| Identity fraud is a crime that costs all of us. As | | | | customer service and an added benefit of lower |
| measures have been increased in recent years to | | | | costs because the digital system through increased |
| mitigate identity fraud, so too has the level of | | | | accuracy can further reduce costs that are passed |
| sophistication of the fraudulent acts. Persons that | | | | on by identity fraud. Moving towards a digital ID |
| were dedicated to committing fraud had the upper | | | | authentication system means the addition of |
| hand for some time, but technology is now catching | | | | hardware and software can replace the human error |
| up to these predators. | | | | factor that occurs by human-only verification. |
| Identity Authentication Goes Digital: | | | | The Case to Utilize Fingerprint Biometrics: |
| Like many forms of communication, a transition is | | | | Fingerprint biometrics are a leading digital technology |
| occurring to move paper records to a digitally stored | | | | that can be utilized in digital identity authentication. |
| format. Paper identification methods had a downside | | | | Those in a point of service setting that use |
| of being open to tampering. For a while predators | | | | fingerprint biometrics do so by scanning a customer's |
| where keeping pace with advances in paper record | | | | ID through a system and instructing the customer to |
| security, in particular home office technology allowed | | | | use a keypad to match fingerprints with a stored |
| the criminal element to keep up with changes in | | | | fingerprint identity. Fingerprint biometrics help increase |
| state-issue ID cards. To stay ahead of criminals | | | | the chances that the person in front of you |
| seeking to commit identity fraud you need to have | | | | presenting an ID is that ID's true identity. The result |
| an ID authentication process in place. Moving from a | | | | is an ability to capture and link fingerprints to a single |
| dependency of paper to a streamlined digital system | | | | ID record, which will increase fraud prevention and |
| is one way identity fraud risk patterns can be | | | | help ensure fraudsters do not attempt to use multiple |
| identified and mitigated. | | | | identities. |
| The Case to Move Away from Human Error: | | | | The Case to Implement Biometric Verification: |
| Paper forms of identifying a person rely heavily on | | | | Those in a point of service setting pay for fraud |
| the skills and ability of a human to identify potential | | | | twice, once stemming from the initial act of fraud |
| fraud and risk. Training personnel can help with fraud | | | | and a second time as a result of cost of goods, |
| caused by paper records, but there is still an | | | | services and even insurance rates increases. Biometric |
| accepted level of human error that is permitted. By | | | | verification can help resolve the problem of ID fraud |
| placing less reliance on humans to perform an ID | | | | and provide the point of service person that the |
| check and more reliance on digital technology, the | | | | customer presented is the actual person represented |
| human error factor is reduced and higher efficiency | | | | on the ID. The benefit of a biometric verification is |
| rates can be achieved. | | | | that legitimate multiple IDs can be linked to a single |
| The Case to Move towards Digital ID Authentication: | | | | person through one unique biometric fingerprint |
| Moving away from a paper-based identity verification | | | | records. The additional benefit is that this unique |
| system to one that is digital is a matter of accuracy. | | | | biometric fingerprint can not be utilized in multiple |
| By providing your customers with a digital form of | | | | fraudulent IDs. |
| identity authentication you are providing better | | | | |