Inverid has joined the FIDO Alliance to contribute its expertise in document authenticity verification. Inverid will contribute to the DocAuth document authenticity specifications.
The FIDO Alliance is an open industry association with a focused mission: reduce the world’s reliance on passwords. To accomplish this, the FIDO Alliance promotes the development of, use of, and compliance with standards for authentication and device attestation.
Inverid will contribute its NFC-based identity and identity document verification expertise related to the FIDO DocAuth Tier 5 documents such as passports and identity cards. As FIDO authentication, authenticators and passkeys solve the problem of user’s credentials being phished, stronger ID verification technologies must ensure that correct account holders can easily regain access when devices are lost, stolen or broken, and attackers cannot do the same. Staffing account recovery processes in contact centres is costly, prone to error, and abuse since deepfakes and voice cloning makes it impossible to reliably perform remote ID verification by phone or video call. When 30% of contact centre call volume relates to account recovery, vast sums are spent paying people to do a job that can’t be done.
The cryptographic protections of the ICAO Doc9303 standard is the strongest way to prove the right person is present and recovering access to their cryptography-protected FIDO account or wallet on a new device. People can use their NFC enabled phones to verify their one and only genuine documents are present while the government endorsed high resolution face images embedded within their chips can be matched with live selfies.
About Inverid
Inverid is the market leader in identity verification using chipped identity documents and smartphones. They provide high-quality SaaS solutions that help companies securely establish customers’ identities remotely to combat fraud. With its ReadID technology, Inverid’s sectors include financial services, government, border control, trust service providers, and identity wallets.
Inverid was the first to offer NFC-based identity verification on smartphones in 2014 and the first to deliver on iOS in 2019. Inverid has offices in Valencia, London, and is headquartered in Enschede, the Netherlands. Its customers are located across Europe, in Canada, and in Australia and New Zealand.
Inverid has joined the FIDO Alliance to contribute its expertise in document authenticity verification. Inverid will contribute to the DocAuth document authenticity specifications.
The FIDO Alliance is an open industry association with a focused mission: reduce the world’s reliance on passwords. To accomplish this, the FIDO Alliance promotes the development of, use of, and compliance with standards for authentication and device attestation.
Inverid will contribute its NFC-based identity and identity document verification expertise related to the FIDO DocAuth Tier 5 documents such as passports and identity cards. As FIDO authentication, authenticators and passkeys solve the problem of user’s credentials being phished, stronger ID verification technologies must ensure that correct account holders can easily regain access when devices are lost, stolen or broken, and attackers cannot do the same. Staffing account recovery processes in contact centres is costly, prone to error, and abuse since deepfakes and voice cloning makes it impossible to reliably perform remote ID verification by phone or video call. When 30% of contact centre call volume relates to account recovery, vast sums are spent paying people to do a job that can’t be done.
The cryptographic protections of the ICAO Doc9303 standard is the strongest way to prove the right person is present and recovering access to their cryptography-protected FIDO account or wallet on a new device. People can use their NFC enabled phones to verify their one and only genuine documents are present while the government endorsed high resolution face images embedded within their chips can be matched with live selfies.
About Inverid
Inverid is the market leader in identity verification using chipped identity documents and smartphones. They provide high-quality SaaS solutions that help companies securely establish customers’ identities remotely to combat fraud. With its ReadID technology, Inverid’s sectors include financial services, government, border control, trust service providers, and identity wallets.
Inverid was the first to offer NFC-based identity verification on smartphones in 2014 and the first to deliver on iOS in 2019. Inverid has offices in Valencia, London, and is headquartered in Enschede, the Netherlands. Its customers are located across Europe, in Canada, and in Australia and New Zealand.
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