Reducing eCommerce Fraud with Automated Driver’s License Verification
Online shopping instantly became the new norm during the COVID-19 pandemic. With several establishments closed or operating at reduced capacity, people turned to digital services to acquire needed goods and services without the risk of contracting the virus.
However, with the rise of eCommerce also comes the growing threats in cybersecurity. Even during a global health crisis, criminals are relentless in bypassing digital defenses with stolen personal information to commit fraudulent transactions and chargebacks.
As online retailers scale their operations to meet the surge in demand for remote purchases, they must also shore up their defenses against criminal attacks. They must leverage modern solutions like mobile facial biometric identity verification and digital identity document authentication to curtail fraud.
With their camera-enabled mobile device and a driver’s license, users can complete the facial biometric identity proofing procedure in under a few seconds. A driver’s license is among the most commonly used identity documents. It contains an individual’s personal information and photo, which can be matched with the data and facial image provided at onboarding.
Still, some fraudulent individuals might try to use a fake ID during the process. Supplementing biometric identity verification is an automated identity document authentication.
During the identity document verification procedure, the user can simply take a snapshot of their driver’s license and send it for review. The automated system will then compare the ID to known templates of specimen documents, checking for markings and other security features found only in genuine credentials.
After establishing a trusted identity at onboarding, users can opt for passwordless login to access their account. By leveraging modern identity verification technologies and digital identity document authentication, eCommerce merchants can be confident that they transact only with legitimate customers.
To know more about how these advanced solutions can mitigate eCommerce fraud, see the following infographic from authID.
