Video signature with biometric identity validation

Video signature with biometric identity validation

What is the Video signature with biometric identity validation?

The video signature with biometric identity validation is an advanced technology that employs artificial intelligence to confirm an individual’s identity. This is achieved through the analysis of biometric characteristics obtained from a video captured in real-time. This methodology integrates facial recognition and the verification of specific movements or gestures performed by the user during the recording. Additionally, it compares the detected biometric characteristics with those contained in the client’s identity documents, previously stored in their file.

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Objectives:

  • Improve Security: Strengthen security protocols to prevent fraud and identity theft, essential for protecting both the institution and its clients.
  • Process Automation: Digitize and automate identity verification processes to make them faster and more efficient, reducing the need for manual intervention and the risk of human error.
  • Regulatory Compliance: Comply with national and international regulations related to data protection and fraud prevention.
  • Enhance Customer Experience: Provide a smoother and more user-friendly onboarding and transaction process, which can improve customer satisfaction and retention.
  • Innovation and Competitiveness: Stay at the forefront of using innovative technologies to improve services and products, maintaining or increasing market competitiveness.

Customization options:

  • They can be configured to integrate biometric identity validation with other institutional processes, such as account opening, credit processes, and customer service.
  • The platform allows for the design of automated workflows that include identity verification steps. These workflows can be adjusted to include various checks and controls, depending on the criticality of the financial service or product offered.
  • DANAconnect facilitates integration with external systems through robust APIs, allowing financial institutions to connect their existing IT infrastructure with the DANAconnect platform for a seamless and secure identity validation solution.
  • Organizations can customize interfaces and interactions based on their brand and customer expectations, thereby improving the user experience during the verification process.

Implementation timeframe:

  • 4 to 6 weeks

Omnichannel Approach:

  • Email: to complete identity verification processes, such as confirming personal data or uploading identification documents.
  • SMS: for sending one-time verification codes (OTPs) with identity validation, providing an additional layer of security.
  • Chatbots: Integrated into the financial institution’s website, chatbots can guide users through the identity verification process.
  • Web Portals: to complete their identity verification, access their accounts, and perform secure transactions.

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Frequently Asked Questions about Video signature with biometric identity validation

  1. What is video signature with biometric identity validation?Video signature with biometric identity validation is a technology that uses facial recognition and real-time behavior analysis to confirm an individual’s identity. This process ensures that the person performing a transaction or accessing a service is who they claim to be, using the mobile or laptop camera to capture live video of the user.
  2. Does the video signature use artificial intelligence?Yes, the video signature uses artificial intelligence (AI). This technology leverages advanced facial recognition algorithms and machine learning to analyze the user’s facial features and natural movements in real-time, ensuring precise identity validation.
  3. How is liveness verified in the video signature?Liveness verification is performed using AI algorithms that detect the active physical presence of a user in front of the camera. These algorithms are designed to identify subtle signs of life, such as natural blinking, head movements, and other spontaneous gestures, ensuring that a static image or pre-recorded video is not being used.
  4. How can the video signature be used as an authentication method?The video signature can be used as an authentication method by requiring users to complete a real-time video to access services or approve transactions. It works similarly to a One-Time Password (OTP) by providing a unique and non-repeatable security layer, ensuring that only the authorized user can perform the requested action.
  5. In which processes or use cases is the video signature applied?The video signature is useful in various scenarios, especially where high security is required:
    • Customer onboarding: Ensures that the user creating an online account is who they claim to be.
    • Financial transactions: Used to authorize important operations, adding an extra layer of security.
    • Access to secure systems: May be required to enter critical systems in sectors such as banking, healthcare, and government.
    • Legal and medical verifications: Ensures that documents or actions are executed by the appropriate person in contexts where identity is crucial.