The Context

Freedom Finance Bank is a leading digital-first financial institution committed to providing cutting-edge financial services. The bank’s core philosophy revolves around innovation, automation, and uncompromising client safety. By prioritizing digital accessibility, Freedom Finance Bank aims to offer a comprehensive suite of financial products to its customers, regardless of their location.

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The Challenge

As a digital-first institution, Freedom Finance Bank faced the critical challenge of balancing speed with security in remote banking.

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• The Threat: The increasing prevalence of sophisticated biometric presentation attacks, including deepfakes, high-resolution photos, videos, and 3D masks.
• The Bottleneck: Lengthy or complex verification processes that cause friction during onboarding and daily service access, potentially leading to client drop-off.
• The Goal: To implement a biometric solution that provides instant, ultra-secure access to financial services while ensuring absolute protection against fraudulent attempts.

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The Solution

Freedom Finance Bank selected Unico’s advanced biometric technology to fortify its online services. Specifically, the bank implemented Unico Liveness, a cutting-edge solution for biometric attack detection. Opting for a server-based deployment, the bank secured greater internal control and achieved seamless integration with its existing technological infrastructure. The solution leverages a powerful passive algorithm that requires only a single, one-second video to conclusively verify a user's liveness without any active prompts or complicated actions from the user.

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The Impact

The integration of Unico Liveness yielded immediate and impressive results, fundamentally optimizing the bank's digital access points:

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• Unprecedented Speed: Clients can now securely access any online financial service with just a 1-second verification process, vastly reducing friction.
• High-Volume Scalability: The efficiency of the system was proven rapidly, with over 30,000 clients successfully verified within the first three months of launch.
• Ironclad Security: Operating with an outstanding 99.99% accuracy rate, Unico Liveness reliably distinguishes genuine users from fraudulent spoofing attempts, safeguarding client assets and boosting conversion rates through improved user experience.

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The Horizon

Freedom Finance Bank’s successful deployment of Unico Liveness reinforces its position as a pioneer in digital banking. Moving forward, the bank continues to rely on Unico's automated, high-accuracy solutions to mitigate risks and streamline processes. This secure foundation will allow Freedom Finance Bank to continually innovate and confidently launch new remote services, knowing that client safety and seamless access are guaranteed.

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