What to Expect from this Whitepaper?

This whitepaper is intended for financial institutions, regulators, and technology providers seeking to understand the challenges of remote identity proofing, implement high-assurance onboarding during KYC, and mitigate fraud risks while maintaining compliance and ensuring a smooth customer experience.

• The shift toward remote identity proofing and its impact on financial services
• Performance metrics for verifying system reliability, including FAR, FRR, APCER, and BPCER
• Key regulatory requirements and standards issued by organizations such as FATF, NIST, and ETSI, as well as regulations like eIDAS
• Benefits of secure onboarding for operational efficiency, fraud reduction, and regulatory compliance
• Risks of weak identity assurance in remote onboarding
• Sector-specific needs for different levels of assurance in identity verification
• High-assurance KYC components include document verification, facial biometrics, and liveness detection