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iDenfy New Identity Verification Tool Leverages NFC Technology to Confirm Real Users

iDenfy’s newest service works with near-field-communication-enabled smartphones to provide convenience, choice to end users.

PaymentsJournal by PaymentsJournal
November 30, 2021
in Identity Verification, Press Releases
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iDenfy New Identity Verification Tool Leverages NFC Technology to Confirm Real Users

iDenfy New Identity Verification Tool Leverages NFC Technology to Confirm Real Users

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Kaunas, Lithuania (November 30, 2021) – Identity verification provider iDenfy announced today that they have launched a new near-field communication (NFC) tool to ensure user identity and defeat fraudsters.

iDenfy’s software products are designed to help clients quickly and accurately verify their end users’ passports and other IDs with AI-based biometric recognition backed by manual human checks.

Using an ePassport or an ID card with an RFID (radio-frequency identification) chip on an NFC-enabled smartphone, iDenfy’s new solution supports all identification documents globally that follow the international ICAO 9303 standard.

iDenfy’s system recognizes the availability of an RFID chip, reads the personal data and biometric information (photo) contained on the chip with integrated privacy protection, and compares the biometric information retrieved from the chip to a video selfie to check fraud attempts. The iDenfy’s NFC verification also supports the digital signature feature when the extracted data is verified by the Document Signer Certificate. Then this certificate is verified against the Country Signing certificate authority. If both processes are correct, the contents of extracted data can be trusted.

This verification method is faster and safer than other options because NFC allows different electronic devices to communicate by bringing them close to each other as opposed to using cords or other wireless technology like Bluetooth. Reading and verifying data directly from an ePassport or NFC-enabled ID is much more effective when it comes to detecting document tampering, successfully automating yet another part of the verification process.

According to company CEO Domantas Ciulde, “Near field communication technology opens new possibilities for businesses to deploy customs grade security to identify customers and keep the user experience intact during this crucial onboarding process.”

The software works with Android and IOS devices that support NFC recognition, starting with IOS 13.

About iDenfy
iDenfy provides online identity verification services for the financial, sharing-economy, and gaming industries. It strives to provide its partners with services that meet the highest standards. The company was awarded the title of “Startup of Lithuania” in 2018. In 2019 it became a ‘Startup of the Kaunas City’, in 2020 won the ‘Fintech Startup Of The Year Award’, and in 2021 received ‘the Baltic Innovation Prize.’

For more information and business inquiries, please visit www.idenfy.com.

Tags: Fraud PreventioniDenfyidentity verificationNFCPress Release
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