SAN FRANCISCO AND LONDON–(BUSINESS WIRE)–Onfido, the world’s leading provider of digital identity verification and authentication, unveiled Movement, a next-generation biometric liveness solution to enhance its real-world identity platform, launched in May. Movement offers seamless, secure and inclusive customer verification and is iBeta Level 2 certified. With a simple screenshot, companies can automate customer onboarding, assess more customers, faster and more efficiently while significantly reducing their exposure to fraud.
Identity theft increased by 43% year-over-year, with sophisticated fraud increasing by 57% as criminals employ smarter tactics, use realistic 2D/3D masks and deploy display attacks (e.g. showing a photo of a person on a screen) to try to spoof verification systems. And with 9 out of 10 consumers are comfortable with access to digital services, the opportunities for fraudsters are increasing. Not only do businesses now need to provide more accurate fraud metrics when verifying new and existing customers, they also need to ensure they can build trust with potential customers in less than 10 minutes or risk losing them. Fortunately, consumers are increasingly embracing biometrics, with 77% saying biometrics are more convenient than older verification methods.
Movement is built on Onfido’s award-winning AI technology, Atlas, providing users with fast, accurate, and fair AI with next-generation global fraud detection performance. Using Movement, User biases are reduced across all ethnicities, thanks to Onfido’s advanced machine learning models. These models were trained to identify hundreds of thousands of fraudulent samples and analyze different elements of an ID document and facial biometrics to stop fraud and reduce bias. Read our white paper to know more.
The Onfido Real Identity Platform is designed to ensure trust between organizations and their customers throughout the customer lifecycle. It automatically verifies a customer’s identity using a smart combination of award-winning documents and biometric verification, trusted data sources, and passive fraud signals. With the addition of Movement95% of users can now be onboarded in 10 seconds or less, with false rejection and false acceptance rates of less than 0.1%.
Look: Onfido Movement in action
The use of biometrics by Onfido customers has increased by 160% year over year, as more and more companies want to protect their business, while providing the best possible user experience. Market-leading compliance platform used by Amiqus to digitally onboard staff is well received Movement:
“The Amiqus platform is certified to the highest standards by the UK government and DBS digital identity systems. Hundreds of regulated companies and public sector organizations operating at scale rely on us to deliver accessible, robust and seamless staff onboarding and pre-employment screening,” said Callum Murray, CEO and Founder of ‘Friends. “Movement by Onfido is a fantastic addition to this capability and comes at a time when employers are acutely aware of the need to meet the demands of the right to work digitally.
Micro-mobility and scooter platform, Check, is one of Onfido’s first customers to use Movement:
“using Onfido Movement, our customers are very clear about what is being asked of them when checking out,” said Rick Van’t Hof, Product Owner, Check. “This allows them to create an account in seconds and be on their way on one of our mopeds, while allowing us to keep operating costs low and operate efficiently as an agile, high-powered business. growth.”
“In today’s ever-changing digital world, providing the best user experience is paramount. Consumers demand to be able to access products and services in seconds knowing they are secure,” said Alex Valle, Chief Product Officer at Onfido. “Movement helps achieve this goal, with a biometric liveness solution that provides simple, fair and secure access to online services, from banking and gaming to crypto, rental cars and scooters.
Configuration Movement is easy with Onfido Smart Capture SDK, allowing it to integrate seamlessly into an organization’s client workflow. With intelligence gained from mining deep and diverse datasets built from more than a decade of verifying global identities, Movement is one of the most accurate and fair liveness solutions available.
Onfido movement is available now. Register for an upcoming webinar to learn more [US registration, EU & UK registration, APAC registration].
Onfido simplifies digital identity. The company makes it easier for people to access services by digitally verifying them using its real-world identity platform. The platform enables companies to tailor verification methods to individual user and market needs in a codeless layer of orchestration – combining the right mix of document and biometric verifications, trusted data sources and signals liabilities to meet their risk, friction and regulatory requirements. Onfido Atlas™ AI powers the platform’s fully automated end-to-end identity verification. Developed in-house for over 10 years, this is how Onfido ensures that its analysis is fair, fast and accurate.
Recognized as a global leader in AI for identity verification and authentication, Onfido is backed by TPG Growth, Idinvest Partners, Crane Venture Partners, Salesforce Ventures, M12 (Microsoft) and others. In 2021, Onfido received the “Artificial Intelligence and Machine Learning Hot Company” award from the CyberDefense Global Infosec Awards, “Fraud Prevention Innovation of the Year” from the CyberSecurity Breakthrough Awards and was named to the CB Insights Fintech 250 for the fourth consecutive year. They partner with more than 900 companies worldwide to help millions of people access services every week – from billion-dollar institutions to hyper-growth start-ups. Onfido supports checks in 195 countries and over 2,500 document types.