Thales In-Person ID Proofing for Financial Institutions

Converging digital and physical Identity verification solutions for financial institutions

In a time where cyberthreats are evolving at an alarming pace, the urgency and demand for enhanced identity verification solutions has never been more critical. In fact, in the first half of 2024 alone, over 1 billion people were impacted by data breaches (largely driven by massive credential stuffing attacks), with the financial services sector seeing a staggering 67% increase in data compromises. 

In response, financial institutions have rapidly embraced digital identity verification solutions, driven by their efficiency and the demand for seamless, convenient interactions from both customers and enterprises. While this shift has transformed the identity verification landscape, evolving fraud tactics and stricter regulations reveal that digital solutions alone may leave critical gaps.

Our omni-channel approach to identity proofing and document verification strengthens fraud prevention, enhances compliance, and fosters customer trust. By seamlessly integrating digital and physical methods, we offer financial institutions a scalable, adaptable solution that prioritizes security and customer convenience. 

Every moment spent relying on outdated systems exposes your institution to increased risks of breaches, fraud, and non-compliance penalties. By combining the strengths of both digital and physical identity verification, financial institutions can stay competitive, secure, and compliant, while remaining agile enough to adapt to future threats. Learn more about the Thales In-Person ID Proofing solution to safeguard your financial institution stays ahead of emerging threats, ensure compliance, and continue offering secure, customer-centric services that are ready for whatever the future holds.