As the financial services industry increasingly relies on digital channels for customer interactions, the threat of identity fraud looms larger than ever. Deepfake technology has added a new dimension to this challenge, making distinguishing between genuine customers and malicious actors harder. Beyond deepfakes, legacy attacks that use static photos or pre-recorded videos in fraudulent attempts further necessitates robust security measures.

In this webinar, we will delve into the critical need for a high-assurance identity verification that can effectively combat the rising threat of not only deepfakes but also other sophisticated presentation attacks. We will explore how using biometrics to build a high level of liveness detection in the verification process can enhance security, build customer trust, and ensure the person being verified is truly present at the time of authentication.

We’ll be focusing on Raiffeisenbank, part of Raiffeisen Bank International (RBI), a leading banking group operating across 14 countries in Central and Eastern Europe that has implemented iProov’s biometric solution from Wultra to provide its customers with the ability to securely reactivate their bank accounts online at their convenience, without visiting a physical branch or using additional hardware.

Join us as we examine:

• The growing sophistication of deepfake images/videos and presentation attacks, and the challenges they pose to financial institutions like Raiffeisenbank.
• The importance of liveness detection in identity verification for added security and assurance.
• Strategies for building a robust identity verification platform that combines the 24/7 monitoring of the threat landscape, leading-edge technology, including liveness detection.
• How Raiffeisenbank successfully implemented a high-assurance identity verification platform to combat deepfake and photo-based fraud while prioritizing customer usability.

Don’t miss this opportunity to gain valuable insights into the latest developments in identity verification and learn how to protect your financial institution from the evolving threat of identity fraud.