Read More about fast-id page

Shufti globally launches webinr-icon - a new kind of identity solution!

Shufti globally launches - a new kind of identity solution!

Read more

Top 5 Use Cases of Face Verification in the Digital Age

b-img-fv-veri

As novel applications and products are released every day, the use cases of face verification technology have expanded significantly in the last few years. Moreover, the rising number of identity theft and fraud have made it urgent for many businesses to deploy facial recognition systems. The global face verification market is expected to rise from $5.1 billion in 2022 to $19.3 billion in 2032.

Let’s dive deeper into the blog to understand the top 5 use cases of face verification technology in the digital age.

Use Case 1: Security and Surveillance

Face verification technology helps authorities verify individuals entering a premise whilst minimising human errors. Integrating face verification with surveillance tools boosts security across industries.

1. Protecting Storehouses

Warehouses are crucial in domestic and international supply chains, serving as storage hubs for manufactured consumer goods. Monitoring systems utilising facial recognition technology ensure that only authorised staff enter restricted areas. This facilitates in safeguarding of goods and minimises the risk of delivery disruptions.

2. Restricting Delisted Individuals from Entering a Venue

Face recognition technology empowers authorities to verify any individual and address the police if the surveillance cameras recognise a blacklisted individual or a wanted criminal. Such monitoring systems are ideal for businesses, stores, educational institutions, etc.

3. Smart Home Alarm Systems

Everyone is turning to home protection solutions that operate on face verification to secure their households. The security system activates or deactivates based on family members. When the system notices an unauthorised person on the premises, it informs the homeowner about the suspicion.

Use Case 2: Law Enforcement

Citizens and policymakers leverage face verification technology to investigate, search for criminals and terrorists, find missing people, and fight domestic violence. More significantly, technology helps the law enforcement sector mitigate the risk of crimes by timely spotting potential offenders.

1. Assisting People with Social Needs

Facial verification technology is not restricted to identifying criminals in the legal system. Another practical use case of the technology is identifying disoriented adults suffering from illnesses like dementia, amnesia, dementia, or Alzheimer’s. Integrating mobile phones with face verification apps allows police officers to access the federal photo ID database for potential matches quickly. This enables them to assist individuals in distress or need immediate support.

2. Finding Missing Persons

Face recognition technology is leveraged by law enforcement to detect missing or exploited persons. The AI-powered verification technology generates alerts when identifying potential matches, allowing law enforcement to investigate the case promptly.

Use Case 3: Fintech Operations

The popularity of face verification technology has increased significantly, especially in making payments via digital wallet services and mobile devices. Face verification application during transactions minimises the risks of identity theft. For example, integrating face recognition in the electronic version of the Know Your Customer (KYC) has become a crucial component of global financial institutions. The solution offers enhanced protection against identity theft, quick and efficient identity verification, and secure transactions.

1. Opening a Bank Account

When customers open a bank account, they must register themselves first. Registration involves conducting eKYC, scanning the client’s image, and matching it against the government database of IDs. Once the customer is verified through eKYC integrated with face recognition, they can access their account and other banking services.

2. Withdrawing Money from Cardless ATMs

Cardless ATMs are a significant digital breakthrough, helping individuals withdraw money without touching the screen. The camera on the ATM scans an individual’s face, and the software then checks for a match from that bank’s database to let the authorised person withdraw the money.

b-img-info-key

Use Case 4: Retail

Face verification technology has become an absolute necessity to boost security and meet the evolving needs of the retail industry. Small and big retailers leverage facial verification solutions to deliver customers better services by implementing the below-mentioned practices.

1. Sentiment Analysis

One of the most critical functions of face verification technology is to analyse and understand an individual’s emotions. Modern artificial intelligence algorithms read customers’ feelings via facial expressions and determine products most appealing to them. Thus, retailers change their varieties based on the preferences of the shoppers.

2. Loyalty Rewards

Another impressive use case of the face verification solution is that it detects loyal customers to offer them rewards. AI cameras with face recognition technology identify frequent shoppers and facilitate specialists to introduce loyalty programmes to encourage customers to shop again.

3. Virtual Services

A specialised face verification app can prompt users to try clothes in a virtual changing room to check if they suit them. The robust technology scans a person’s face to understand their purchasing preferences and offers customised suggestions to clients in real-time. One of the impressive examples of face recognition technology in the retail sector is its integration with augmented reality which enables consumers to try beauty products virtually.

Use Case 5: Healthcare

Face verification has revolutionised the health sector. This technology goes beyond just monitoring individuals entering the facility. From timely detection of genetic diseases to accurately controlling patients’ medication use, face verification is helping the healthcare sector significantly. 

