January 16, 2018
Cisive, a global provider of compliance-driven human capital management and risk management solutions, announces the introduction of IDVerityTM , a real-time identity authentication solution for the Human Resources industry. IDVerity is the first line of defense in the background screening process and should be a foundational tool that employers use to manage the ever increasing risk of fraud and impersonation.
Data breach activity skyrocketed in 2017, exposing sensitive personal information including SSN, driver’s license, medical and/or financial records for millions of consumers. This combined with advancements in graphics technology, has made it easier for a deceptive candidate to falsify a government-issued ID and assume another person's identity. Coupled with the growing insider threat to businesses and compliance requirements in regulated industries, employers must add “Know Your Candidate” programs to their existing “Know Your Client” (KYC) program to protect their company, employees and customers.
IDVerityTM is state-of-the-art technology that forensically authenticates a candidate’s identity by validating the authenticity of their government issued ID and then comparing it to the candidates self-photograph taken from their mobile device. The solution combines artificial intelligence (AI) technology including ID verification that authenticates the ID and identity verification using biometric facial recognition, liveliness detection and live verification experts, to provide a complete solution to verify the real-world identity of a candidate. The balance of AI and human review is a critical component to keeping employers globally compliant.
This is the same technology used by law enforcement, border controls, and the TSA today, and follows the National Institute of Standards and Technology (NIST) standards for Identity verification.
“Employers need to guard against insider threats, especially those perpetrated by persons using a fraudulent identity,” says James Owens, Cisive’s CEO and president. “The IDVerity solution will allow our clients to verify a candidate’s identity and reduce their risk exposure in a dramatic new way. We are excited to introduce this ground breaking technology that will undoubtedly transform the candidate onboarding process.”
The Benefits of IDVerityTM
Know who you are hiring. For more information on IDVerity or to receive a demo, call us at 1-866-557-5984.