Avoiding Success? 10 Unconventional Methods to Skip KYC Verification
Sumsub's Liveness Technology Thwarts Creatively Fraudulent Attempts in ID Verification
In an era where digital identity verification is paramount, Sumsub's Liveness technology is proving to be a formidable line of defence against fraudulent activities. This innovative technology, powered by machine learning algorithms, boasts an accuracy of over 99% in biometric data analysis, offering superior customer protection.
Liveness is not just another selfie/selfie+ID check for KYC (Know Your Customer) purposes. It serves as an alternative, offering a more robust method of verification. By detecting duplicate accounts, Liveness prevents bonus-hunters from creating multiple accounts to exploit offers or promotions.
The technology is designed to ensure that the true user initiates transactions, account deletion, or other key steps. It achieves this by requiring users to perform dynamic actions such as moving, turning their head, or following on-screen prompts. This makes it difficult for fraudsters to use static images, screen captures, pre-recorded videos, or AI-generated visuals to bypass the system.
Sumsub's Liveness solution is also developing AI technology to improve deepfake detection, a response to the increasing proportion of fraud consisting of deepfakes in various countries.
However, the creative minds of fraudsters are not to be underestimated. Some individuals have resorted to using physical masks, pets, childhood toys, cartoons and anime characters, sculptures, and even mannequins in attempts to bypass ID verification. Fortunately, Liveness Detection has not allowed these unusual items to pass ID verification successfully.
Sumsub's technology also integrates two-factor authentication (2FA) using Liveness, providing more reliable account protection than passwords or SMS codes. This means that even if a fraudster manages to obtain a user's personal information, they would still be unable to verify their identity without the live interaction required by Liveness.
In summary, Sumsub's Liveness technology is a game-changer in the realm of ID verification. By ensuring the physical presence and active interaction of the user, it provides a robust defence against fraud, even in the face of increasingly creative attempts to bypass verification. This technology is not just a step forward in digital identity verification; it is a leap.
[1] Sumsub. (n.d.). Liveness Detection. Retrieved from https://sumsub.com/liveness
[2] Sumsub. (n.d.). How Does Liveness Detection Work? Retrieved from https://sumsub.com/blog/how-does-liveness-detection-work
[3] Sumsub. (n.d.). Face Authentication. Retrieved from https://sumsub.com/face-authentication
[4] Sumsub. (n.d.). Deepfake Detection. Retrieved from https://sumsub.com/deepfake-detection
[5] Sumsub. (n.d.). Compliance Solutions. Retrieved from https://sumsub.com/compliance-solutions
The implementation of Sumsub's Liveness technology not only secures financial transactions but also guards business operations from cybersecurity threats. By detecting unauthorized attempts to create multiple accounts, it mitigates potential losses in finance and business with strict verification protocols.
In the fast-evolving landscape of technology, Sumsub's Liveness technology is constantly adapting to combat deepfakes, ensuring it remains a robust solution in maintaining secure digital identities for businesses.
