
17
May
Facepoint
in
Comments
Facepoint has taken advantage of enhancements in biometrics & AI to launch a new “No name” AML/KYC screening solution based on facial recognition that no longer relies on inefficient name-based data matching. Combining a unique photographic database and state-of-the-art biometric matching technology, Facepoint enables institutions to biometrically identify persons of interest, such as criminals, terrorists and politically exposed persons. The solution supersedes conventional alphanumeric matching, using facial recognition in order to disambiguate potential matches, massively reducing false positive rates, and addressing the Achilles’ heel of identity fraud.