Face Verification Setting Foot in Crime and Fraud Detection

 

Face verification technology was invented a long time ago but it did not acclaim such huge fame and recognition as it does now. Currently, it is used in several industries and organizations of all types. Face recognition/face verification was used by security agencies, banks, etc. for security purposes in the past but now it is used for crime investigation and fraud detection as well. And not to mention for regulatory compliance. Businesses are using it to verify their customers in real-time by verifying their identity through facial verification.

The reason why face recognition attained such significant fame in the last few years is due to rapid advancements in this technology. It delivers more accurate results and is quite easy to use as well. The launch of selfie cameras in portable phones increased awareness among the masses and using face recognition is easy for grannies and 21st-century generation aswell.

Face Recognition for Crime Investigation

Face recognition technology was invented a long time ago but in the past few years the technology was used for several unique purposes and crime investigation is one of them. In 2011, the Pinellas County Sheriff’s Office introduced its own face recognition software which reduced the crime a lot in Panama. The investigation department investigates the crime using face recognition software and reduced organized crimes like drug trafficking.

Recently the New York police department started using face technology to identify the criminals moving among the people. The police department plans to use the static cameras installed in public places to identify the criminals during the investigation. The police departments in several other states also employe face recognition in the investigation. It is reported that the FBI also uses face recognition to identify the criminals.

Face Recognition for Fraud Detection

Face recognition technology is used in several industries for fraud detection and fraud prevention. The identity verification industry uses it to verify the individuals through face verification in real-time. Several businesses and organizations are using this technology for verification of customers under KYC (Know Your Customer) practices. The easy integration of face recognition technology in systems of businesses made this technology a part and parcel of fraud detection and fraud prevention solutions. For example, Shufti Pro, an identity verification service provider uses face verification technology to verify the end-users of its customer businesses. The end-user shows his face and it is matched with the image on the identity document. This technology replaced manual verification and helped businesses achieve proactive fraud prevention in a swift manner.

Facebook also uses facial recognition technology to alert the user about his/her pictures that are uploaded without tagging them. Through this, users can easily report accounts using their photos without prior consent.

Other than that, facial recognition technology is also used in security agencies, banks, high-security places, etc. to verify the identity of a person before granting him access to a certain place or a thing. The reason behind such wide use of this technology is the ease in its use and the continuously increasing precision and accuracy that it delivers. It is expected that this fame and usage might become even more widespread in the next few years. As the world is moving towards total automation, it is expected that face recognition will be a part of the daily life routine of people.