1. Monitoring and Diagnosing the Sick

Face verification is combined with other technologies to diagnose a patient accurately. The solutions help gather detailed information about any patient, monitor health conditions, and even early signs of severe diseases.

2. Caretaking Robots

Healthcare systems have become automated and digitised, as evident from the modes of offering certain services. Many developed countries are embedding caretaking robots with facial recognition technology to look after sick patients at a hospital or home. The robust technology ensures customised interaction with the patient as the robot can recognise a person from their previous interaction. For example, a caretaking robot may be beneficial in ensuring that patients take their prescribed medication on time.

How Can Shufti Help?

Shufti offers a globally trusted face verification solution that identifies and verifies human faces within seconds, mitigating the risk of identity theft and fraud whilst abiding by global regulations.

Here’s what makes Shufti’s face verification solution stand out:

  • Stronger authentication
  • Flexible integration options
  • 100% automated verification
  • No credential stuffing
  • AI-powered spoof attack protection
  • Enhanced user experience

Want to know more about how face verification works to help businesses in day-to-day operations?

Talk to us

Related Posts

Blog, Reg Tech

Here’s How Compliance to KYC and AML Regulations May Help Crypto Rebound

Cryptocurrency was the talk of the day in the months and even years leading up to the present wee...

Here’s How Compliance to KYC and AML Regulations May Help Crypto Rebound Explore More

Blog

CDD in Real Estate Sector – How to Comply With Updated Regulations

When it comes to investing funds, real estate is considered the safest sector to invest in becaus...

CDD in Real Estate Sector – How to Comply With Updated Regulations Explore More

Blog

E-learning Platforms and IDV Solutions: A Natural And Much Needed Partnership

The advancement of modern technologies and telecommunication modes has made online assistance ava...

E-learning Platforms and IDV Solutions:  A Natural And Much Needed Partnership Explore More

Blog

GDPR Compliance vs BlockChain Debate – Things you must know

GDPR Compliance is here to stay and it is going to be binding on every business and online enterp...

GDPR Compliance vs BlockChain Debate – Things you must know Explore More

Blog, Identity & KYC

4 Reasons Why Brokerage Firms Need ID Verification?

According to Steve Grobman, Chief Technology Officer for McAfee, “The digital world has transform...

4 Reasons Why Brokerage Firms Need ID Verification? Explore More

Blog

An Insight into AML Compliance in the Financial Sector [2022 Update]

The increasing global attention towards anti-money laundering (AML) and countering the financing ...

An Insight into AML Compliance in the Financial Sector [2022 Update] Explore More

Blog

Identification, Verification and Authentication – Cut from the same cloth

The modern era of technology has brought so many frauds to light. The digitized world has urged b...

Identification, Verification and Authentication – Cut from the same cloth Explore More

Blog

What is Biometric Consent Authentication?

Biometric Consent Authentication is a modernistic approach to counter the increasing number of id...

What is Biometric Consent Authentication? Explore More

Blog

Electronic Identity Verification | Forecasts and Predictions

Identities change as the world goes more digital. As more activities, like banking, socialising, ...

Electronic Identity Verification | Forecasts and Predictions Explore More

Blog

EU’s AMLD5: What does it mean and how will it impact the AML regulation regimes?

From the Panama papers, Paradise leaks and Danske Bank case to the most recent revelations about ...

EU’s AMLD5: What does it mean and how will it impact the AML regulation regimes? Explore More

Blog

4 WAYS AI is Shaping KYC and AML Compliance for Businesses

The role of Artificial Intelligence (AI) is rapidly increasing in businesses and the emergence of...

4 WAYS AI is Shaping KYC and AML Compliance for Businesses Explore More

Blog

The Benefits and Best Practices of Deploying Facial Recognition in the Workplace

With the rapid shift towards digitisation, keeping track of the most recent technological develop...

The Benefits and Best Practices of Deploying Facial Recognition in the Workplace Explore More

Blog

5 Frauds in the Education Sector and How They Can be Prevented

Educational institutions have become an attractive target for cybercrime attacks in recent years....

5 Frauds in the Education Sector and How They Can be Prevented Explore More

Blog

FATF’s June 2021 Plenary – Strategic and Country-specific Initiatives

The fourth plenary meeting of the Financial Action Task Force (FATF) took place from June 20-25 t...

FATF’s June 2021 Plenary – Strategic and Country-specific Initiatives Explore More

Blog

Mobile Payments – Way of the Future or a Fad of the Digital Age?

Are we moving towards a world where retailers may one day say “We don’t take cash”? As mobile pay...

