One of the Philippine’s largest banks is introducing biometric verification through voice recognition in order to stem fraud. UnionBank will become the first to implement speech recognition in the country, starting with its customer service, local news outlet PhilStar reports.
UnionBank does not reveal the biometrics vendors it uses in its data privacy statement. UnionBank’s head of AI Adrienne Heinrich said that young digital nations such as the Philippines still lack awareness of financial fraud.
