Streamline the taking out of policies and protect from fraud
Identity management and verification for insurance
In an environment where trust is key, insurers must offer a fluid, secure safe experience to their clients. With the Facephi identity verification solutions you can simplify and improve the inclusion of new insured, protect their data and prevent fraud, all whilst complying with the most demanding regulations.
Speedy, frictionless digital onboarding
The insured registration process has never been so simple. With Facephi, you can register new customers in less than 10 seconds, complying with KYC and AML regulations and avoiding fraud in real time:
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Step 1: automatic capture of the identity document using OCR, ensuring correct, precise data.
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Step 2: biometric verification with a selfie and passive liveness technology to make sure that the person is who they say they are, protecting from identity theft (anti-spoofing).
Assisted or unassisted registration options:
Assisted
video call with an operator to ensure security in real time.
Unassisted
a self-guided interface that allows a speedy process accessible from any device.
Prevent identity theft
Advanced fraud protection
With multifactor authentication (MFA) and advanced biometrics you can verify the identity of your insured in each operation and in real time, helping to prevent fraudulent activities such as the identity theft or the creation of false accounts.
Use cases for the insurance sector
Facephi solutions drive essential improvements in different areas of the insurance sector:
Key technology for the insurance sector
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OCR document capture
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Reading NFC chip
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Facial biometrics, fingerprint and voice
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Passive liveness
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Strong Customer Authentication (SCA)
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Continuous fraud monitoring with personalised rules and alerts
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Device securitisation and geolocation
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Electronic signature and reading of receipts
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Integración con BBDD gubernamentales y listas de exclusión
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Multifactor Authentication (MFA)
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Assisted/unassisted video onboarding and video recording
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Behaviour biometrics to detect suspicious patterns
Optimise processes and protect your customers in each interaction
Main benefits
Fraud reduction
Minimise the risks of identity theft and fraud in the taking out of policies.
Regulatory compliance
Comply with the KYC and AML regulations and the highest data protection standards.
Speedy processes
Simplify procedures, cutting operating costs and waiting times.
Improvement of customer experience
Speedy, secure onboarding that optimises customer conversion.
Real -time security
Monitoring and continuous detection of fraud, guaranteeing protection in each interaction.
Scalability
Adaptable solutions that grow with the needs of the insurer
How have our clients achieved this?
Success stories
Simplifies the digital procedures of its affiliates by integrating identity validation with facial biometrics connected to the Peruvian Civil Registry (Reniec) and the electronic signature of documents, guaranteeing speed and security in each process.
A pioneer in offering a mobile app, it uses facial biometrics to validate identities in all its lines of business. Its process includes the capture of documents, OCR, facial recognition and proof of life, providing security and self-service on multiple platforms.
Improves and simplifies the identity verification of new clients with a speedy digital onboarding process, using facial biometrics and OCR capture of the identity document. In addition, it facilitates the transfer between AFPs with direct connection to PreviRed, ensuring security and efficiency in each operation.
How it works
Our digital identity management and verification products
Authenticate users in a fluid way and without passwords using multibiometric technology, preventing unauthorised access in physical and digital environments.
More infoSpeed up and ensure the identity verification process (KYC), complying with the regulations and improving the user experience.
More infoOrchestrate onboarding and authentication processes with a modular and flexible platform that guarantees maximum security and regulatory compliance.
More infoMitigate fraud with advanced technologies that detect and prevent fraudulent activities in real time, ensuring protection for each operation.
More info
