How do regulated organizations achieve Know Your Customer compliance online without turning the digital experience into a nightmare for the user? iProov technology is the answer: online onboarding and authentication with facial biometrics. Highly secure, effortless for the user, and compliant with regulations.
Using iProov Genuine Presence Assurance, banks and other regulated organizations ask users to complete a brief facial biometric scan during the online onboarding or authentication process. This assures that an individual matches the image in their photo ID and confirms that the user is genuinely present. It also uniquely confirms that the authentication is taking place right now, protecting against deepfakes and other spoof attacks.