Friday, July 1, 2022
HomePress ReleaseEIN PresswireVeriff Releases Enhanced Biometric Authentication Solution to Meet Growing Security Demands

Veriff Releases Enhanced Biometric Authentication Solution to Meet Growing Security Demands


Biometric Authentication providing authenticates a consumer’s id in a single second

As a pioneer in id verification, Veriff understands that the way forward for web security is pushed by biometric authentication due to its comfort and safety”

— Janer Gorohhov, Veriff co-founder and CPO

NEW YORK, USA, June 7, 2022 /EINPresswire.com/ — Veriff, a world id verification supplier, at the moment launched a Biometric Authentication answer. The answer is 100% powered by automation and might authenticate any consumer’s id in a single second utilizing only a selfie.

Veriff’s 2021 Fraud Report discovered a 61% improve in fraudulent exercise in contrast to the yr prior, spurred by a growth in on-line exercise paired with more and more subtle fraudsters. Veriff’s Biometric Authentication answer allows companies to proactively fight this rise in fraud. The answer gives a further layer of safety for consumer accounts via the usage of biometrics. The product additionally contains consumer expertise upgrades, making passwordless login seamless and safe.

Present authentication approaches, corresponding to multi and two issue authentication (2FA), want to develop into identity-focused moderately than device-focused. This may be achieved by utilizing biometrics which confirms {that a} returning consumer is who they declare to be by asking the consumer for a fast selfie. The selfie is then in contrast to a beforehand verified face and id and checked for liveness and realness. This strategy, mixed with MFA, gives organizations with a extra sturdy stage of safety that helps Veriff customers securely keep away from account takeovers, reset login credentials, and conduct high-value transfers.

“The worldwide pandemic and transfer in the direction of distant and hybrid work fueled vital paradigm shifts, creating an elevated demand for on-line id verification and the next expectation for safety and transparency for these utilizing digital companies,” stated Janer Gorohhov, Veriff co-founder and CPO. “As a pioneer in id verification, Veriff understands that the way forward for web security is pushed by biometric authentication due to its comfort and safety. Veriff’s answer is fast and efficient to affirm {that a} returning consumer is who they declare to be. It additionally helps to defend in opposition to account takeovers, reset credentials, and keep away from inconvenient re-authentication processes in only one second.”

Veriff’s Biometric Authentication answer is on the market now. For extra data, go to: www.veriff.com/product/biometric-authentication

About Veriff

Veriff is a world on-line id verification firm that allows organizations to construct belief with their clients via clever, correct, and automatic on-line IDV. The biggest database available on the market, Veriff’s clever choice engine can analyze hundreds of technological and behavioral variables in seconds, matching individuals to greater than 10,200 government-issued IDs from over 190 nations. Based in 2015, Veriff serves a world portfolio of organizations throughout monetary companies, crypto, gaming and mobility sectors. Veriff’s purchasers embody Blockchain, Bolt, Deel, Starship, Uphold, Clever and others. Veriff’s newest $100 million funding spherical brings its whole funding to $200M and its valuation to $1.5B. Veriff’s traders embody Tiger Capital, Alkeon, IVP, Accel, Mosaic Ventures, Y Combinator, Nordic Ninja and others. With groups within the U.S., UK, Spain and Estonia, Veriff employs over 500 individuals from 56 totally different nationalities.

To be taught extra, go to www.veriff.com.

Carl-Ruuben Soolep
Veriff
+372 5249173
press@veriff.com
Go to us on social media:
Fb
Twitter
LinkedIn





Supply hyperlink

RELATED ARTICLES

Most Popular