Identity Proofing and Fraud Prevention

The State of Biometrics Solutions: Use Cases and Advances

By | 2017-06-14T12:42:50+00:00 June 15th, 2017|

Global Market Insights estimated that the biometrics market will be worth $31 billion by 2023, with future growth driven by consumer-facing applications like mobile authentication. Consumer electronics, healthcare, banking, and even the home safety industry are integrating advanced biometrics capabilities into their products, services, and operations. This is in part because biometric technology is performing [...]

Reaching the Next Level of Banking Security with Biometric Facial Recognition

By | 2017-05-11T09:22:57+00:00 May 11th, 2017|

The number of identity fraud cases increased 16 percent between 2015 and 2016, according to Javelin Strategy & Research. The finance sector still struggles to combat fraudsters. Despite increased adoption of EMV cards and robust password creation policies, banking customers are still falling victim to fraudsters, and it's costing banks big. U.S. financial institutions alone [...]

Biometrics Untethered – Capture and Search with Better Accessibility and Ergonomics

By | 2017-03-24T12:46:59+00:00 February 9th, 2017|

Mobile technology has revolutionized many industries, and biometrics is one of them. As biometric authentication on handsets has become ubiquitous, the impact of its adoption has impacted biometrics beyond consumer applications. The mass-market scale of biometric authentication is driving useful technology improvements into biometric enrollment for search. One example is sensors. It wasn’t that long [...]

Astra™ – A Next-Gen Biometric Platform from Aware Sets a Benchmark

By | 2017-03-24T12:47:01+00:00 May 18th, 2016|

In talk about large-scale biometric systems, we hear a lot about algorithm performance: speed, accuracy, template size, false accept and reject rates, ROC and DET curves, etc. These are critical to knowing if a biometric algorithm is up to the task at hand. But we hear less about how these systems achieve their massive scale; [...]

Biometric Database Interoperability for Fraud Prevention in LATAM

By | 2017-03-24T12:47:01+00:00 April 14th, 2016|

Latin America (LATAM) is one of the most culturally rich and diverse regions in the world; a melting pot that combines native traditions with a perpetual influx of people from all corners of the world. Unfortunately, the diversity of its identity is matched by that of its identity credentials, and the opportunities for fraud it [...]

Biometric KYC (Part III) – Registration of Prepaid SIM Cards

By | 2017-03-24T12:47:01+00:00 March 25th, 2016|

Millions of people in many parts of the world buy prepaid SIM cards to purchase mobile telephony and data services on a pay-as-you-go basis, as opposed to a subscription and contract. The vast majority of users are attracted to this model of service for its low cost, flexibility, and convenience. But the potential anonymity afforded [...]

Biometric KYC (Part II) – Biometric Identity Proofing Gets Off the Ground for Onboarding

By | 2017-03-24T12:47:01+00:00 March 18th, 2016|

Biometrics have been primarily the business of governments for many years, which—for applications like law enforcement, defense, and border control—applied biometric search to “identify” people, essentially verifying their claimed identity.

Today, biometric sensors are ubiquitous, and millions of people are using biometrics many times each day for authentication. It’s now hard to remember a time when the association of biometrics with criminality was reflexive; a notion that collection of my fingerprints—let alone a mugshot— represents accusation and inherent mistrust. This is a powerful paradigm shift for the industry not only in terms of market potential but for the change in how consumers view biometrics [...]

Biometric KYC (Part I) – Keeping Fraudsters Out of Your System

By | 2017-03-24T12:47:01+00:00 March 4th, 2016|

Some form of identity theft is at the heart of most financially-motivated fraud. A proliferation of personally identifiable information (PII) available through social media and other public sources is easily accessible to aspiring fraudsters, while the anonymity of Internet commerce and communication gives them plenty of cover. Illicit call centers troll for private identity data [...]