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Ethical and Secure Technology to Verify Your Users’ Digital Identity

FacePhi is a Business Reporter client.

Rapid global digitalization, driven by worldwide events such as the Covid-19 pandemic, has caused a change in the way we relate to each other. One main consequence has been an increase in the number of digital interactions between users and companies, which has led to an increased risk of fraud and cybercrime, as well as the understandable concern of users about the management of their personal data.

New demands have arisen for improved digital identity verification to guarantee companies that the person with whom they are interacting is really who they say they are. Where the relationship with the user is mainly digital, it is essential to make the entire verification process and interaction safer and simpler—and provide an excellent user experience as an added value.

To meet these needs, companies have cutting-edge technology at their disposal, such as biometrics—a solution that still might seem like something from science-fiction movies. Today, however, the verification of digital identity is part of our daily lives, and we make use of it through actions as simple as unlocking our mobile phones.

Secure, customizable and ethical solutions

Technology should offer adaptability to different scenarios where it can be useful, without neglecting important attributes such as simplicity, reliability and security.

FacePhi, a leader in technology for user identity verification, specializes in digital onboarding and authentication and offers highly secure, sophisticated and customizable solutions for digital identity verification, backed by its leadership in the demanding financial sector .

This technology, based on artificial intelligence, deep learning and neural networks, always has the user’s consent and ensures ethical and unbiased use—regardless of ethnicity, age or gender—to protect their valuable digital identity. FacePhi’s solutions are the most complete available and adapt to any type of company regardless of size or industry, such as finance, health, insurance, travel and transportation, sports and other events, shared mobility and public administration.

Thanks to digital identity verification, based on digital onboarding and biometric authentication technologies, we can complete everyday operations such as opening a bank account, withdrawing cash at ATMs, accessing medical services, checking in for flights and hotels and even collecting a pension at home.

This technology is here to stay, and firms such as FacePhi are prepared to help companies optimize their verification processes. After all, what is safer and more practical than protecting our digital information?

Visit FacePhi’s website and learn about the world leader in identity verification.

This article originally appeared in Business Reporter. Image: iStock id1141687200