In an ongoing battle against increasingly sophisticated fraud tactics, AuthenticID has unveiled its latest weapon: Velocity Checks. This newly released tool integrates seamlessly into AuthenticID’s existing identity verification and fraud prevention platform, using state-of-the-art biometric and document analysis to uncover fraudulent behavior in real time.
Velocity Checks takes aim at one of the most common methods used by fraudsters: employing the same image across multiple identities. By pairing identical visual data—such as selfies or ID headshots—with different names, bad actors have often managed to slip through conventional security systems. AuthenticID’s solution is designed to expose this deception by leveraging advanced image comparison algorithms. These algorithms scrutinize user-submitted ID and selfie images and cross-reference them with an organization’s database of previously stored visuals. The goal? To detect attempts to use multiple identities in a short period.
“Bad actors are constantly changing their tactics,” said Blake Brozowski, Senior Product Manager at AuthenticID. “Fraudsters have often circumvented security and authentication protocols by using a single headshot with multiple identities. With Velocity Checks, this type of attack can be detected and stopped before an organization faces greater fraud loss.”
The unique aspect of Velocity Checks is its use of biometric velocity analysis—something no other player in the industry currently offers. By tracking and comparing headshot images over a configurable timeframe, the solution provides organizations with the ability to flag suspicious activity, such as a single individual attempting to validate multiple distinct identities.
Velocity Checks doesn’t just stop at the detection phase; it also offers rich insights into emerging patterns. This functionality allows businesses to study trends, such as how frequently an individual attempts to trigger identity verification or how quickly different identities are being recycled using the same visual data. These insights are invaluable for fraud prevention teams, giving them a clearer picture of evolving threats.
The arms race against identity fraud has forced many companies to innovate at a breakneck pace, and AuthenticID is no exception. As fraudsters constantly adapt, AuthenticID is doubling down on its commitment to staying one step ahead. Velocity Checks is part of a broader roadmap—one that includes ongoing algorithmic development and future updates aimed at mitigating emerging fraud tactics.
Adding to these efforts, AuthenticID’s Identity Fraud Taskforce will be spearheading initiatives designed to enhance and evolve its technology. The mission is twofold: staying ahead of both new fraud methods and regulatory demands while maintaining a frictionless experience for end users.
For AuthenticID, the challenge is not just identifying individual fraudsters, but also thwarting organized fraud rings. By catching the reuse of headshots across different identity documents, Velocity Checks offers a proactive approach to prevent substantial financial loss for businesses.
Fraud prevention is becoming more complex as cybercriminals develop increasingly intricate ways to bypass traditional systems, and biometric technology has become a cornerstone in this defense strategy.