Cover the Full Identity Life Cycle With Ease
Identity verification shouldn’t end after customer onboarding. Monitoring activity continuously is imperative as customers (or fraudsters) interact and transact with your business. Step-up authentication offers a means to keep customers and your business safe with minimal friction when requiring access to sensitive data.
AuthenticID’s identity proofing solutions features:
- Convenient step-up authentication methods, including identity document verification or selfie biometric authentication
- Fraud detection and bad actor watchlists with AI and machine learning technology
- 100% automated verifications with a confident yes/no decision in seconds- no manual review
- Liveness detection to ensure ID or person is physically present during re-authentication for higher assurance
- A more secure and favorable alternative to traditional KBA authentication
Three Common Instances to Implement
Step-Up Authentication
High-Value Financial Transactions
Monitor large purchases or high-dollar amount transfers from one account to another. These are ideal instances for step-up authentication, especially for higher risk anomaly transactions.
Changing Account Details
Requests to change contact information or personal information on user accounts, or if a user is logging in from a new location, can require step-up authentication to keep accounts and identities safe.
Multiple Failed Login Attempts
Trigger ID re-authentication or biometric verification when there are multiple entries of incorrect credentials by the user for secure access.
Product Recommendations for
Step-Up Authentication
Our identity proofing and fraud prevention solutions are powered by patented machine learning and AI technology that will help detect and prevent fraud while quickly verifying the identity of users.
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.
Frequently Asked Questions about Step-Up Authentication
Step-up authentication aims to enhance the user experience by implementing additional levels of authentication only when it’s absolutely essential. Unlike standard static multi-factor authentication, which necessitates extra steps for every sign-in or specific action, step-up authentication primarily strengthens security measures in risk based authentications.
Consequently, for most routine actions, users can enjoy a smooth and seamless experience without the need for cumbersome security measures. However, in situations involving more sensitive procedures like modifying personal information or conducting substantial transactions, users can appreciate the heightened level of adaptive authentication, reassuring them that their accounts and data remain secure.
Multi-factor authentication (MFA) is when users are asked to provide multiple forms of authentication to prove their identity when higher levels of assurance are required. Since step-up authentication requires users to produce an additional form of authentication, it thus utilizes MFA and MFA techniques.
Use step-up authentication with multi-factor authentication for additional layers of authentication when users are requesting access to sensitive resources.
There are multiple authentication methods and they are not created equal. Each method carriers a different security level. Additional methods of authentication include MFA, SMS, KBA, Biometrics, Voice, Tokens, Authenticator Apps, Security Keys, etc.
Utilizing facial biometric authentication, otherwise known as a taking a selfie, in combination with liveness detection typically offers a higher level of security. This combination can ensure the person taking the selfie is actually present and stop the most sophisticated spoofing attempts.