Page 10 - Cyber Defense Magazine RSA Edition for 2021
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Regula can also make retail and e-commerce operational work more secure and frictionless for the ‘new
normal’. Imagine remote age verification or detection of likely fraudulent all together with no operational
disruption.
Banks and other financial service providers want to ease the onboarding process, but they must not forget
about the safety measures and ensure that they have the relevant security steps in place.
One of those steps is to know the identity of the user, or KYC (Know Your Customer). Regula gives you
all the instruments to build your own, tailored KYC flow. Regula Document Reader SDK and Face SDK
provides financial service providers with instruments that allow quick and easy onboarding for legitimate
customers. The steps are not available to the fraudster, since they will not pass a face match check that
is standard for this kind of security measure.
The constant increase in the need for an online presence has increased the need for remote identity
verification among online retailers and governmental service providers. At the same time, new regulations
around remote identification are putting the onus on such service providers to minimize the risks. So, it
makes sense to choose a reliable product. Regula has more than 25 years of forensics experience,
currently manufacturing hardware devices used by the majority of the governmental borders, as well as
developing proprietary software for remote identity verification.
That was one of the reasons Regula was chosen as a partner to provide voter authentication in recent
elections in Uganda. Identity-related fraud is the type of irregularity that happens most often during
elections. In order to prevent that, election commissions in different countries tend to rely on biometric
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