Biometric Authentication Software Resources

NFC chips embedded in government documents contain customer information and issuing authority signatures proving documents are genuine. Identity proofing platforms read chips and confirm printed details match chip contents, providing tamper-proof validation. NFC makes verification easier and more secure while reducing friction for legitimate customers and increasing security against fraudsters using fake or manipulated documents.

The FTC received 6.5 million reports in 2024, including 1.1 million identity theft reports, with consumers losing $12.5 billion—a 25% increase. Credit card fraud accounted for 43.9% of cases. The FBI recorded 859,532 cybercrime complaints with $16.6 billion in potential losses. Investment scams led with $5.7 billion, followed by imposter scams at $2.95 billion. Job scams jumped from $90 million (2020) to $501 million (2024).

Identity verification confirms someone is who they claim to be, usually during onboarding, using ID documents with data matched to authoritative databases and biometric matching to a live selfie. Authentication validates established credentials (passwords, biometrics, MFA) at every access point thereafter throughout the business relationship. Binding these two processes together with a strong authentication credential created during the verification process creates the most secure customer and employee workflow.