An online bank in Brazil called NEON that launched this week has deployed multimodal biometric security developed by Daon in its mobile app.A so-called “mobile-only” bank, Neon will use its app as the primary point for customer interaction.Instead of authenticating with a username and password, customers can use Daon's IdentityX platform to use facial biometrics, ensuring greater convenience and security.NEON will be the first bank in Brazil to use biometric authentication for transactions within the application.Customers will use facial recognition to access their account and to perform additional transactions, such as transfers and payments. When the customers sign up they will enroll in biometric authentication with their mobile device by taking a selfie that will be used for future registration and authentications.Biometrics were implemented to improve the customer experience and also provide a greater level of security.”Daon works with some of the most innovative brands in the financial services industry and we're excited to be working with NEON to provide their customers with a superior user experience through the use of biometrics,” said Tom Grissen, CEO at Daon. “Convenient and secure authentication has become critical in today's digital economy as customers embrace their smartphone as the preferred device to do business online.”

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