Mobile Payments –  Way of the Future or a Fad of the Digital Age? Explore More

Blog

Digital customer onboarding – Revamping onboarding process in banks

The first impression is what counts most when it comes to customer-oriented services. Banks and f...

Digital customer onboarding – Revamping onboarding process in banks Explore More

Blog

Video KYC – Understanding the ‘what’ and ‘how’ [A short guide]

Archaic and lengthy KYC procedures were soon to be rendered obsolete by the rapid rate of digitis...

Video KYC – Understanding the ‘what’ and ‘how’ [A short guide] Explore More

Blog

Combatting Identity Theft with KYC Verification – A Risk-Based Approach in Online Shopping

The proliferation of online stores has radically transformed how people shop and greatly affected...

Combatting Identity Theft with KYC Verification – A Risk-Based Approach in Online Shopping Explore More

Blog

Securing Telehealth Services and Fighting Identity Fraud with Shufti’s ID Verification Solution

The telehealth industry has been completely revolutionized by services ranging from medical essen...

Securing Telehealth Services and Fighting Identity Fraud with Shufti’s ID Verification Solution Explore More

Blog

40 recommendations of FATF – Shaping the future of your business

Financial Action Task Force or simply FATF is an active global authority that never fails in surp...

40 recommendations of FATF – Shaping the future of your business Explore More

Anti Money Laundering, Blog

How is Libra’s Launch Changing the Cryptocurrency Landscape?

Libra will have to go the extra mile to prove itself worthy of global acclaim that it aims to ach...

How is Libra’s Launch Changing the Cryptocurrency Landscape? Explore More

Blog

OCR technology for businesses – Its applications and benefits

Optical Character Recognition (OCR) technology provides a business solution that automates data e...

OCR technology for businesses – Its applications and benefits Explore More

Blog

NFC Verification – Making Digital Payments Mainstream from Alternative

With time, payment methods have evolved from coins to paper-based money, then plastic, and now sm...

NFC Verification – Making Digital Payments Mainstream from Alternative Explore More

Blog

Address Verification: Types, Benefits, and Best Practices

Improving customer service and combating fraud frequently requires swiftly gathering and confirmi...

Address Verification: Types, Benefits, and Best Practices Explore More

Blog

Fintech 2021: KYC/AML Bringing New Innovation to the Table

2020 was all about surviving the pandemic, but it has also kickstarted a new wave of innovation. ...

Fintech 2021: KYC/AML Bringing New Innovation to the Table Explore More

Blog

Digital Safety for Social Media, Gaming & E-Commerce Platforms

As people and businesses are getting more and more connected online, social media continues to pl...

Digital Safety for Social Media, Gaming & E-Commerce Platforms Explore More

Anti Money Laundering, Artificial Intelligence, Blog

AI a Blessing – AML compliance cost reduced by $217 billion

The U.S. financial firms spend approximately $25.3 Billion in terms of compliance, risk managemen...

AI a Blessing – AML compliance cost reduced by $217 billion Explore More

Blog

How Does Digital Identity Verification Work For Income Verification

With the help of income verification documents, organisations can restrict the onboarding of high...

How Does Digital Identity Verification Work For Income Verification Explore More

Blog

ID verification Services – Why Paper IDs are inferior to Digital Cards?

ID verification services are at the forefront of making online marketplace transparent and ensuri...

ID verification Services – Why Paper IDs are inferior to Digital Cards? Explore More

Anti Money Laundering, Blog, Financial Crime / AML, Identity & KYC

Winter is Coming: With a Storm of KYC and AML Regulations

The ever-evolving regulations are creating challenges and complexities for the financial institut...

Winter is Coming: With a Storm of KYC and AML Regulations Explore More

Blog

Age verification regulations demanding better compliance from businesses

“Youth is the hope of our future.” Jose Rizal  It is no secret that the youth is a valuable asse...

Age verification regulations demanding better compliance from businesses Explore More

Blog

KYC Isn’t Enough: Get Ready for the Future of Verification

Over the past few years, companies have been looking for more sophisticated identity verification...

KYC Isn’t Enough: Get Ready for the Future of Verification Explore More

Blog

Shufti Marks 4 Years of Streamlining KYC and AML for Global Businesses

October 2021 marks four complete years since the launch of Shufti. As years begin to stack, t...

Shufti Marks 4 Years of Streamlining KYC and AML for Global Businesses Explore More

Blog

5 Key Market Trends in Identity Verification

The year 2020 has caused a dramatic shift in the business industry and our way of living.  The si...

5 Key Market Trends in Identity Verification Explore More

Blog

A Brief Insight into Crypto Regulations in the Asia-Pacific Region

The Asia-Pacific region is one of the areas with the highest rate of crypto adoption. Considering...

