Fraud documentary has become the third largest criminal industry in the world. It costs the global economy billions of dollars each year. Fraud motivations are wide : to stay in a country illegally, to flee arrest, to steal someone’s identity for profit, to deceive someone, etc. With Internet and remote customer registration, online fraud documentary has increased. States and organisations, that issue identity documents, have always made use of security techniques to fight identity fraud. But sometimes this is not enough. Fraudsters are developing more sophisticated techniques. Companies need to be vigilant and protect themselves against identity fraud. It becomes essential to integrate fraud protection services in some sectors of activity.
Our identity document verification service is an effective way to verify id documents. IDCheck.io is able to detect a false id document in real time. Our service offers an identity fraud protection. Discover the types of document fraud that are most commonly used today. And learn the risks involved, ranging from simple counterfeiting to identity theft.
In banking and public sector, document fraud is a very real risk. Especially in remote identification situations, we recommend to develop an efficient KYC process.
This type of fraud generally involves identity theft. Every day, many individuals fall victim to identity theft. This generates significant financial and moral costs. These offences are punished severely by the law. Unfortunately they are becoming increasingly frequent.
As well as being troublesome for individuals, these frauds cost businesses and governments thousands of euros every year. To avoid the risk of fraud, it is vital to have processes that offer greater security, such as automatic identity checks.
This means reproducing an identity document in full.
It is usually fairly simple to detect. Because the counterfeits are often of a poor quality. And its rarely contain all the security features present in authentic documents. But the technical skill of counterfeiters is rapidly improving. Very well-produced forgeries are beginning to appear.
Counterfeiting is frequently carried out when creating a customer account on Internet. This is why companies must be particularly vigilant about verifying the identity of their customers. IDcheck.io allows companies to equip themselves with fraud protection services.
Forging documents includes making changes to an existing ID document.
The changes can be simple (changing a date of birth or expiry date, for example) or more complex. Some fraudsters have even made a speciality of “scrubbing” document. They produce a blank document from a personalised document. The original document may belong to the forger, or it may be a document stolen from or sold by its legitimate holder.
Forgery is the reason behind significant trafficking in stolen identity documents. And it’s sometimes very complicated to recognize them with the human eye. This is why it becomes essential for companies to have fraud detection software.
An id document consists of a blank document that is personalised with holder’s informations. When the job of personalisation is decentralised, blank identity documents are transported to local authority offices. Fraudsters intercept the transfert to steal blank documents to personalise them with fake informations. Poducing what is known as a “stolen blank document”.
Identity documents are now mostly personalised at a secure central location to avoid this fraud. But exceptions still exist, including visas. These documents are personalised in embassies and consulates. This means that stolen blank fraud is a significant concern for this type of document. This documentary fraud is very technical. To detect them, enhanced fraud protection services are needed.
Identity theft is impossible to detect just by verifying the id document. Because it’s a real id document being presented by someone who is not its legitimate holder. These cases can only be detected by cross-checking.
During online account creation process, it’s necessary to develop an enhanced id verification. With our id verification solutions, we control your customer’s identity document. But we also verify that they are the person they claim to be. We combine id verification and facial recognition solution. Also we increase capability to guarantee the identity with a liveness detection.
Integrating IDCheck.io into your services means detecting identity theft.
What we call a pseudo identity document is a document created from scratch by the counterfeiter. Without reference to an existing identity document template. It naturally has no value, but may sometimes be accepted as an authentic document by a non-expert. The best-known pseudo documents include the World Passport.
In this last case, detection is more complex. Because it is a real document obtained fraudulently. An initial document fraud is used to produce false supporting documents that are then used to obtain a real document. This is sometimes referred to as a FOG (fraudulently obtained genuine) document. The identities it represents may be fabricated or stolen.