Equifax introduces facial recognition software

Ryan Bembridge

March 28, 2017

biometric face recognition

Equifax has launched facial recognition software called Document Verifier.

The solution allows lenders and other firms to compare the image of someone on webcam or a smartphone with the photograph on their passport or driving license.

The technology has been introduced in partnership with document verification and facial recognition companies Jumio and Paycasso.

We must speak loudly about the stagnating housing market

John Marsden, head of ID and fraud at Equifax, said: “Fraud is a massive problem in the UK, estimated to account for an annual loss of £193bn, and changing the way we verify identities will go a long way to help combat the issue.

“Our recent research, conducted with YouGov, showed that 56% of people online would prefer to use biometric security measures to access their financial accounts, far outpacing traditional identity verification methods.

“This is also reflected in the positive reaction to using biometric technology in daily life, for example with e-passports or to unlock your smartphone.

“We expect interest in biometrics will continue to rise as customers and businesses reap the benefits of faster and more secure processes using simple selfie or thumb print authentication.

“Our Document Verifier aims to facilitate the best and most secure customer journey available. It supports consumers’ preference for convenience, and the solution can be tailored to different business strategies for fraud prevention and risk management.”

The automated technology can recognise potential tampering or anomalies on official documents from over 200 countries.

It also employs enhanced ‘liveness’ detection which detects even the slightest movement when the applicant is taking a photo of their face, ensuring fraudsters are unable to create a match using a static image of an applicant.

Enter your e-mail address to receive updates on this topic straight to your inbox

* indicates required
Send me news alerts on:
  • Mark Dryden

    Love this stuff and with the two-factor authentication being discussed at the EU level, Facial Recognition acknowledges that “Physical” item in a more passive manner than a fingerprint or iris scan where specific hardware is required. That said, I’ve managed fool the Windows 10 Facial Recognition software around 50% of time with a printout of my mug 🙂