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2024 Prism Report cover image

Fit For Financial Institutions 

2024 Biometric Digital Identity Financial Services Prism Report

Learn how iiDENTIFii's IDV solutions improve security and user experience. Download the 2024 Financial Services Prism Report for insights.

Through streamlining and securing their pre- and post-paid customer journeys, telcos can prevent SIM swap fraud and accurately collect and segment prepaid customer data, leading to reduced friction, fraud protection and cost savings.

Want to learn how to leverage enterprise-grade biometrics?

iiDENTIFii is trusted by:

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How can you trust that a person is who they say they are? With identity fraud growing exponentially, this question requires an urgent response and strategy. iiDENTIFii’s remote biometric identity solution makes safe verification and onboarding possible for financial institutions and their customers. The financial sector has a duty of care to protect consumers from fraud. This means having the right processes in place to protect financial assets. The top banks in Southern Africa trust us to meet their identity verification requirements - shouldn’t you?


Benefits of implementing iiDENTIFii Face Authentication for Financial Institutions

 

Secure remote identity you can trust.

 

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Patented 4D Liveness® Technology
Our system boasts exceptional resilience against digital replay attacks and deep fakes, providing robust security measures to protect against evolving threats.

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Biometric Privacy
We are the only IDV solution that ensures zero Biometric Personal Information Retention.

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Enterprise-grade Identity Solution
Our solution’s proven track record includes deployment to four Tier 1 banks in South Africa, making it a reliable choice for enterprise-grade identity needs.

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African Face Accuracy
We take pride in being the only IDV solution that has undergone external and independent audits for African face accuracy, with our 50 million face match operations in production.

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Customer-friendly
The identity verification process takes seconds, reducing any friction for the customer.

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Government Trusted
Our 4D Liveness® technology enjoys the confidence of multiple governments, including the US Government, UK Government, and the Singapore Government.

 

iiDENTIFii’s biometric authentication system uses a four-dimensional liveness and identity verification process.

This ensures that the person using the system is who they say they are, is present, and that a replicated video or animated photo is not being used. Financial institutions have proven this process to reduce fraud and financial crime.

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Face biometrics will ensure that you can secure the identity of your stakeholders and customers, protecting your financial institution from cyber fraud. With an inclusive, enterprise-grade solution, iiDENTIFii is the IDV of choice for Africa’s leading financial institutions.

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Pre-paid customer enters the system
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Call centre agent diverts pre-paid customer to Tobi Chatbot 
Cost to Telco R0
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Chatbot requests a selfie via back-end integration with iiDENTIFii
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iiDENTIFii integration with HANIS for verfication
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Pre-paid customer FRICA'ed via HANIS
Cost to Telco TBD
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Pre-paid customer SIM swaps over the phone
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Customer

Enters the system
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Call Centre agent
 
diverts custimer to Tobi Chatbot

Cost to Telkom R0
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Tobi Chatbot
requests a selfie via back-end integration with iiDENTIFii

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iiDENTIFii
 

integration with HANIS for verification 

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Customer
 FRICA™ 'ed via HANIS

Cost to Telkom TBD
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Customer


SIM swaps over the Phone

More efficient, more secure, and more inclusive financial institutions in Africa


Choose iiDENTIFii for:


  • Inclusive, stress-tested algorithms
  • Patented 4D Liveness® technology
  • Seamless mobile and web-based platforms
  • The identity verification provider of choice for Africa’s leading financial institutions
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