Facephi has launched Facephi Intelligence Platform, an identity and fraud service that continues assessing a customer after onboarding, combining verification records with device and behavioral information to detect suspicious activity during a digital session.
The system builds what the company calls a persistent identity profile. It connects the initial identity check with later logins, devices and interaction patterns, allowing a financial institution to reassess risk as a customer uses its services. Facephi is positioning the platform for attacks in which a legitimate customer passes an initial check but a fraudster subsequently influences or controls the session.
Facephi says that kind of fraud gets past access controls because an impostor with a valid document, legitimate credentials and a properly opened session does not fail any individual check. “What they can’t reproduce is the way the account holder uses their banking app,” the company said, citing an INTERPOL warning that AI-powered fraud is 4.5 times more profitable than traditional fraud.
In one scenario the company describes, a customer unknowingly installs a malicious app that lets a third party control the phone remotely. When the attacker takes control and tries to make a transfer, the platform detects remote-access signals and an interaction pattern that does not match the account holder’s history, and it raises the session’s risk score before the transaction is confirmed.
The institution’s rules engine then applies its configured response. In Facephi’s example, that response cuts off the remote control without ending the customer’s session and alerts the fraud team, so the account holder keeps access to the app while the attacker loses it.
Facephi already supplies behavioral analysis and mule-account detection alongside its biometric identity products. The new platform builds on the company’s identity verification work, which spans biometric authentication, certified digital onboarding, deepfake protection and regulatory compliance.
The company is also pitching the platform to banks and fintechs that want to cut the number of fraud and identity vendors they use and replace separate point tools with a single system.
“For years, we’ve helped banks know who is opening an account. The problem they bring us now is a different one: knowing who is operating at this very moment, when the access is formally correct,” said Javier Mira, chief executive of Facephi. The Spanish company says it works with more than 400 clients, including more than 150 financial institutions, in over 35 countries.
Sources: Facephi
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By the ID Tech Editorial Team
