Veriff’s biometric analysis ensures customers are who they say they are and can protect both businesses and their customers from identity theft by making it a nightmare for fraudsters to use stolen data.
Ashley Nelson, January 27th, 2022
ShareLove this blog? Why not share it with the world?
Happy Data Privacy Day! A holiday, as you can imagine, is very important at Veriff. We have a front-row seat to the ever-growing online world, which means more and more personal information is living online. With an increasingly digital world comes a host of bad actors looking to infiltrate private data of both individual people and corporations.
According to ProPublica, corporations lose about $200,000 every time they incur a data breach — and the burden is even larger for individuals. The cost of identity theft for taxpayers has been in the billions, seeing up to $250 billion in losses for unemployment insurance breaches alone.
Veriff’s biometric analysis ensures people are who they say they are and can protect both businesses and their customers from identity theft by making it a nightmare for fraudsters to use stolen data.
Here are 3 ways Veriff’s Face Match protect our user’s data:
Veriff's biometric analysis increases safety across the board, saving customers and businesses both time and money. For more information about Face Match, head to our website.
Veriff has been awarded certification against the ISO/IEC 27001:2013 standard
Former marketing leader at Qualtrics joins Veriff’s executive team as CMO to expand strategic marketing initiatives across the globe.
The actual process of monitoring transactions depends on the services your business provides. However, generally speaking, in order to monitor financial transactions, a company will create a rules-based system that’s based on their needs.