Both the Fime EMEA and Fime Taiwan testing laboratories can now support identity verification vendors in certifying their Document Authenticity and Face Verification solutions, helping combat fraud while enhancing the user experience. With over 70 billion digital identity verification checks conducted in 2024, a reported 52% of people are still concerned about deepfakes and AI-driven fraud. To address this, FIDO introduced the IDV Program, providing a standardized accreditation that ensures remote digital identity verification solutions are secure, reliable, and fraud-resistant.
Source: www.finextra.com