Airtel Payments Bank has introducued a new feature called Face Match. It is meant to make the account more secure for the user. Face Match uses sophesticated machine learning algorithms for calculating a threat score for each savings bank account user. This will depend on several factors such as user behaviour, transaction location and patter, device, and more.
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The user needs to surpass the threat score to secure their account from potential fraudulent transactions. One the Face Match is activated, the user will immediately receive a notification of the same on their registered mobile number. The notification will come with a link that will redirect the user to the Face Match section of the Airtel Thanks app. The user will have to simply take a selfie here and then the selfie is compared to the original ohoto from the onboarding process.
Based on the facial recognition and liveliness checks, the customer will be granted access to making trasactions. If there's an unsuccessful match, the app will prompt the user to visit a nearby banking point for biometric verification.
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This kind of technology has been implemented by the company to ensure that customers don't fall prey to fraudulent activities such as account takeover and more.
"At Airtel Payments Bank, delivering secure digital banking is central to our mission. The introduction of Face Match marks a significant step in reinforcing our commitment to safeguarding our customers. By employing cutting-edge technology, we can effectively address potential threats while offering a seamless and secure banking experience. Our aim is to provide customers peace of mind through robust security measures and efficient account management," said Anubrata Biswas, MD and CEO of Airtel Payments Bank.
The Face Match feature will enhance protection for the users and also allow them for quick and easy verification.