A Brief Insight into Crypto Regulations in the Asia-Pacific Region Explore More

Blog

Vendor due diligence – Why it’s important and how it’s done?

In today’s ever-changing corporate landscape, businesses are always looking for ways to make thei...

Vendor due diligence – Why it’s important and how it’s done? Explore More

Blog

Securing Transactions and Operations with Biometric Consent Verification in Digital Banking

In the modern digital world, secure business operations are crucial.  The focus on maintaining se...

Securing Transactions and Operations with Biometric Consent Verification in Digital Banking Explore More

Blog

Corporate Transparency Act – The Road to Better AML Compliance

According to the latest reports, the United States ranked number 1 for not complying with the ant...

Corporate Transparency Act – The Road to Better AML Compliance Explore More

Blog

KYC Analysts: The First Line of Defense Against Identity Theft and Fraud

An upsurge in financial transactions has led to heightened money laundering risks and terrorist f...

KYC Analysts: The First Line of Defense Against Identity Theft and Fraud Explore More

Biometric Technology, Blog

How eIDAS compliance is easier with Biometric Consent from Shufti pro?

Biometric consent authentication is a brand new verification solution from Shufti, using an i...

How eIDAS compliance is easier with Biometric Consent from Shufti pro? Explore More

Blog

Digital Identity Verification for Open Finance & FinTech Platforms

Financial applications in the modern world have been sub-categorized into open and closed banking...

Digital Identity Verification for Open Finance & FinTech Platforms Explore More

Blog

Video KYC in 2024 | A Step Towards Digital Evolution

The striking surge in theft and fraud through digitisation is a growing concern for many business...

Video KYC in 2024 | A Step Towards Digital Evolution Explore More

Blog, Identity & KYC

Online Age Verification Keeps A Tight Rein On Minors

According to The Newyork Times, online age verification is a daunting task, even for experts. How...

Online Age Verification Keeps A Tight Rein On Minors Explore More

Blog

Age verification regulations demanding better compliance from businesses

“Youth is the hope of our future.” Jose Rizal  It is no secret that the youth is a valuable asse...

Age verification regulations demanding better compliance from businesses Explore More

Blog

How Multi-Factor Authentication Is Playing An Important Role In Combating Rising Online Business Fraud

The advent of online businesses has brought a lot of convenience for customers using modern techn...

How Multi-Factor Authentication Is Playing An Important Role In Combating Rising Online Business Fraud Explore More

Artificial Intelligence, Blog

What are the 3 Stages of Money Laundering and How Can AML Checks Combat Fraud?

Criminals and organized crime groups have become creative and sophisticated in concealing sources...

What are the 3 Stages of Money Laundering and How Can AML Checks Combat Fraud? Explore More

Blog

Fighting Prevailing Crimes in Gaming Industry with Shufti’s Anti-Money Laundering Screening Solution

Modern gaming is the most recent evolution of this industry that has become the attraction of glo...

Fighting Prevailing Crimes in Gaming Industry with Shufti’s Anti-Money Laundering Screening Solution Explore More

Blog, Identity & KYC

Fathoming Financial Inclusion, Innovative KYC Solutions, and Integrity

Identity – ensures active participation of an individual in social, political and economic ...

Fathoming Financial Inclusion, Innovative KYC Solutions, and Integrity Explore More

Blog, Identity & KYC

Why You Need to Verify Identity Online

5 Unusual Ways Stolen Identities Can be Used Online The need to verify identity in the digital sp...

Why You Need to Verify Identity Online Explore More

Blog

Why online alcohol industry needs robust age verification solutions?

“Can I see some ID?” The question brick and mortar booze stores ask or at least should ask to ver...

Why online alcohol industry needs robust age verification solutions? Explore More

Blog, Identity & KYC

Geolocation Technology and its benefits for KYC Verification

KYC verification has come a long way from simply authenticating the official identity documents o...

Geolocation Technology and its benefits for KYC Verification Explore More

Blog

Facial Recognition Kiosks: A Modern Innovation in the Food Industry?

Background of Technological Advancement Technology is regarded as a new way of thinking or doing ...

Facial Recognition Kiosks: A Modern Innovation in the Food Industry? Explore More

Blog, Identity & KYC, Reg Tech

RegTech: The Case for Financial Inclusion

The FinTech industry has grown tremendously in recent years, introducing both scale and efficienc...

RegTech: The Case for Financial Inclusion Explore More

Blog

Ensuring Compliance and Securing Business Reputation – How Shufti Can Help

In the highly digitized world, businesses are partnering with each other to serve mutual interest...

