Middle East Bank Cuts Verification Costs by 40% with Voice Biometrics

Learn how Sutherland was instrumental in driving secure, efficient, and customer-friendly banking experiences with advanced biometric authentication for a Middle East based bank

Industry: Banking and Financial Services | Services: Artificial Intelligence, Digital CX, Digital Engineering Services, Enterprise Packaged Applications

Client Overview

A leading bank in the Middle East with millions of customers across retail and corporate banking. The bank is known for its commitment to innovation and delivering secure, seamless experiences to its diverse customer base.

The Challenge

Balancing Security and Customer Experience in Banking

The client faced growing challenges with traditional verification processes. Manual authentication methods were costly, time-consuming, and prone to customer dissatisfaction. Rising fraud risks demanded a more secure yet customer-friendly solution to safeguard accounts and reduce operational expenses.

Sutherland Solution

Voice Biometrics for Secure, Efficient Banking Operations

Sutherland introduced an advanced voice biometrics solution, enabling fast and secure authentication for customer interactions. By leveraging unique voice patterns, the bank reduced dependency on manual verification processes, significantly cutting costs while strengthening fraud prevention measures. The solution seamlessly integrated with existing systems for minimal disruption.

The Outcome

Lower Costs, Stronger Security, and Better CX

With Sutherland’s solution, the bank achieved a 40% reduction in verification costs while delivering faster, more convenient customer interactions. Fraud risks were mitigated with advanced biometric safeguards, and customer satisfaction improved due to the frictionless authentication experience. The transformation positioned the bank as a digital innovator in secure banking operations.

KEY OUTCOMES

40%

Reduction in expiry losses

Ready to Enhance Security and Reduce Costs in Banking? Partner With Sutherland Today.