AUTHID

  Whether or not to implement mobile facial biometric verification technology in your business is something that you may be asking yourself. Biometric verification is smartphones was introduced nearly five years ago when iPhone launched its fingerprint scanner in the year 2013. At that time, the technology seemed like a thing from the future, and everyone eventually rushed to follow pursuit. This is actually one of the things about the iPhone that was negligibly scrutinized. Fast forward to 2022, it seems like a necessary security feature for smartphones. One of the benefits of mobile facial biometric verification is the ease of use. On most devices that have facial recognition feature, the face verification can take place seamlessly. Not only is it fast, but it is also effortless and efficient. It is a breakthrough in biometric authentication. Analysts say that the ease with which face verification grants people access to their devices has made the thought factor behind the who...

  If you are an entrepreneur, identity verification for digital onboarding is something that you need to take seriously. Today’s digital economy is very competitive in almost every industry. You risk irritating, confusing, and potentially losing your clients if you don’t create an effective and fast onboarding process that is simple to follow. A successful onboarding process should ensure a quick as well as efficient onboarding process, making it possible for you to onboard new clients more quickly and at a higher volume. In order to assure complete KYC compliance, it is very important for you to collect as much relevant data as possible. Know your customer (KYC) or know your business (KYB) practices are aimed at improving the efficacy of good risk management as well as fraud prevention. They also help in strengthening overall security and assure compliance with AML and CFT regulations. KYC refers to the procedure by which banks and other financial institutions collect informa...

  IDaaS (Identity as a Service) is a technology that you need to take advantage of in your business because it has a lot of benefits – that’s if you are not yet using it. The use of an IDaaS service offers several significant benefits to organizations, which include cost savings, access to industry-leading expertise, as well as efficiency. Since dealing with identity at an enterprise level using the software can be costly, you need to deploy an IDaaS solution as it can significantly reduce fees to provision and maintain identity management at the highest level. When you use a ready-made IDaaS solution in your business, it can help manage costs because you can still use their services, enabling you to invest in all the latest technology and continuously innovate. With an IDaaS provider, there are also added benefits of security and efficiency with significant savings in time, with fewer password resets as well as more trusted logins by your users. Regardless of where a user is l...

  Choosing the right solution for identity document authentication can be easy if you know what to do. In this digital age that we are living in right now, you must replace these outdated identity proofing methods in your organization with biometric identification solutions that provide better security and a seamless user experience. This identity proofing process harnesses facial biometrics technology to confirm a person’s claimed identity. There are a number of critical features that you need to pay attention to when looking for an identity document authentication solution to use in your organization. One of them is multi-factor authentication. Single-factor authentication is dangerous due to the lack of proof of identity. According to the “2018 Data Breach Investigations Report (DBIR),” in the past few years, compromised passwords are the initial cause of more than 80% of data breaches. Multi-factor authentication can help you fill the gap in user identification and, therefor...

  If you have not yet implemented Identity as a Service in your business, it is something that you should definitely consider giving a try.    Identity as a Service (IDaaS) refers to services that are provided via the cloud or through SaaS (software-as-a-service) systems for identity and access management. It provides cloud-based authentication that is provided and managed on a subscription basis by third-party providers. This technology can be a game-changer for your business, but only if you know how to play it right. Speaking of which, the term identity refers tothe characteristics that make an entity recognizable. Likewise, digital identity is the attributes that identify people, organizations, or other entities in the digital landscape. Among the people that can benefit a great deal from IDaaS are developers. With so many businesses migrating to the cloud these days, the demand for seamless authentication of digital identities has reached a critical point. Exper...

  If you are not yet using identity as a service technology in your business, it is something that you should definitely consider implementing. Also known as IDaaS, identity as a service is a cloud-based authentication that is built and operated by a third-party provider. IDaaS companies supply cloud-based authentication or identity management to enterprises who subscribe. It is not hard at all to understand the X-as-a-service model in information technology. It means that some feature is being delivered or served to a company through a remote connection from a third-party provider, as opposed to a feature being managed on site and by in-house personnel alone. A good way to understand this model is to think of local email, such as Microsoft Outlook or Thunderbird, operating primarily on your own computer versus cloud email, such as Gmail, being provided to users as a service through web connections. Identity, security, and other features can similarly be provided as a service. ...

  Advancements in technology are causing interactions between businesses and customers to move online, where remote identity verification is becoming more common. Today, banks, mobile operators, and other businesses are enrolling and authenticating their clients remotely while making sure that the process is secure, convenient, and compliant with data safety regulations. The modern customer needs to access services anytime, and anywhere. For this reason, there is a high demand for digital and mobile services. However, the growth of digital and mobile services has led to increased identity theft. This is where identity verification for remote onboarding solutions come in. with this technology, cases of fraud and identity theft are minimized, as the technology uses unique traits like voice, fingerprint, selfie, and so on. Among the sectors of economy that can benefit from identity verification for remote onboarding solutions is the financial sector. Onboarding new clients and/or...