October 7, 2014 -
The European Association for Biometrics announced it will be holding a seminar entitled “Biometrics in Banking” on October 24 in London, UK, which will focus on opportunities for biometrics in the financial market.
Biometrics in Banking will be hosted by Citibank and is co-organized by Financial Fraud Action UK, and will be held from 10:30 a.m. – 5:00 p.m. at the Citibank branch at 25 Canada Square in Canary Wharf.
The seminar will feature a range of speakers, from end users who share their experiences with using biometrics in their daily applications, to experts who will discuss recent biometric technology advances.
Keynote presentations will be delivered by Jonathan Vaux, executive director of Visa Digital at Visa Europe, and Professor Christoph Busch from the Gjøvik University Norway.
The event follows the EAB’s successful workshop at the German Association for Banks in Berlin in April.
This second edition of Biometrics in Banking will further explore the business cases and developments in mobile banking and financial transactions.
End users will offer their own experiences from a business perspective, including in the areas of process flows, added value, fraud reduction, implementation strategy and client experience.
The workshop will instruct attendees on biometric methods and applications by looking at ways in how biometrics can help users and organizations optimize crucial aspects of the banking process, including customer interaction, operational efficiency, and fraud reduction and prevention.
Topics will include emerging opportunities in smartphones and tablets, best practice of apps and web-based applications, biometric solutions for in-branch and mobile environment for internal and customer-facing usage, how biometrics support trends such as personalization, the process of embedding biometrics into processes, and the influence biometrics has on mobile payments, banking and financial services environment.
Additionally, the speakers will also discuss how processes can be designed both biometrically protected and privacy compliant.
With a limited number of seats available, the event has already seen more than 20 banks registered, including the Royal Bank of Scotland, Barclays, ABN AMRO, Investec Bank, BarclayCard, HSBC, and Tesco Bank.
The registration fee is 275 EURO for suppliers and consultants, 75 EURO for EAB members, and free for all banks and other financial services organizations.
The workshop, which will include a lunch, will be moderated by the EAB’s Farzin Deravi.