250 credit unions signed up for Daon’s biometric integration through partner CU*Answers

daonDigital identity verification and multi-factor authentication has been implemented by more than 250 credit unions in the CU*Answers credit union service organization’s network through its IdentityX platform. The adoption update was provided by Daon Americas President Conor White in a LinkedIn position.

The network of more than 350 credit unions served by CU*Answers can deploy Daon’s selfie biometrics and other technologies for remote customer onboarding, as well as authentication. Daon IdentityX was originally chosen by CU*Answers to serve its member organizations at the end of 2020.

Daon IdentityX combines document-centric identity verification and MFA for a solution that spans the full customer identity lifecycle, and already serves more than 200 credit unions.

“We’re seeing a surge of organizations across industries recognizing that siled identity capabilities are a thing of the past, and credit unions are no exception,” White comments in a Daon announcement. “Together with our partners at CU*Answers, we are ensuring that the benefits of our identity assurance technologies extend to credit union members around the world.”

Credit union members can scan their government-issued ID and submit a selfie for facial biometrics matching liveliness detection to complete proof of identity through IdentityX in a process that takes about a minute , according to the announcement. Additional third-party data sources may also be used to meet credit union KYC and AML requirements.

“CU*Answers is excited to add this extra layer of security on behalf of our clients and their members to reduce fraud at the very beginning of building a relationship,” says Geoff Johnson, CEO of CU*Answers. . “Our goal is to increase our customer satisfaction levels by providing as seamless a user experience as possible while keeping fraudsters out, and Daon has been a great partner in facilitating that.”

The IdentityX platform also includes voice biometrics, which has been added to the Genesys AppFoundry Cloud Marketplace in September.

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