AUTHID

  Investing in a biometric multifactor authentication solution is something that you should definitely consider if you are a business owner. Biometric data is usually stored and processed with database servers, encrypted tokens, or physical tokens.   A lot of secure devices make use of on-device (or on-premises) storage of biometric templates that ensures identity authentication occurs without any sensitive biometric information being sent over the internet to a different server or location. The following are some of the advantages of biometric authentication. The first advantage is high security and assurance. Biometrics can provide increased levels of assurance to providers that an individual is who they claim to be by verifying a tangible, real-world trait as both something the user has and something the user is. A lot of passwords and PINs as well as personal identifying information that people use are easily compromised with a data breach, meaning that billions of acco...

  If you are not yet using customer identity verification systems in your business, it is something that you should definitely consider.  Running water-tight identity verification for new customers is now a pretty straightforward process because of the slew of new tools and technologies, and it can benefit you in the following ways. First of all, customer identity verification systems can help you maintain or improve your reputation. There is a pretty good reason why Airbnb has shot to stardom: it makes everyone that is involved accountable. Both the traveler and the host need to verify their identity and maintain decent reviews, something that helps built a sense of trust from all sides. Whether you have a small business or a large corporation, reputation is incredibly important. In this day and age where there is so much consumer choice, people can easily hop from one brand to another if they do not get exactly what they want. Apart from reputation, trust is very important ...

  Identity document verification has long been an important part of authenticating a person’s claim to a certain identity. It is a very important part of Know Your Customer (KYC) as well as Anti-Money Laundering (AML) measures. With more and more businesses moving online these days, solutions that allow for instant and accurate electronic identity verification are proliferating. This is something that you should definitely consider whether you are a small or large business owner and would like to improve the security of your systems. So, what exactly does identity document verification mean? It is an authentication process that compares the identity that a person claims to possess with data that proves that identity. Among the documents that can serve as providers of this objective truth include birth certificates, driver’s licenses, and social security cards, among others. However, an identity document can be stolen or forged, requiring institutions like banks to take additional...

  Using digital drivers license authentication software can benefit organizations in many different ways. This kind of authentication adds an additional step (or factor) to the authentication process, typically by pairing something that the user knows, for instance username and password, with an action or something that the user has, like a text message to their phone, a token or an email. Multifactor authentication is quickly becoming an essential part of the information security toolkit. As a matter of fact, it is often required to be able to meet compliance requirements, depending on your business. However, choosing the right digital drivers license authentication software and vendor for you can be a complicated process that requires in-depth research. It is something that often comes down to more than just the solutions as well as their technical capabilities. The following are some tips to help you choose the right step-up MFA mechanism for your environment. When choosing a d...

  Implementing identity verification technology in your company is something that you should definitely consider if you have not already done so. This kind of forward-thinking technology has become very crucial for companies that need to run identity verification checks.   It includes things such as face-matching using selfies, liveliness detection, data extraction from documents, auto-checking watch lists as well as automatic scanning for fraudulent documents. Identity verification can help you verify a customer’s identity quickly, something that will in turn help you to cement that all-important trust among your consumers.   Most companies these days use verifiers that take care of the identity verification process through customer documents, checking the KYC watch lists and face-matching selfies. Implementing a third-party verifier can speed up the process because it will keep customer checks on file and enable you to continue to onboard your customers without the n...

  With more and more cases of identity theft, transaction fraud, and data breaches online being reported almost every day, as a business person, you need to take the necessary steps to make sure that your business is secured.   Many countries have been bringing in stricter regulations around Anti-Money Laundering (AML) as well as the need to know and verify that your customer is who they say they are (KYC). Verifying user ID is especially important if your company processes payments or handles sensitive and private information. Chances are you have encountered user identity verification in some online stores or when you are completing applications online. This could have happened where you were contacted after to say they need to see your identification document, driver license or passport in order to complete the order. While this still works, it is manual and time-consuming. You might need to wait days to have it processed, which is not exactly a great user experience. F...

  What is identity as a service?  This is something that you may be interested to know if you have decided to take advantage of this technology in your business. IDaaS is an ideal solution if you want to get an app/service to market quickly, but without compromising on the security of the identity management components. However, for some companies, their identity needs may go beyond SaaS identity and access management capabilities. In this article, we look at the reasons why your business needs IDaaS. One of the things that identity as a service can do is safeguard you against data breaches. The vital function of IDaaS is to better secure and use identity data as well as identity credentials, and to secure system access to only the privileged users. This includes both internal and external users, such as customers, contractors and partners. In most businesses, a lot of breaches usually occur as a result of the theft as well as unauthorized use of identity credentials or weak a...