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Mitek face biometrics and liveness detection built into Equifax fraud prevention portfolio
Sept. 22, 2023, 3:41 p.m. | Chris Burt
Biometric Update www.biometricupdate.com
Mitek has formed a strategic partnership with Equifax to supply its face biometrics and liveness detection for identity verification to improve the online fraud prevention capabilities of the latter’s digital identity software.
The companies cite FTC stats showing 1.1 million reports of identity theft in 2022, and fraud losses of $8.8 billion.
Equifax is combining its fraud data checks with Mitek’s biometric identity verification to detect complex identity risks throughout the customer lifecycle, according to the announcement.
“Our mission is …
biometric liveness detection biometrics biometrics news capabilities companies detection digital equifax face biometrics facial recognition fraud fraud prevention ftc identity identity theft identity verification liveness detection mitek online fraud online fraud prevention partnership prevention reports software stats strategic supply theft verification
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