quora Biometric Technologies Reshaping Identity Verification
White Paper

Biometric Technologies Reshaping Identity Verification

Information security spending reached $76.9 billion USD in 2015 globally and it is expected to reach $170 billion by the end of 2020 with the worsening intensity and frequency of hacks.

4804
Download

    Name *

    Company Email *

    Company Name *

    I agree to receive the latest updates, information, and relevant offers from Shufti Pro.

    Firstly accept our terms & conditions.

    What’s Inside?

    • Identity Verification Problem: Solving the Issue of Trust Online
    • Biometrics Technology – A Key to Digital Identity
    • Facial Recognition for Online Identification
    • How Liveness Detection Enables Trust
    • Use Cases of Facial Verification
    • Shufti Pro at the Forefront Against Fraud

    Biometrics is gaining traction as a most robust security measure and is reshaping the online identity verification industry. In the absence of universal digital identities that can be used across services and cross-border digital identity, document verification and biometric authentication services remedy the issue of trust between service providers and their users.

    Online businesses have huge growth potential so is their exposure towards cybercrimes. Digital identity verification empowered with facial recognition is the ultimate fraud prevention solution for online businesses to reduce their fraud losses and to improve profits.

    Enabling new customers to sign up for an account on a mobile device or computer instead of going to a physical location greatly increases the opportunity for businesses to acquire customers. An important step is “identity proofing” – the process of proving a person’s identity before they set up an account. Biometric authentication uses unique physical characteristics to verify the identity of a person. These unique identifiers include fingerprints, face, retina, iris patterns, voice, hand geometry, and DNA. Biometrics provide legal non-repudiation when properly deployed in an end-to-end authentication solution because of the difficulty in copying or stealing someone else’s biometric information.

    • mena-igaming-banner

      KYC & AML IN THE MENA Region White Paper 2023

      View Detail White Paper
    • igaming-banner-img

      Shufti Pro’s iGaming White Paper 2023

      View Detail White Paper
    • global-fraud-report

      Shufti Pro Identity Fraud Report 2022

      View Detail Report
    • Fraud Report Featured Image-01

      Shufti Pro Fraud Report 2021

      View Detail Report
    • holiday season

      Holiday Season – The Prime Time for ID Thieves and Financial Criminals

      View Detail Report
    • Shufti Pro Completes 4 Years of Fighting ID Fraud

      View Detail Report
    • On-premises Identity Verification for the Banking Sector

      View Detail Report
    • travel

      Shrinking the Space for Travel Industry Scams with Biometric Verification

      View Detail Report
    • new-resize

      Global Gambling Compliance: Regulations, Age Checks & Financial Safety

      View Detail White Paper
    • KYC Guide

      A comprehensive guide to KYC and AML compliance in Canada

      View Detail Product Guide
    • NFC-report

      NFC Verification: Not Cutting Any Corners With Remote ID Authentication

      View Detail Report
    • Digital COVID

      Digital COVID Pass for PCR Test Verification

      View Detail Report
    • Global Identity Fraud Report 2020 - Shufti Pro

      Global Identity Fraud Report 2020

      View Detail Report
    • Know-your-Patient

      Know Your Patient – A 360° view of patient identification in healthcare

      View Detail White Paper
    • image-report

      Enhanced AI – Augmenting Identity Verification with Artificial Intelligence

      View Detail Report
    • Kyc Guide Uk

      A comprehensive guide to KYC and AML compliance in the UK

      View Detail Product Guide
    • Insurance

      Growing Frauds and Financial Crime in Insurance and the Role of Digital KYC

      View Detail White Paper
    • Banking on Biometric

      Banking on Biometrics: The Future of Customer Authentication

      View Detail White Paper
    • ocr-img-whitepaper

      Fully Embracing Digital Transformation with Automated AI OCR Engine

      View Detail White Paper
    • GCC report

      Rising trend of KYC/AML compliance in GCC countries

      View Detail Report
    • video-kyc-product-guide

      Video Interview KYC – Efficient & Secure Customer Onboarding

      View Detail Product Guide
    • real estate

      Need for Identity Verification To Deal With Money Laundering Threats in Real Estate Sector

      View Detail White Paper
    • Remote-onboarding

      Onboarding Remote Employees: How Identity Verification Can Reduce Risks in Hiring Process

      View Detail White Paper
    • Whitepaper healthcare

      How Automation will Improve Operational Efficiency in the Healthcare Industry

      View Detail White Paper
    • Whitepaper telecom

      Automated ID Verification System to Tackle Telecom Frauds

      View Detail White Paper
    • whitepaper KYC-AML-compliance-for-ICOs

      Launching an ICO? Learn Why KYC and AML Compliance Matters

      View Detail White Paper
    • fintech-customer-video-KYC-img

      Fintech customer onboarding through video KYC

      View Detail White Paper
    • Impact-of-regulatory-changes

      Impact of Regulatory Changes in the Financial Sector

      View Detail Report
    • New account Fraud

      New Account Fraud- A new breed of scams

      View Detail Report
    • KYC-in-Gaming-Industry

      Tackling fraud while giving a seamless experience to the players

      View Detail White Paper
    • How Businesses can prevent fraud during COVID-19

      How businesses can prevent fraud during COVID-19

      View Detail White Paper
    • Need for online age verification to protect minors

      Need for Online Age Verification to Protect Minors

      View Detail White Paper
    • Biometrics for Identity Verification

      Biometric Technologies Reshaping Identity Verification

      View Detail White Paper