Identity authentication is a element of identifying identity fraud risk. Advances in technology through fingerprint biometric services have lead to biometric verification being a potential tool in identity verification.
What’s identity authentication? The authentication process involves validating the identity presented is the specific person. It goes more than 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 could it be is not tamperproof. Efforts have now been made by states to improve security of state-issued ID cards; however, those looking to perpetrate fraud have now been able to keep up with the technology changes. How can you keep up with a criminal element focused on staying one step in front of paper identification cards? The solution, you’ll need to change the identity verification process to an identity authentication process.
The above demonstrates the necessity for comprehensive identity authentication systems to greatly help mitigate identity fraud risk. A secondary requirement becomes apparent once you consider the steps required by comprehensive identity authentication systems–the dependence on speed of validation. As a result the system needs to be both accurate and efficient. How do this be performed in point of service situations?
Multiple Verifications Mitigate Identity Fraud:
There is a statistical assumption that the more verification checks performed, the better your odds are that you are mitigating identity fraud risk. To perform multiple verifications will need yet another expenditure of time. To help keep the procedure of identity authentication accurate and efficient, what verifications checks need to be performed? In the previously list there was an item called “Connecting IDs to fingerprints,” this verification action will help hold the main element to identity authentication.
Connecting IDs to Fingerprints, the Role of Fingerprint B 안전 토토사이트 iometric Verification:
Advances in fingerprint biometric technology have resulted in the ability to conduct biometric verification. Some solutions have the ability to capture and link a fingerprint to a single ID record. The end result is a mitigation of identity fraud risk and fraud risk resulting from an individual attempting to utilize multiple identities.
Fingerprint Biometric technology provides identity resolution, or the ability to match one person to 1 identity. The capability to find identity fraud patterns also prevents individual users from making multiple ID fraud attempts. One last advantage of fingerprint biometrics is that the fingerprint images are stored and available to law enforcement and prosecution of identity fraud suspects.
Uses of Biometric Verification:
The ability for fingerprint biometrics to get in touch a single fingerprint to a single identity becomes desirable in various business applications. Biometric verification can mitigate identity fraud risk by linking a fingerprint to a single stored identity. This technology becomes desirable in situations where high security is required for identity authentication just before new business being conducted. Applications such as for example opening a high-value new account or authenticating an identity through repeat transactions illustrate the requirement to implement biometric verification.