The Power of ID Authentication in Businesses - PowerPoint PPT Presentation

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The Power of ID Authentication in Businesses

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Explore the power of ID authentication methods and understand their pivotal role in addressing business needs. Dive into the nuances of identity verification and its significance in modern business operations. – PowerPoint PPT presentation

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Title: The Power of ID Authentication in Businesses


1
THE POWER OF ID AUTHENTICATION IN BUSINESSES
2
What Is ID Authentication?
Identity (ID) authentication is a verification
process designed to establish the true identity
of users. These systems are employed to safeguard
access to specific actions or services.
For example, you might need to use ID
authentication to access a secure server or to
make a credit card payment online.
3
Two-Factor Authentication (2FA)
Passwords and PINs
ID Authentication Methods
Behavioral Biometrics
Biometric Authentication
Knowledge-based Authentication (KBA)
Device Authentication
4
Why Businesses Need an ID Authentication Solution
02
01
Enrich the customer experience
Keep fraud away from customers
Secure your business and customers Integrate
identity verification! Prevent fraud, fake
accounts, and unauthorized purchases.
Secure your business, protect your customers.
Identity checks stop fraud, build trust, and
boost your reputation.
03
04
Fulfill regulations
Cut back on costs
Adopting a solution enhances business identity
verification by reducing fraud and chargebacks,
leading to substantial time, effort, and cost
savings.
Companies need to adhere to rigorous regulations.
An identity authentication solution safeguards
businesses, ensuring compliance and avoiding
potential fines.
5
ID Authentication Examples
Online shopping
Affirm partners with Amazon, offering shoppers
installment payments. To finalize, users verify
their phone for a secure 4-digit code.
Flights
In airports, travelers use identity
authentication by presenting their tickets and
licenses to check bags and get boarding passes.
6
Have Questions? Reach Out.
1 (256) 319 3470
info_at_ftxidentity.com
www.ftxidentity.com
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