Inverid - Creators of ReadID

Rabobank grew their online onboarding channel from 35% to 60% without sacrificing security. This sounds impossible, but thanks to NFC-based identity verification, banks can increase first-attempt onboarding conversion without increasing fraud. Not only is the verification process quick and easy, but the chip in electronic identity documents is protected by advanced cryptography that means a manipulated or duplicated chip is always detected. Chip reading also provides the face image in high-resolution, ideal for further biometric verification to confirm liveness. Learn more about how Rabobank implemented ReadID into their online customer onboarding process: https://lnkd.in/eTs34aBK #banking #customeronboarding #conversion

As we see an increase in the capabilities of technology to revolutionise our everyday lives, customer's expectations of a seamless experience from their service providers continue to grow. AI is now expanding its innovations into our smartphones, and it's easier than ever to pick up a smartphone and get connected. But when this is paired with lax onboarding and account recovery security measures, it becomes a playground for fraudsters. Protect your customers and your contact centre staff from the costs of SIM Swap attacks and more with 24/7 automated remote identity verification via your customer's smartphone. https://lnkd.in/e2aFT6vd #telecoms #accountrecovery #fraudprevention #remoteidentityverification

Did you get the chance to catch our webinar on the growing need for the combination of physical and digital identity verification? Featuring guests from Eurostar and AMP Groep, we discuss the ways in which NFC identity verification has been integrated into their processes through EuroStar's SmartCheck scheme and how AMP uses fully automated verification to get high-value items to their customers. Learn more about their use cases and how the blending of the physical and digital improves customer journeys of all kinds thanks to NFC by watching the recording of the webinar here: https://lnkd.in/eepg4gHa #webinar #identityverification #digitalidentity

With the holidays just around the corner, it's a busy time at the borders around the world. These already chaotic peak periods will only see further delays with the implementation of the upcoming European Entry/Exit System, with land and sea borders expected to be the most affected compared to their well-established international airport brethren. There is, however, a way to streamline these border processes and ease pressure - and it already exists in the pocket of practically every passenger. Modern smartphones almost universally have the capability to read NFC chips thanks to widespread acceptance of Apple and Google Pay. But this capability can also be used to read and verify identity document chips, turning every smartphone into a kiosk. The gathering of Advance Passenger Information can take place from the comfort of the traveller's couch as they read and verify their identity document in less than a minute. Learn more about NFC chip reading for seamless travel here: https://lnkd.in/eGqXCu6C #travelandborders #seamlesstravel #EntryExitSystem

The year may be drawing to a close, but at Inverid we always keep a close eye on the latest developments in the world of electronic identity documents. A new version of our blog and whitepaper covering which countries have ePassports is available! Thanks to the efforts of our document experts and their research, we can share which countries have mad updates to the electronic passports or released their first ever version. Learn more about which countries make up the 174 worldwide that issue ePassports in our blog: https://lnkd.in/da_jr6nT #identitydocuments #ePassports #identityverification #NFC

Our financial services expert Maija Zaiceva shares her insights on the outdated methods for account recovery and step-up authentication used widely by banks - and how easily they can be brought into the present with NFC chip reading of identity documents, a process customers are already familiar with for onboarding in many banks across the Netherlands. Get more of Maija's insights into call centres, two-factor authentication, and more in her latest blog: https://lnkd.in/eUXuhqMw #fraudprevention #banking #accountrecovery #identityverification

Customers expect their entire journey with a financial service provider to be secure in order to protect their hard-earned assets, but also for that journey to be a seamless one. To financial services, this balance between customer experience and security seems an unachievable one. With ReadID, however, it is possible! NFC provides the basis for the most secure form of remote identity verification thanks to chipped identity documents, and this self-service flow can be easily integrated into an existing app, such as a mobile banking app. Learn more about secure customer experiences for financial services by connecting with identity verification experts Maija Zaiceva and Joris Lange, or by visiting our website: https://lnkd.in/eRp--mdi

As smartphones become increasingly advanced, we're more aware than ever of our digital security thanks to measures like Passkeys. But what happens when you lose your smartphone, damage it, or perhaps worst of all, have it stolen? NFC is the most secure form of remote identity verification. With NFC-based identity verification, your new phone and chipped identity document are all you need to recover your accounts and assets in just a few minutes. Learn more about the power over a billion people worldwide already possess to control their digital security: https://lnkd.in/evjkwJ4i #AccountRecovery #PasskeyRecovery #Security

Inverid has received mentions from a variety of analysts this year including Gartner, KuppingerCole, and the Prism Project. While we are often recognised for our contributions to the innovation of the identity industry as a whole, our work on the successful European Entry/Exit System pilot generated our mention in the Prism for Travel and Hospitality as a Catalyst. Not only are we proud to have taken part in the pilot and driven it's success, but also of the increase in use cases that leverage the most secure form of remote identity verification to enable seamless travel and other user experiences. You can read more about our mention in the Prism for Hospitality and Travel here: https://lnkd.in/e9AiNrbx #PrismProject #Travel #Hospitality #IdentityVerification

With Synthetic Identity Fraud on the rise, it's more important than ever to stay informed in order to protect your business and your customers. NFC is the best defence against Synthetic Identity Fraud and other AI-powered forms of fraud as attempted manipulation or duplication of an identity document's chip will be detected during the NFC reading process thanks to super secure cryptographic signatures inside the chips. ReadID has no known false accepts in over 10 years of operations, making NFC the best tool in your arsenal against bad actors. #SyntheticIdentityFraud #FraudPrevention #RemoteIdentityVerification