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.
Banks and fintechs are rapidly digitizing their services, making robust digital identity verification essential to prevent fraud and comply with regulations. As financial transactions move online, verifying that each customer is who they claim to be is crucial for meeting Know Your Customer (KYC) requirements and protecting against identity theft.
Identity fraud is no longer a back-office concern. With the EU’s AMLR (Anti-Money Laundering Regulation) entering its implementation phase and eIDAS 2.0 rolling out the European Digital Identity Wallet across Member States, the way organizations verify users has changed for good. At the same time, generative AI has lowered the
Our faces are becoming digital keys. They unlock phones, let us board planes, and grant us access to secure spaces. Facial recognition is fast becoming central to how we prove who we are in the digital age. But there’s a hidden twist: modern systems don’t just recognize identity—they can also
Fingerprint biometrics identify people by the unique patterns of ridges and minutiae on their fingers. When a fingerprint is scanned, software converts the ridges and valleys into a digital image and then extracts distinctive features (minutiae) to form a biometric template. Later, a new fingerprint sample is compared against this
Fingerprint biometrics rely on capturing a person’s unique fingerprint ridge patterns for identity verification. This method is highly reliable and widely trusted. In fact, NIST’s testing found top fingerprint-matching algorithms achieved about 98.6% accuracy with a single finger and ~99.9% with four or more fingers. In practice, adding more fingers
Cases of fraud caused by identity theft continue to grow worldwide. In the US alone, detected cases of identity theft increased by 148% between April 2024 and March 2025, according to the “2025 Trends in Identity Report” published by the Identity Theft Resource Center (ITRC). This study also reveals that
In an age of data breaches and identity theft, traditional passwords no longer provide enough protection. As digital security evolves, multimodal biometrics, the use of two or more biometric identifiers, are emerging as the future of secure authentication. What are multimodal biometrics? Unlike unimodal systems that rely on a single
Biometric authentication in banking is the use of unique physical traits — most commonly a fingerprint or a face scan — to confirm a customer’s identity when they open an account, sign in, or authorize a payment. Instead of relying on passwords and PINs that can be phished, guessed, or
Face detection is the foundation of modern biometric systems. It allows software like Identy.io to automatically identify and locate human faces in images or video streams. While face recognition determines who a person is, face detection answers whether a face is present and where. Today, this technology powers everything from
Facial recognition has become central to modern digital security but not all systems work the same way. The most familiar example, Apple’s Face ID, is designed for personal device authentication. In contrast, facial recognition software such as Identy.io serves a much broader purpose: verifying users’ identities in banking, government, and
Facial and finger biometrics are transforming how we unlock phones, open bank accounts, and verify identities online. Yet, as these systems expand, so do attempts to deceive them. The most effective defense against fake faces, photos, or deepfakes is a liveness detection – the invisible step that confirms a real
Why airports and border controls face a security crisis Record passenger volumes across Latin America In an increasingly globalized world, where travel is on the rise for both tourism and business purposes, airports and border controls are faced with the challenge of managing the constant flow of passengers efficiently, while
