France-based CTMS has partnered with biometrics and identity assurance software developer Daon to deliver digital on-boarding solutions to financial institutions.
The partnership will enable CTMS to leverage Daon’s biometric technologies to provide KYC and on-boarding solutions to banks and other industries in France.
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The scope of the partnership also includes other French-speaking countries.
CTMS CEO Christophe Dolbeau said: “With the extraordinary increase in digitalisation, CTMS must meet the security needs of financial institutions and all the other industries facing identity and documentary fraud. Biometrics is one of those answers.
“It concretely helps the fight against fraud, allows us to provide an even higher degree of security to our customers while facilitating the journey of users.
“Our partnership with Daon enriches our offering with the best of biometric technologies, complementing our leading anti-fraud position.”
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By GlobalDataRecently, Daon released a new version of its biometric-based digital on-boarding product compatible with mobile and web.
It includes smart fraud detection with anti-spoofing and biometric watchlists to detect duplicate identities and multiple account opening attempts.
Additionally, it can be integrated with third-party identity proofing tools.
Daon CEO Tom Grissen said: “As Daon’s integrated platform for biometric-based digital onboarding and authentication IdentityX continues to expand internationally and across various business sectors, we are excited to partner with CTMS and share in its mission of bringing security and fraud prevention to financial institutions and other industry players in France and on the global stage.”
