Web · 2018-11-08

‘mati’ keeps companies safe from identity fraud – #Startups

identity fraud

Today, people are often identified by a photograph Online, oftentimes, there’s no more evidence than an image on a social media Website. In the past, when a person’s physical presence could be compared to their identification documentation, there was less need for advanced security protocols to prove their existence. In our present circumstance, it’s very difficult for companies, which rely on obtaining specific user identification verification, to operate on a system of comparable veracity – in other words it’s hard for them to identify fraudulent identification misrepresentation.

Thousands of Web applications, from insurance Sites to those offering Online job opportunities such as freelance Sites need to verify users effectively – they have to be able to spot frauds, or possibly lose their reputation, along with their clients. Whichever system they employ to do this, they could possibly be duped because specialized checks, which are beyond the common, need to be in place to catch all the clever criminals out there who wish to pass themselves off as someone they are not in order to obtain credit or other advantages.

Sophisticated software & systems must be used in today’s environment where Photoshop could easily be used to mock-up a copy of a passport or driver’s license, both of which are often used to verify people’s identities.

Clearly, professional verification tools are necessary to complete accurate checks. Aware of the problem, mati  has developed a suite of functions aimed at alleviating the pain-points associated with user identification. Their system performs effective cross-reference verification for a number of ‘most needed’ elements, such as proof of residence.

Documentation checks are performed on passports, driver’s licenses & identity documents, where mati uses their state-of-the-art Face Recognition Software to compare a person’s photo against these documents. Additionally, mati runs inspections on database listings for the person undergoing the check.

The following database lists are used:

  1. Global Terrorism
  2. International Wanted Criminals
  3. Sanctioned Individuals
  4. Anti-Money Laundering

Mati offers a single-button, easy install method for their app. Clients can select which documents they want checked, & receive almost instant feedback on their request, directly to their back-end. Moreover, the company offers a free 1000 check tier to their pricing structure, which means that there’s absolutely no reason to ever have identity check issues on any websites in the future.

 

– This is a startup profile based on publicly available material & not a review – 

 

Image Credit: mati

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