{"id":18903,"date":"2021-07-28T11:35:03","date_gmt":"2021-07-28T11:35:03","guid":{"rendered":"https:\/\/finbraine.com\/?p=18903"},"modified":"2024-03-19T09:52:07","modified_gmt":"2024-03-19T09:52:07","slug":"biometric-authentication-as-a-solution-against-frauds-and-identity-thefts","status":"publish","type":"post","link":"https:\/\/finbraine.com\/fr\/biometric-authentication-as-a-solution-against-frauds-and-identity-thefts\/","title":{"rendered":"Biometric Authentication As A Solution Against Frauds And Identity Thefts"},"content":{"rendered":"
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\tIdentity theft happens when someone steals your personal information without your permission. There are 20 types of identity theft including tax identity, shopping, debit or credit card, and so on. Biometric data is most difficult to breach by hackers. And that\u2019s why it is recommended to conduct biometric authentication by every financial institution.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t Biometric authentication is the most secure form of authentication. It is possible to hack passwords and other IDs. But when it comes to physical authentication traits such as iris, fingerprints, facial features, and other biometric factors, it is difficult to duplicate or even store such information.<\/span><\/p> Biometric authentication is difficult to spoof and hence it can be used along with the other authentication methods. Biometric authentication is of two types:<\/span><\/p> In biometric authentication, a unique template of biometric identification is created for an individual. This template is stored in a unique record such as a government ID. Whenever that individual has to undergo a biometric authentication, his biometric identifiers will be compared with the template.<\/span><\/p> Some advanced biometric authentication solutions work on the liveness detection feature. Liveness detection eliminates the risk of presentation attack by identifying if the biometric shown is of a real human or not. It is of two types – active and passive.<\/span><\/p> During active liveness detection, the user is asked to blink his eyes or turn his head. Whereas in passive liveness detection, algorithms keep running in the background to find out if biometric data is correct or not. Such as detecting a screen or a piece of paper.<\/span><\/p> Both of these liveness detections are effective in differentiating between a real human and a fake picture, for instance. The use of digitalization has made it almost essential for banks or other institutions to implement such technologies.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t Biometric authentication has many advantages such as:<\/span><\/p> Speaking of the best biometric authentication platform that can suit all kinds of businesses and industries, <\/span>IDBraine<\/span><\/a> is the one. It allows both, biometric KYC as well as in-app KYC for telecoms and microlenders. It comprises an intelligent KYC solution for both sectors.<\/span><\/p> A telecom or microlender can perform biometric authentication with the help of IDBraine by capturing the data from ID, conducting a biometric scan, and verifying the details. With IDBraine, it is even possible to find out the geographical location of the customer with the help of geotagging.<\/span><\/p>Can Biometric Authentication Help?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
How Does It Work?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
Advantages Of Biometric Authentication<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
Best In-Biometric Authentication Solution To Prevent Fraud And Identity Theft<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t