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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)
By October 2025 all companies must adhere to the most recent ISO/IEC 27001:2022 standard. Previously ISO/IEC 27001:2013 certified companies are required to transition to the newer version of the standard within three years after the issuance of the 2022 version. Veriff decided to tackle this challenge ahead of time and started preparing for the transition
Intro Veriff launches enhanced identity verification capabilities tailored specifically for the video gaming industry. The offering streamlines the identity verification process for gamers, while helping gaming platforms safeguard their users by ensuring that players are only able to access age-appropriate content. Today, there are an estimated 3.24 billion active gamers around the world, and that number is
A free-flowing economy needs money to be readily available. Consumers with access to their money have more choices, more financial freedom and are more likely to make impulse or advertising-inspired purchases. Currently, over 1.2 million Britons and 24.2 million US citizens are unbanked, meaning they don’t have access to bank accounts, debit cards and other everyday financial products. For
Veriff pledges to support nonprofits and foundations amidst the unique challenges the COVID-19 pandemic has brought upon us by donating 1 million free identity verifications. Face to face interaction is currently limited to an absolute minimum, yet identity verification is more important than ever before. The solution is reliable and secure remote identity verification at scale.
