Use Cases
Biometric Solutions For Multi-Factor Authentication (MFA)
You can eliminate over 80% of data breaches by using MFA. MFA is a critical security measure to protect your users’ accounts and transactions in today’s threat landscape. However, traditional MFA factors, such as one-time passcodes, create friction for users and cause abandonment. iProov’s science-based facial biometric solution offers a secure, inclusive, and effortless “something you are” authentication factor. An effortless facial scan lets the legitimate person in but keeps fraudsters away.
KEY BENEFITS
Discover how iProov can power
your organization
Boost conversion and acquisition rates, meet stringent compliance requirements, and proactively mitigate existing and emerging fraud risks.
Boost Conversions By Optimizing User Experience
If MFA is cumbersome, users are more likely to abandon the process, leading to lost conversions and revenue. iProov’s effortless facial scan eliminates this friction, delivering a seamless experience with >98% success rates. You always have your face with you – you can’t forget it (as with a password) or leave it at home or in another room (as with a device).
Mitigate Account Takeover Fraud
Identity-based fraud costs $52 billion of loss in the US each year. If robust authentication controls are not in place, fraudsters break into existing accounts and siphon funds or steal identities. iProov verifies the user is the right person, a real person, and that they are authenticating right now – thwarting impostors and fraudsters from spoofing the system.
Minimize Financial Losses And Reputational Impact
Automated password attacks and data breaches can cause widespread financial and reputational damage. The global average data breach cost in 2023 was $4.45 million. Don’t compromise on security – choose iProov’s biometric MFA to safeguard your organization and maintain user trust.
Right Person Real Person Right Now
Why Choose iProov for Multi-Factor Authentication?
Lean on proven experience with iProov.
“Our customers really are everything to Knab. That’s why we chose iProov – like us, they are clear leaders in delivering the very best customer experience without compromising on the highest standards of security and compliance.”
Knab
Marcel Kalse, Co-founder
Why Biometric Face Verification?
Use Cases for Biometric Multi-Factor Authentication