Eversheds Sutherland Legal Insights (audio)

In episode 1, we discuss the Financial Services (FS) sector’s increasing collection (and reliance) of biometric data, including for account validation and payment transaction purposes. COVID-19 has ignited many organizations’ digitization journey with companies now looking to facilitate the end users’ access to various FS services via the acceptance of biometric data. We also canvass key data privacy risks as well as some of the emerging regulatory trends across the US, Europe and Asia.