Identity Verification and Mobile Onboarding Take Center Stage in This Week’s News Roundup

Identity verification is the key theme of this week’s roundup of FindBiometrics’ top stories, with an assortment dominated by discussion of remote onboarding technology. And it isn’t just news articles that attracted attention.

An on-demand video, for one, received a great deal of interest from the FindBiometrics audience. Titled “The Future of Identity Verification: Leading Markets, Use Cases & Success Stories”, the video revolves around a fireside chat between FindBiometrics Editor in Chief Peter Counter and Ping Identity Head of Personal Identity Armin Ebrahimi, who offers insight on a number of topics including customer onboarding and AML and KYC compliance:

WATCH NOW: The Future of Identity Verification

FindBiometrics’ ID Talk Podcast also got some time in the spotlight this week, with the FindBiometrics audience showing sustained interest in an episode focused on emerging mobile ID technology. HID Global VP of Product Marketing Helmut Dansachmüller appeared on the show to talk with Peter Counter about how his company has helped to pioneer mobile ID with the Apple Wallet, and about Apple’s plans to integrate mobile driver’s licenses into its wallet app in the near future:

ID Talk Podcast: HID’s Helmut Dansachmüller on Apple Wallet and Digital ID

Speaking of mobile ID, the topic attracted a lot of readers via FaceTec’s news that it had upgraded its biometric Software Development Kit. The company brought a number of improvements to its face authentication SDK, with CEO Kevin Alan Tussy emphasizing its utility in verifying the identities of end users signing up for mobile ID platforms:

FaceTec Secures Mobile ID Onboarding With SDK Upgrade

Another selfie onboarding specialist, Socure, garnered interest with its new Predictive Document Verification tool, which adds an extra layer of risk scoring to Socure’s facial recognition-based solution. In addition to matching an end user’s face to a given identity document, the new tool will also use information from the ID to check for signs of fraud risk, for example by verifying data against telecom records:

Socure Launches Risk Scoring Solution to Complement Selfie Onboarding Platform

And finally, FindBiometrics visitors couldn’t resist reading up on yet another data breach incident. In this case, the major slot machine operator Dotty’s reported that a malware attack exposed a range of customer data, including financial, health insurance, and biometric information:

Biometric Information Exposed in Slot Machine Operator Data Breach

Stay tuned to FindBiometrics for the latest news from the exciting world of biometrics. You can also visit our sibling site Mobile ID World to read the latest about digital identity.

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October 2, 2021 – by Alex Perala

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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

AuthenticID provides 100% automated identity verification and fraud detection solutions that are leveraged by companies worldwide, including 2 of the top 3 U.S. Banks, 8 out the top 10 wireless providers in North America, and 2 of the 3 credit bureaus. Using proprietary computer vision and machine learning technology, these solutions help companies accurately verify the identity of their users across retail, digital and call center environments for onboarding and ongoing re-authentication events; KYC, IAM, and more. The solutions are easy to integrate and provide customers a large ROI by stopping fraud losses, increasing customer conversion at onboarding, reducing operational costs and allowing quick and cost-effective operational scalability, all while ensuring global privacy regulations are complied with. https://www.authenticid.com/

Anonybit is a privacy-focused technology platform that provides decentralized solutions for securing personal data, particularly biometric information. Rather than storing sensitive data in centralized repositories, which are vulnerable to breaches, Anonybit uses a distributed architecture that breaks data into smaller encrypted bits and stores them across a network of decentralized nodes. This approach ensures that no single entity has access to the full dataset, enhancing privacy and security, even preventing insider threats. Anonybit is used by leading banks, fintechs and other enterprises for critical biometric identity functions like deduplication and blocklist checks, step up authentication, passwordless login and account recovery https://anonybit.io/

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