Biometric Identity Verification and Proofing

With Identity Theft on the Rise, How Can You Know Who to Trust?

Identity theft is a growing and expensive problem, prompting the FBI to recommend using additional or more complex forms of multi-factor authentication, such as biometrics or behavioral authentication methods.

The statistics are staggering:

• 300% Increase in cybercrime since the onset of COVID-19
• More than 9 million American identities are stolen every year
• Over 85% of consumers experience fraud
• The average cost of a data breach to a company is $4.8 million
• $945 billion is lost to cybercrime each year

The Benefits of Biometric Identification in Finance and Banking are Enormous

Whether it’s financial institutions or customers, biometrics in finance is a win-win for everyone, including:

• Fast and accurate identification
• Fraud protection
• Increased security in mobile banking
• Reduced IT and customer support costs associated with password resets, lost tokens, and other inefficient methods

Identity assurance should be simple. Imageware offers identity proofing and verification solutions that are not only easy to use, but won’t break your budget. Imageware Poof verifies the person AND their data with automated proofing by:

• Ensuring the authenticity of ID credentials and financial documents
• Scanning biometrics to verify the person and compare to government issued credentials
• Validating information by automatically confirming personal and financial history with credit agencies or other databases
• Providing an easy-to-Use app on any device, eliminating the need for special equipment
• Easily supporting integration with third-party applications with APIs, OIDC, and SAML
• Admin-friendly portal that gives your admins the power to manually review enrollments

Verify the True Identity of an Individual

Simple onboarding with:

• Single or bulk onboarding
• Our application or your own app
• Knowledge-Based Authentication (KBA) in less than 1 minute

Scanning and geolocation capabilities, including:

• Drivers’ Licenses, passports, and state and national ID cards
• Configured for nearly any type of ID card
• Geo-fencing and comparing to address

Biometric identity with certainty, offering:

• Multiple biometrics (face, voice, palm, fingerprint, etc.)
• Matching a selfie to the image on an ID card
• Searching and matching fingerprints against government sources

Broad support for:

• Over 1,000 government identity card formats
• More than 100 identity verification bureaus
• Knowledge Based Verification (KBV)

Secure digital vault to support:

• Uploading documents
• Electronically signing documents
• Digital contracting
• Federated identity
• Identity ecosystems