Profits,

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Instant
Image
Verification
Profits,
Right Before Your Eyes.
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Agenda
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Next Steps
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The 25 Billion Problem Identity Fraud
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Fastest growing financial crime Dept. of
Justice
1.4 million fraudulent checks valued a
27.3 million written daily.
9.9 billion losses annually
Create a Check
96 of bank card fraud losses
traceable to identity fraud Mastercard
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Types of Identity Fraud
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Face-to-Face Online
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The Market Face-to-Face Identity Verification
Services
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Effective Loss PreventionCombating Face-to-Face
Identity Fraud
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Existing Loss Prevention Solutions Fall Short
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FalseRejects
FalseRejects
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Introducing the True ID Solution
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Instant Image Verification Stops Fraud
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Initial Consumer Contact
Consumer Enrolled, Photo ID Scanned
Real-time Cross-market Image Verification
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True ID Stops Face-to-Face ID Fraud
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Instant Image Verification Provides Secure Audit
Trail
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The Other Problem Online Identity Fraud
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The Market Online Identity Verification Services
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Online Identity Fraud Solutions The Needs are
Similar
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Online Identity Verification Solutions Fall Short
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FalseRejects
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The True ID Online Solution
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At POS Consumer Enrolled, Identity Verified
In-person
At POS Issue One-time Passcode on Receipt for
Digital Certificate Download
Consumer at Home Enters Passcode on their PC
Data Validated and True ID Digital Certificate
Issued
Strong Authentication, Real-time Security, Full
Audit Capabilities for In-person AND Online
Transactions
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The True ID Online Solution
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Instant Image Verification The Effective
Solution to Identity Fraud
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FalseRejects
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The Image Data Investment Opportunity
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Path to Profitability
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The Channels Key to Mass Deployment
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Burn Control
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The Image Data Investment Opportunity
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Growth Margins
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• 2001
• Increase transactions vs. hardware revenues
• Increase ratio of verification to enrollment
• Hardware Production/sales licensing begins
• Hardware costs decline
• 2002
• Increase in fully automated online verifications

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Growth Face-to-Face Market
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Growth Online Market
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Growth Face-to-Face and Online Transactions
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P L Aug 2000 - Dec 2003
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