BIO-key Partners With Experian, Expanding Access To Identity Proofing

Fingerprint biometric identification technology company BIO-key International has just announced that it is entering into a strategic relationship with Experian Public Sector, a global information services company that helps businesses manage credit risk, prevent fraud, target marketing offers and automate decision making.

The partnership will see BIO-key’s fingerprint biometric technologies paired with Experian’s identity verification products. The aim is to expand access to identity proofing in transactions that require the highest level of authentication assurance.

Mike DePasquale, chairman and CEO of BIO-key, says: “We believe that the growing interest in mobile fingerprint authentication positions BIO-key and Experian to capitalize on the strengths of each in adding the key element of trust to any authentication process requiring the strongest level of assurance. The opportunity for relying parties to leverage Experian and a cloud based biometric ID verification prior to enrolling an individual in a biometric ID process of their own establishes an unprecedented root of trust to all subsequent activity.”

In a recent interview with our sister site, Mobile ID World, BIO-key’s VP of corporate development, Jay Meier, expressed the need for this kind of assurance for transactions that carry a high risk profile.

Philippe de Raet, vice president of Business Development and Strategic Alliances for Experian Public Sector, who will be speaking at Biometrics UnPlugged in Tampa, Florida, expanded: “…Experian customers will be able to positively ID an enrolled individual during face-to-face encounters, online via the internet or by mobile devices when speed and efficiency are paramount. The overall identification process which operates seamlessly across dozens of heterogeneous, low-cost fingerprint scanners, will add an additional level of scrutiny for transactions that require compliance with NIST 800-63 guidelines at level of assurance 4.”

The partnership will be targeting environments identified as “fraud-rich.” This includes government, healthcare and banking.

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July 22, 2014 – by Peter B. Counter

Partners

FaceTec’s patented, industry-leading 3D Face Verification and Reverification software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ finally make trusted, remote identity verification possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for 3D Liveness and Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

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Identity Week aims to be a significant identity industry catalyst. It’s our mission is to help accelerate the move towards a world where trusted identity solutions enable governments and commercial organisations to provide citizens, employees, customers and consumers with a multitude of opportunities to transact in a seamless, yet secure manner. All the while preventing the efforts of those intent on doing harm. https://identityweek.net/

The Biometric Digital Identity Prism is a market landscape framework designed to help influencers and decision makers understand, innovate, and implement digital identity technologies and solutions. This innovative framework for understanding and evaluating the rapidly evolving biometric digital identity marketplace is the only market model that is truly biometric-centric based on the foundational conviction that in the age of digital transformation the only true, reliable link between humans and their digital data is biometrics. https://www.the-prism-project.com

ID R&D is an innovator of biometric facial liveness, document liveness, and voice biometrics. Ranked #1 by NIST, our patented passive approach to liveness, and specialized detection of voice clones, injection attacks and deepfakes, empowers KYC and authentication systems with fast, accurate and secure biometric verification technologies. Over 140 partners in more than 70 countries are collectively processing hundreds of millions of identity checks per year. ID R&D solutions easily integrate with mobile, web, messaging, smart speakers, set-top boxes, and IoT devices. Learn more: www.idrnd.ai

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