I . d . Authentication With Fingerprint Biometric Verification
Identity authentication is just a element of identifying identity fraud risk. Advances in technology through fingerprint biometric services have result in biometric verification being a potential tool in identity verification.
What is identity authentication? The authentication process involves validating the identity presented is the specific person. It goes beyond typical identity verification and seeks a confirmation that the person presenting the ID accurately is the person being represented by the ID.
Beyond Paper Identification:
The issue with paper identification is it is not tamperproof. 검증업체 Efforts have been created by states to improve security of state-issued ID cards; however, those seeking to perpetrate fraud have been able to keep up with the technology changes. How will you maintain a criminal element dedicated to staying one step ahead of paper identification cards? The answer, you will need to improve the identity verification process to an identity authentication process.
Examine the below identity verification system. If a system was able to achieve the below, what can the end result be for potential identity fraud risk?
The above mentioned demonstrates the necessity for comprehensive identity authentication systems to greatly help mitigate identity fraud risk. Another requirement becomes apparent when you consider the steps required by comprehensive identity authentication systems–the requirement for speed of validation. Consequently the system must be both accurate and efficient. Just how can this be achieved in point of service situations?
Multiple Verifications Mitigate Identity Fraud:
There’s a statistical assumption that the more verification checks performed, the better your chances are that you are mitigating identity fraud risk. To execute multiple verifications will demand one more expenditure of time. To help keep the method of identity authentication accurate and efficient, what verifications checks have to be performed? In the previously list there clearly was an item called “Connecting IDs to fingerprints,” this verification action can help hold the key to identity authentication.
Advances in fingerprint biometric technology have triggered the capability to conduct biometric verification. Some solutions have the capability to capture and link a fingerprint to an individual ID record. The end result is just a mitigation of identity fraud risk and fraud risk resulting from an individual attempting to use multiple identities.
Fingerprint Biometric technology provides identity resolution, or the capability to match anyone to 1 identity. The ability to find identity fraud patterns also prevents individual users from making multiple ID fraud attempts. A final benefit of fingerprint biometrics is that the fingerprint images are stored and available to police and prosecution of identity fraud suspects.
Uses of Biometric Verification:
The capability for fingerprint biometrics to connect an individual fingerprint to an individual identity becomes desirable in a variety of business applications. Biometric verification can mitigate identity fraud risk by linking a fingerprint to an individual stored identity. This technology becomes desirable in situations where high security is necessary for identity authentication just before new business being conducted. Applications such as for instance opening a high-value new account or authenticating an identity through repeat transactions illustrate the requirement to implement biometric verification.