[DATE, PLACE] Incode is known for its prioritization of security and privacy. Security is the most important concern when it comes to Incode's online services.
Since there are several cases of fraud and identity theft, mostly recorded online, we use our “privacy-enhanced solutions” to keep the space safe from fraud.
It is important to instill biometric identity verifications to avoid such complications while dealing with digital platforms. This is why biometrics for KYC is preferred to enhance security.
If you are worried about keeping your services free of fraud, learn how we use biometrics to help with KYC verification.
How Does Incode Use Biometrics For KYC
Biometrics requires your picture or videos. Some sites also scan your face in real-time to verify your age and identity. In this case, KYC zero integration is used to conduct its users’ identity verification with the mediation of third-party tools.
Biometrics work in several ways for Know Your Customer verification. Some include:
●Facial Recognition
The most commonly conducted type of verification is facial recognition. It focuses on pupil size, eye spacing, nose shape, and the shape of the cheekbones. These measurements are extremely intricate and can differ widely among individuals.
●Biometric Liveness Check
Liveness verification is checked through a video or a series of selfies since it is a 3D biometric method. The user needs to move according to the instructions to check if the user is physically present. It is done to avoid any spoofs.
●Fingerprint Recognition
The most reliable way to verify one’s identity is through fingerprint recognition. No two people have the same fingerprint. For this process, the individual has to scan their fingerprint. This scan will go through the process of AI verification to compare it with other registered fingerprints to check its validity.
Since it is a unique characteristic, there is a high chance of security and validity in the verification of the user’s identity.
●KYC Check
In Incode, a KYC check is used to determine the validity of the ID, including the date, QR code, format, and other essentials of the card. Then, it is compared against the information stored in Systems of Record to verify.
If your provided data matches our stored data, your verification will be granted successfully.
About Us
Incode is known to comply with its KYC rules to protect and enhance the security of the users.
KYC or Know Your Customer verification is required for the users’ safety and privacy. Incode makes use of biometrics verification to keep any fraudulent action at bay.
Incode also makes use of KYC zero integration, which can work without requiring integration. The user can follow the KYC verification link to verify their identity directly, making the process hassle-free.
Mark Johnston is the author of this article. For more details about KYB Application please visit our website: incode.com