Azanza emphasized the shift from using a presumed identity (e.g., passwords) to utilizing biometrics as a more secure form of identity verification.

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