Ensuring Compliance and Securing Business Reputation – How Shufti Can Help Explore More

Blog

Top 10 Forged ID Documents on the Dark Web in 2023

As criminal activity increases every year, the massive amounts of data being uploaded to the inte...

Top 10 Forged ID Documents on the Dark Web in 2023 Explore More

Blog

5 Effective Ways Shufti Combats First-party Fraud

After analysing fraud incidents of the previous year and the current one, we observed an interest...

5 Effective Ways Shufti Combats First-party Fraud Explore More

Blog

Latest Regulatory Updates on KYC Verification for Crypto Exchanges

Even by the standards of cryptocurrency, the volatility exhibited in 2021 has been astounding. In...

Latest Regulatory Updates on KYC Verification for Crypto Exchanges Explore More

Blog, Online Marketplace

How crucial is AML/CFT Compliance for Hong Kong based Businesses?

Hong Kong serves as financial hub of trade and financial industry especially due to its strategic...

How crucial is AML/CFT Compliance for Hong Kong based Businesses? Explore More

Biometric Technology, Blog, Identity & KYC

ID Verification API – Smooth Integration With Online Systems

The financial services (FS) sector has the highest ever recorded abandonment rate of 83.6% amongs...

ID Verification API – Smooth Integration With Online Systems Explore More

Blog, Online Marketplace

Nordic Banks brace for Digital KYC with centralized Database

Five major Nordic banks have formed a partnership to establish a company that will compile a cent...

Nordic Banks brace for Digital KYC with centralized Database Explore More

Blog, Online Marketplace

ID Verification – Fraud Prevention in Online Gambling Industry

By its very nature, gambling is quite risky. Add to it the potential for fraud that it attracts, ...

ID Verification – Fraud Prevention in Online Gambling Industry Explore More

Blog

Impact of Beneficial Ownership Transparency on Real Estate Crimes

The high price tags of real estate in the US open doors for corrupt politicians, kleptocrats, and...

Impact of Beneficial Ownership Transparency on Real Estate Crimes Explore More

Blog

Synthetic Identity Fraud: Fake Identities for Criminal Activity

An increase in financial crime has been predicted by economic downturns during the previous two d...

Synthetic Identity Fraud: Fake Identities for Criminal Activity Explore More

Blog

Trade-Based Money Laundering – How Shufti’s AML Screening Solution Helps

International trading instruments have significant features that are making them potentially attr...

Trade-Based Money Laundering – How Shufti’s AML Screening Solution Helps Explore More

Blog

International Tax Body to curb Cryptocurrency based Tax Evasion

Tax enforcement authorities from Australia, Canada, the Netherlands, the United Kingdom and the U...

International Tax Body to curb Cryptocurrency based Tax Evasion Explore More

Blog

An Insight into the US Regulations for the Art Art & Antiquities Sector

Billions of dollars worth of art and antiquities are traded throughout the world without checks t...

An Insight into the US Regulations for the Art  Art & Antiquities Sector Explore More

Blog

Vendor due diligence – Why it’s important and how it’s done?

In today’s ever-changing corporate landscape, businesses are always looking for ways to make thei...

Vendor due diligence – Why it’s important and how it’s done? Explore More

Blog

Halloween and the Spooky Scams – How identity verification helps?

Halloween is just around the corner and so do the scammers ready to exploit the opportunity. Whic...

Halloween and the Spooky Scams – How identity verification helps? Explore More

Blog

Divergent AML/CFT Rules and Cross-border Payment Challenges – What FATF Has to Say?

While addressing AML/CFT requirements for cross-border payments, the global financial watchdog, F...

Divergent AML/CFT Rules and Cross-border Payment Challenges – What FATF Has to Say? Explore More

Blog

Securing Investment Industry with Shufti’s Investor Verification Solution

In this tech-driven world, perpetrators and organized crime groups are adopting sophisticated met...

Securing Investment Industry with Shufti’s Investor Verification Solution Explore More

Blog

Investor Onboarding | Navigating the Challenges of Digitization

Private market companies are setting their sights on retail investors and exploring technology an...

Investor Onboarding | Navigating the Challenges of Digitization Explore More

Blog

AML/CFT Regulations of Hong Kong: Paper Over Cracks?

On September 15, 2021, Hong Kong’s Securities and Futures Commission issued consultation conclusi...

AML/CFT Regulations of Hong Kong: Paper Over Cracks? Explore More

Take the next steps to better security.

Contact us

Get in touch with our experts. We'll help you find the perfect solution for your compliance and security needs.

Contact us

Request demo

Get free access to our platform and try our products today.

Get started