Identity authentication is really a element of identifying identity fraud risk. Advances in technology through fingerprint biometric services have result in biometric verification learning to be a potential tool in identity verification.
What is identity authentication? The authentication process involves validating the identity presented is the particular person. It goes further than typical identity verification and seeks a confirmation that anyone presenting the ID accurately is anyone being represented by the ID.
Beyond Paper Identification:
The issue with paper identification is it isn’t tamperproof. Efforts have been made by states to increase 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 keep up with a criminal element focused on staying one step before paper identification cards? The clear answer, you’ll need to change the identity verification process to an identity authentication process.
The above mentioned demonstrates the requirement for comprehensive identity authentication systems to simply help mitigate identity fraud risk. A second requirement becomes apparent whenever you look at the steps required by comprehensive identity authentication systems–the importance of speed of validation. Consequently the machine must be both accurate and efficient. How can 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 greater your odds are that you will be mitigating identity fraud risk. To do multiple verifications will require yet another expenditure of time. To 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 will help hold the main element to identity authentication. 먹튀검증
Connecting IDs to Fingerprints, the Role of Fingerprint Biometric Verification:
Advances in fingerprint biometric technology have triggered the ability to conduct biometric verification. Some solutions have the ability to capture and link a fingerprint to a single ID record. The result is really a mitigation of identity fraud risk and fraud risk caused by a person attempting to use multiple identities.
Fingerprint Biometric technology provides identity resolution, or the ability to match one individual to at least one identity. The capacity to find identity fraud patterns also prevents individual users from making multiple ID fraud attempts. One last advantageous asset 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 connect 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 necessary for identity authentication ahead of new business being conducted. Applications such as opening a high-value new account or authenticating an identity through repeat transactions illustrate the necessity to implement biometric verification.