3 Ways Veriff’s Face Match Protects Users' Data

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: 

1. Know your customers 
   Veriff’s Face Match ensures that returning customers are who they say they are, by ​​matching a person’s face to an identity you already have on file in seconds.
2. Enhanced password protection  
   Enhance multi-factor password authentication — with Veriff you have state-of-the-art AI technology at your fingertips to ensure every login is done by the account owner, and it’s as easy as asking for a selfie. 
3. Resetting credentials 
   If users need to reset their account credentials — such as financial accounts or health records — Face Match ensures only the account owner is accessing existing accounts. 

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.