Veriff, a global identity verification (IDV) and authentication provider announced it completed the ISO/IEC 30107-3 iBeta Level 2 Compliance evaluation for biometric passive liveness detection. As Veriff continues to evolve its defense shields against biometric fraud, the iBeta Level 2 compliance is an independent external validation to solidify that Veriff’s solution meets the highest standard
In ‘The CX Revolution: How biometrics are redefining customer account verification,’ Veriff’s experts outlined the specific threats we’re seeing and how Biometric Authentication is protecting our customers. Here are five key takeaways. 1. Online fraud is increasing – and becoming more sophisticated Chris Hooper, Global Director of Content and Creative, outlined the growing threat from
In today’s digital world, online reviews hold significant weight. People often turn to platforms like Trustpilot to gauge a company’s credibility. Naturally, seeing negative reviews might raise some concerns. However, when it comes to identity verification companies like Veriff, these negative reviews can actually signal something positive. A Sign of Effective Fraud Prevention One of the primary goals
1. Voter ID requirements Many states in the U.S. have implemented laws that require voters to present specific forms of identification at the polls. These laws vary significantly from state to state, with some requiring photo IDs and others accepting non-photo forms of identification. Each state has its own voter ID laws, with most requiring identification
The General Data Protection Regulation (GDPR) sets a high standard for data protection, ensuring personal data is handled responsibly and with respect for individuals’ rights. Both the EU and UK GDPR are based on these seven key principles that guide businesses in managing personal data. Understanding these principles is crucial for businesses to effectively navigate their
In today’s digital era, organizations face the dual challenge of securing online transactions while meeting stringent compliance requirements. Biometric Authentication offers a powerful solution for strengthening security, mitigating online threats, and enabling compliance with regulatory requirements. Veriff’s Biometric Authentication matches facial biometrics from a simple selfie against a stored facial biometrics template to confirm that a returning
What is a voter ID? A voter ID is a form of identification required by some jurisdictions to verify a person’s identity before they are allowed to vote in an election. The purpose of a voter ID is to prevent voter fraud by ensuring that each person who casts a vote is who they say they
Understanding the widespread adoption and importance of biometric methods According to the Biometrics Institute, biometrics refers to the “automated recognition of individuals based on their biological and behavioral characteristics.” Biometrics are a way of measuring a person’s physical characteristics or quantifying their behavior. Each piece of biometric data a person possesses (such as a fingerprint or an iris
According to a recent study from Liminal, the average fraud loss associated with a successful Account Takeover (ATO) attack is $6,232. Account takeover fraud attacks can cause irreparable damage to a business. As well as costing huge sums in chargebacks, ATO attacks can also damage the relationship between a business and its customers. Plus, these attacks
Veriff developed the tool to showcase how a low-friction AI-powered solution can empower users who want to access age-gated products or services without sharing their identity documents to get an age-check in one click with a selfie. Companies use the Age Estimation tool daily to assess the age of their users as accurately as possible for (internet)
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