Financial Fraud Solutions
Advance your organization with our range of identity services for in-branch, self-service kiosks, call centers, online, or mobile app transactions.
Identity Verification Benefits for Financial Services
Stop fraud while increasing account openings with
Discover how our 100% automated machine learning identity verification technology can help you achieve your enterprise objectives while removing risk from synthetic identity fraud.
The impact of fraud across Financial Services.
At nearly any point in the customer journey, there are new risks to data privacy, fraud protection, and security. Bad actors and fraudsters are continuously finding new ways to infiltrate your security measures and protocols.
Source: Transunion Digital Fraud in 2021
Association of Certified Fraud Examiners: Occupational Fraud 2022: A Report to the nations
Sift Q1 Digital Trust & Safety Index
Our portfolio of products offers a complete financial fraud solution to meet any business’s KYC and IAM requirements.
AuthenticID’s Facial Biometric technology provides a fast, simple way to authenticate an individual by matching a person’s selfie to the photo on a government-issued ID, profile picture, or any other image of a person’s face with complete accuracy.
Our machine learning technology provides 99%+ accuracy in detecting even the most sophisticated fraudulent documents. Our proprietary technology combines machine learning and AI to review over 2,000 unique computer vision data models to verify an ID’s authenticity.
Fraud Shield is AuthenticID’s proprietary, fused biometric and biographic watchlist service, offering fraud detection and protection unlike anything else on the market. This “superpower” solution is nearly 100% accurate and can protect your company against even the most rapid, prolific, and sophisticated bad actors.
Security in Online Financial Transactions is Possible
AuthenticID’s identity verification technology may be added to workflows in a broad range of Financial Services to reduce fraud and mitigate risk. Deliver secure, frictionless digital experiences to your customers for any transaction…anytime, anywhere, and on any device.
|• Traditional Banking
|• Digital Banking / NEO
|• Payments and Remittance
|• Crypto and Blockchain
|• Brokerage and Investments
|• Traditional Lending
|• Money Transfers and Payments
|• High-risk Transactions
|• Crowd Funding
|• Alternative Lending
|• Payment Rails
|• Peer-to-Peer Exchange
Our fused machine learning, identity verification technology provides 99%+ accuracy in detecting even the most sophisticated fraudulent documents. AuthenticID’s proprietary technology combines machine learning and AI to review over 2,000 unique computer vision data models to verify an ID’s authenticity.
STAYING AHEAD OF FRAUD IN FINANCIAL SERVICES
Now more than ever, you need to minimize fraud while ensuring digital identities stay secure for your business and your customers. As consumers become more comfortable banking and transacting digitally, the greater the risk for fraud and identity theft. The financial sector not only must juggle ongoing digital transformation, but a rapidly-changing technological landscape.
AuthenticID’s Facial Biometric technology provides a lightning-quick, simple way to authenticate an individual by matching a person’s selfie to the photo on a government-issued ID, profile picture, or any other image of a person’s face with complete accuracy. Combined with AuthenticID’s liveness detection solution, we can ensure the person taking the selfie is actually present.
You won’t find a more qualified team.
AuthenticID is run by a “who’s who” of experts in identification documentation, forensic science, counterfeiting, and law enforcement, as well as leaders in face, fingerprint, and palm biometrics.
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Learn more about our identity verification products and solutions.