CNBV Tightens Banking Authentication With Facial Biometrics
Mexico’s CNBV has authorized facial biometrics, in addition to fingerprints
Mexico’s CNBV has authorized facial biometrics, in addition to fingerprints, to verify customer identity in a range of banking operations as part of tighter digital banking rules. Coverage from Imagen Radio links the measure to a broader effort to reduce fraud and operational risk through updated digital records and more robust identity verification.
New rules for digital banking
The CNBV has authorized the use of facial biometrics, along with fingerprints, to verify customer identity in various banking operations, according to a summary shared on social media about the regulator’s new rules. The measure is part of a broader effort to strengthen authentication in digital channels and fits into a wider adjustment of standards for Mexican banking.
Imagen Radio reported that the CNBV’s stricter biometric and cybersecurity rules are intended to reduce fraud and operational risk in digital banking. According to that coverage, the authority is seeking to strengthen identity verification through updated digital records and tighter controls in processes tied to customers and transactions.
Controls over biometric data
The information posted on Instagram, linked to the Imagen Radio report, also says financial institutions will need to reinforce their cybersecurity controls related to the collection and storage of biometric data. That requirement appears to be part of the broader set of obligations surrounding the adoption of these authentication methods.
The same material does not yet detail the specific compliance deadlines set by the CNBV. For now, what has been confirmed is a shift toward stricter identity verification and greater scrutiny of how banks collect, store, and protect the biometric information they use in digital channels.
Sources
- CNBV endurece reglas de biometría y ciberseguridad en la bancaimagenradio.com.mx· Imagen Radio
- Post sobre captación de datos biométricos para autenticar operaciones bancarias conforme nuevas reglas de CNBVinstagram.com· Instagram (usuario: negocios_en_imagen)
