Advances in the latest technology are contributing to the rise in identity fraud.
Identity fraud is becoming more pervasive and sophisticated, fuelled by the latest technological advancements. LSEG's Document and Biometric Verification solution provides a robust and reliable way to prevent identity fraud by verifying the authenticity of documents and biometric data.
Beyond this, our solution delivers a more streamlined onboarding experience. By automating the verification process and reducing manual intervention, we help you improve customer satisfaction and increase operational efficiency, while ensuring compliance.
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How is fraud evolving?
Fraud is evolving at a rapid pace, driven by technological advancements and changing consumer behaviours. As digital transactions become more prevalent, fraudsters are increasingly sophisticated in their tactics, targeting the onboarding process as a vulnerable point of entry.
From synthetic identity fraud and deepfakes to phishing attacks, the landscape of fraud is constantly changing. To stay ahead of these evolving threats, businesses must adopt advanced security measures and continuously monitor for emerging fraud trends. By combining advanced AI, facial recognition, and document verification, Document and Biometric Verification delivers a high level of security while also streamlining the onboarding process.
Our solution
Outsmart the fraudsters with innovative solutions
Document and Biometric Verification solution provides a more comprehensive and reliable approach to secure onboarding, ensuring that only genuine customers can access your services. Our advanced technology combines facial recognition, document screening, and liveness detection—which not only helps improve customer satisfaction but also reduces the risk of fraud-related losses.
Features and benefits
What Document and Biometric Verification offers you
Document and Biometric Verification is underpinned by an AI-powered engine that automatically learns from user input, resulting in more accurate and reliable verification.
Underlying technology is designed to be unbiased, protecting against discrimination based on race, age, or gender.
Deepfake and generative AI attacks are detected promptly, safeguarding against fraudulent identities.
Advanced techniques are used to verify that a live person is interacting as they move through workflow, helping prevent spoofing attacks.
Over 16,000 identity documents from 220+ countries and 142+ languages and typesets are covered.
Eliminate time-consuming manual verification processes and improve customer satisfaction.
How it works
Powered by the most certified platform in the market
LSEG Document & Biometric Verification is powered by IDVerse, the highest-rated company globally to pass Level 1 & Level 2 Presentation Attack Detection (PAD) assessments with a 100% accuracy in identity spoof attacks. Audited multiple times to fulfill multiple ISOs, IDVerse ensures full legal compliance with EU, US, and other global money laundering laws.
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