Identy.io provides biometric authentication on mobile phones, for secure and user-friendly identity verification, enabling government and corporate customers to grow operations with a cost-effective suite of products.
Digital identity theft prevention and protection Identity theft remains a growing threat for financial and government services, challenging digital trust and user experience. In 2024 U.S. authorities received over 1.1 million identity-theft reports, underscoring the scale of the problem. New fraud patterns (e.g. tax-refund schemes, synthetic identities, AI-driven deepfakes) demand
Biometric identity verification for taxpayer accounts using facial recognition One high-profile example is the Internal Revenue Service’s attempt to use facial recognition for its online taxpayer accounts. In 2021 and 2022, the IRS verified users by matching a selfie to their photo ID before granting access to tax records. This
Crime remains one of the world’s most persistent social plagues. While theft and fraud continue to drain the global economy, crimes against personal integrity and freedom have become a top global priority—particularly in Latin America. In Mexico, for instance, more than 30,000 crimes against personal freedom were reported last year—a
In today’s fintech, banking, and government services, mobile channels carry high stakes. Account breaches and fraud not only incur financial losses but erode customer trust. Unfortunately, traditional passwords and OTPs are falling short. Credential theft remains rampant, IBM’s threat intelligence reports that stolen passwords are the leading cause of breaches,
Technological advances have had a clear impact on the development of modern society. Its ability to connect people living thousands of miles apart, or the ease with which it has made it possible to carry out multiple activities from the comfort of one’s home, are just some of the key
What is a biometric deepfake? A biometric deepfake is an AI-generated fake that imitates a person’s biometric data (typically facial images or voice), often with startling realism. Using deep neural networks, attackers can create synthetic faces or videos that closely mimic a real user’s appearance and expressions. These forgeries pose
The management of government procedures remains to this day often a complex process fraught with inconveniences, with different barriers that hinder equal access to basic services for all citizens. The need for the digitalization of these procedures, although it has always been evident, became even more apparent with the appearance
As digital identity verification becomes critical in banking, fintech, and e-government, the future of Know Your Customer (KYC) lies in multimodal biometrics. This means using multiple biometric factors (like face, fingerprint, or voice) along with advanced AI techniques to verify identities. The goal is to balance a frictionless user experience
In today’s fintech and digital identity landscape, balancing security with user experience is critical. Fraudsters are constantly trying to spoof online onboarding systems using stolen photos, deepfake videos, or forged IDs, identity fraud cost the U.S. an estimated $43 billion in 2023. At the same time, legitimate customers expect a smooth,
In an era where digital onboarding and remote services are the norm, choosing the right facial recognition software provider is a strategic decision, especially for fintech companies, financial institutions, public agencies, and e-government programs. The ideal provider doesn’t just offer accurate technology; it delivers superior user experience, strong security, and
Biometric identity verification is poised for another leap in 2026, driven by a dual mandate: seamless user experience and uncompromising security. Digital onboarding has gone mainstream in fintech, banking, and e-government, with biometrics (like face or fingerprint ID) at the core of verifying “you are who you claim to be.”
The gambling industry is experiencing tremendous growth, with forecasts indicating that the global market will reach $744.8 billion by 2028 according to a recent IGamblingIQ report. However, this expansion also attracts malicious actors seeking to enrich themselves by committing fraud. These criminal activities have also registered an exponential increase in
