Gemalto deploys ID verification to enterprises

31/03/16

Gemalto has announced it is offering its ID Verification solution to private sector enterprises such as banks and mobile operators.

The company says its suite of tools and services enables robust yet swift verification of customer credentials when opening new accounts and subscriptions in -branch or online, reducing financial losses and the negative impact on brand reputation caused by identity fraud. Gemalto adds that its ID Verification also helps financial Institutions enhance their Know Your Customer (KYC) procedures, in line with the latest regulations, such as Anti-Money Laundering Directive (AMLD4). 

The enrolment process encompasses verification of documents such as ID cards and passports for forgeries and other discrepancies, biometric and/or visual customer authentication, and immediate background and risk assessment checks against relevant databases and watch lists. It can be performed by branch staff using a standard scanner or tablet. Alternatively, online customers can photograph their ID credentials, and submit for automatic verification. 

Gemalto says: “ID Verification protects enterprises against the threat of fraudsters opening bank accounts or acquiring subsidised mobile phones, for example, and provides a firm foundation from which to launch innovative new services.” It can be integrated with existing infrastructures and is available as a platform, or in Software as a Service (SaaS) mode.

"ID fraud is one of the fastest growing crimes on the planet and there is a direct impact on the private sector with substantial financial losses,” says Jean-Claude Perrin, vice president of Strategy and Marketing for Gemalto. “54% of data breaches in 2014 related to identity theft, 17% aimed at financial access and 11% sought account access.” 

Related articles

Subscribe to our free newsletter
Follow us on Twitter
Join us on LinkedIn

Gemalto deploys ID verification to enterprises
Gemalto deploys ID verification to enterprises

Latest Features & Interviews

SDW 2018 Interview: secunet on EES

In this interview, Frank Steffens, Principal in the Homeland Security division of Germany’s secunet tells us about their approach to the biometric Entry/Exit System (EES) planned in Europe.

SDW 2018 Interview: Ixla

Company spotlights have been created to give firms operating in the secure documents and identity industry an opportunity to discuss trends, product innovations and achievements.

White paper: Gemalto - The paper elements of a passport

An expert’s guide to using the paper elements of a passport.

More articles >>
Share |

Sponsored Links

SDW Conference and Exhibition
SDW is a world-leading conference and exhibition providing a global showcase for next-generation secure credentialing solutions.