Fraudsters know how to get around standard digital onboarding processes which only leads to further losses down the line.
Fortify your defenses by checking for synthetic identities, duplicate identities and people on blocklists.
Standard compliance checks are simply not enough. You need to leverage stored biometrics - safely and securely - to make sure you are not leaving yourself vulnerable to down the road fraud.
We make it possible.
With Anonybit’s decentralized biometrics cloud, you can store biometrics safely and leverage one to many selfie lookups - the only factor that a fraudster cannot steal from someone else or change to be someone else.
The Decentralized Biometrics Cloud powers the user journey, preventing data breaches and account takeover attacks - from digital onboarding and beyond.
- Safely secure selfies and other biometrics collected at digital onboarding
- Run 1:N queries at digital onboarding to ensure people are not enrolling under multiple identities, creating new identities, or trying to circumvent blocklists that you have established
- Receive a candidate list of potential matches for fraud investigation purposes
Your first line of defense begins at digital onboarding. Don’t fall short because of data protection concerns. Use Anonybit and have your cake and eat it too. Privacy and security. All with one modular, patent-pending decentralized platform.
Harness the power of decentralized biometrics storage for digital onboarding and beyond.
With account takeover fraud up 90% year over year despite $23 billion being spent on cybersecurity this year alone, it is clear that the current approach to identity management is not working. With Anonybit, you can be confident you are closing the gaps that attackers exploit.
The Decentralized Biometrics Cloud underpins the Anonybit Genie, the only end to end identity platform with a privacy-by-design core. All other solutions either address only one aspect of identity or they have centralized backends. We eliminate the tradeoffs.
Anonybit Genie Features
- Supports third party algorithms for decentralized 1:1 and 1:N for multiple biometric modalities, including face, voice, etc.
- Enables easy compliance with data protection regulations
- Can be implemented as a standalone solution or as part of the integrated Anonybit Genie offering
- Use with our Decentralized Data Vault to recall stored images for investigative purposes
Anonybit Genie Benefits
- Store biometrics without risk of a data breach for persistent authentication across the user journey
- Leverage existing digital onboarding processes for selfie capture; no extra steps required
- Real time 1:N query results
- Supports fraud and other downstream investigative needs
See why these industry leaders see us as their trusted solution for digital security and user privacy.
Founder & CEO of Liminal, the digital identity strategy firm
One to many decentralized matching is an important capability to enhancing the privacy and security of identity systems.
Dr. Mohamed Lazzouni
Chief Technology Officer at Aware
"Anonybit tackles a key issue for biometric implementations – how to secure the biometric template. In an age of privacy first, their approach promises to address the need for greater data protection and frictionless identity assurance. We are delighted to be partnering with them to deliver privacy-preserving identity management solutions to the market."
Digital onboarding should work for you, not against you.
Today’s fraudsters have figured out how to get past the standard defenses. So while you might be in compliance with KYC/AML regulations, you may be vulnerable to fraud at account opening and beyond.
Anonybit’s decentralized biometric cloud provides secure and safe storage of biometrics so you can run 1:N queries and prevent synthetic identities, stolen identities, mules and people on blocklists from opening new accounts. With no change in the user experience, you can change your organization’s fraud and security posture overnight.
You’re already capturing selfies. Use them to protect your enterprise, your customers and their assets.
Contact us today to learn how to leverage the Anonybit decentralized biometrics cloud in digital onboarding today.