• July 16, 2022

I . d Authentication Thru Fingerprint Biometric Verification

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 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. Efforts have been created by states to boost security of state-issued ID cards; however, those trying to perpetrate fraud have been able to maintain with the technology changes. How can you match a criminal element dedicated to staying one step in front of paper identification cards? The clear answer, you will 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 second requirement becomes apparent whenever you look at the steps required by comprehensive identity authentication systems–the dependence on speed of validation. Consequently the system must be both accurate and efficient. How can this be achieved 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 will be mitigating identity fraud risk. To perform multiple verifications will demand one more expenditure of time. To keep the method of identity authentication accurate and efficient, what verifications checks must be performed? In the previously list there was an item called “Connecting IDs to fingerprints,” this verification action can help hold the important thing to identity authentication.

Connecting IDs to Fingerprints, the Role of Fingerprint Biometric Verification:

Advances in fingerprint biometric technology have resulted in the capacity to conduct biometric verification. Some solutions have the 먹튀  capacity 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 utilize multiple identities.

Fingerprint Biometric technology provides identity resolution, or the capacity to match anyone 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 open to police force and prosecution of identity fraud suspects.

Uses of Biometric Verification:

The ability for fingerprint biometrics for connecting a single fingerprint to a single identity becomes desirable in several 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 prior to 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.

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