Paycasso in association with PwC at Biometrics 2015

Paycasso, in association with PwC, will be at this year’s Biometrics 2015 exhibition on the 14th and 15th October at the Queen Elizabeth II Conference Centre in London. Located at stand W230, Paycasso CEO Russell King and PwC Director in Forensic Services Ben Luddington, will be on hand to discuss how they are working together to raise awareness of the benefits of biometric facial recognition and ID verification technology in the financial sector.

The alliance between Paycasso and PwC was designed to enable the two companies to showcase the value of Paycasso’s disruptive, biometric technology in helping financial institutions combat financial crime and meeting their legal and regulatory obligations to Know Your Customer (‘KYC’). PwC recognised the importance of these emerging technologies, and the ability to increase both the efficiency and effectiveness of financial crime controls for a wide range of financial institutions and, following a vendor evaluation program, selected Paycasso.

Russell King commented on the alliance, “Paycasso recognised the value of PwC’s global subject matter expertise and the depth of understanding they have, of the challenges faced by its clients in an area of continually increasing regulatory scrutiny.”

Paycasso and PwC will be hosting a panel debate on 14th October at 11.45 – 12.15 in the seminar theatre, focusing on; “How companies are implementing biometric technology and the changing face of KYC”. They will be joined by senior management of Behaviosec as they explore how their work is improving the customer on-boarding process and experience, offering new levels of speed and security, while supporting compliance with KYC regulatory requirements.

King added, “I’m delighted to be at Biometrics 2015 with PwC to demonstrate the quantifiable benefits that solutions such as ours are now delivering within the financial services sector.”

About Paycasso:

Founded in 2012, Paycasso is headquartered in St. James’s, London, England with offices in Jacksonville, FL, Louisville KY, USA and Kiev, UA. Paycasso is a provider of market-leading software that simply and effectively verifies the identity of consumers engaged in mobile, online or in-branch transactions. Companies are struggling to recruit more customers, manage their personal and financial data, and maintain compliance with the appropriate regulatory bodies. The company’s unique, patented suite of products (VeriSureTM, InstaSureTM, DocuSureTM & IdentiSureTM) helps them to address these critical challenges whilst expelling the corporate and consumer risks associated with impersonation fraud and identity theft.

About PwC:

PwC has been at the forefront in assisting financial institutions with their Know Your Customer (“KYC”) programmes. Biometric technologies represent a natural evolution, enhancing the customer experience and simultaneously streamlining the KYC process. PwC is working with biometric technology vendors to deliver industry leading solutions, utilising extensive experience of implementing KYC programmes and a thorough understanding of the regulatory environment.