IDVerse’s Face Access System Offers 99.998% Accuracy for Customer Authentication

IDVerse has launched Face Access, a new authentication system that performs face matching and liveness detection in real time. It’s a solution aimed at businesses, offering a user-friendly means of authenticating customers.

The system’s facial recognition technology offers 99.998 percent accuracy at a False Match Rate of 0.00178 percent and a False Non-Match Rate of zero. It also employs IDVerse’s Deepfake Defender system, which the company says offers “100 percent liveness video fraud assessment” for the detection of deepfakes and other spoofing attacks.

In a statement, IDVerse CTO Matt Adams emphasized that it takes just “milliseconds” to perform a face match. “This speed is critical for businesses looking to securely reauthenticate users in real-time, eliminating cumbersome methods like OTPs and security questions while delivering a seamless user experience,” he said.

Adams added that the solution enables businesses to “move away from outdated methods like KBA, OTP, and Authenticator apps.” IDVerse is pitching Face Access for a number of specific applications, including passwordless login, account recovery, payment verification, and bot detection, among others.

Adams co-founded the company together with Dan Aiello in 2018. Originally called OCR Labs due to its focus on optical character recognition technology, IDVerse rebranded last year to better reflect its expanding array of identity assurance technologies. The company has also put an increasing emphasis on its efforts to deliver “Zero Bias AI” that does not offer differing accuracy rates across different demographic groups.

Face Access is powered by AWS and does not store face images, helping to assure businesses that their customer data is safe and that they are in compliance with various privacy regulations. IDVerse’s Head of Legal, Risk and Compliance for the Americas, Terry Brenner, spoke with the ID Tech podcast at the Identity Week America event earlier this month, offering fascinating insights into how the company works with clients to navigate the rapidly evolving regulatory landscape.

–

September 25, 2024 – by Alex Perala