How do we add value?
1. For banks, voice print could be an additional layer apart from social security numbers and other attributes Multi factor authentication system can be built and deployed at selective stages of transactions. GDPR compliance, personally identifiable info can be anonymized, deleted and “right to forget” ability in-built for EU compliances, privacy concerns.
2. Banks need to plan for inclusivity. Govt sponsored programs for new immigrants in EU region, can be provided with quicker bank accounts, using voice biometrics. Immigrants may not have valid passports or ID papers for the initial stay at EU