Breaking News
Fime Supports Fight Against Identity Fraud with FIDO ID Verification Accreditations
Fime has achieved full FIDO Alliance Identity Verification (IDV) Certification Program accreditation across multiple regions. Both the Fime EMEA and Fime Taiwan testing laboratories can now support identity verification vendors in certifying their Document Authenticity and Face Verification solutions, helping combat fraud while enhancing the user experience.
With over 70 billion digital identity verification checks conducted in 2024, a reported 52% of people are still concerned about deepfakes and AI-driven fraud. To address this, FIDO introduced the IDV Program, providing a standardized accreditation that ensures remote digital identity verification solutions are secure, reliable, and fraud-resistant.
“Remote IDV is critical for banking, digital ID enrollment, and other sensitive applications,” comments Noël Catherine, SVP of Services at Fime. “Deepfake threats are evolving rapidly, making FIDO IDV Certification essential. Service providers must ensure their vendors offer robust, validated solutions that protect users and minimize risks.”
Andrew Shikiar, Executive Director and CEO of the FIDO Alliance, added: “FIDO’s identity verification certification program strengthens key points of vulnerability in the onboarding and enrollment process to minimize security risks and create a seamless UX. This, coupled with FIDO’s biometric component certification program are key elements in our strategy to reduce the world’s reliance on passwords.”
Fime’s global presence provides stakeholders with local expertise in IDV evaluation, expanding its comprehensive suite of consultancy, testing and certification services across biometrics, authentication, and digital identity.
As a Sponsor Level Member of FIDO Alliance, Fime continues to drive innovation in secure identity verification. Learn more about how Fime can help maximize new opportunities in your biometrics and IDV ecosystem here.
- EXCLUSIVE: “Check, Check… and Check!” – Pilar Fragalà, CBI in ‘The Fintech Magazine’ Read more
- BBVA: Digital Identity Will Transform KYC Read more
- Pocket Network Is Pioneering ‘DePIN for Data’ Read more
- Kea Rolls Out Local Payouts in 85+ Currencies Read more
- Friendly Fraud Expected to Increase by 25% Between Thanksgiving and Cyber Monday, Warns ACI Worldwide Read more
