LSEG taps IDVerse for AI-powered ID verification solutions
The London Stock Exchange Group (LSEG) has selected IDVerse’s identity verification tools and infrastructure to “scale global coverage and fight digital deception in customer onboarding”.
LSEG partners IDVerse for ID verification tech
LSEG will utilise IDVerse’s Zero Bias AI offering, a regenerative AI solution used to mitigate discrimination based on race, age or gender within deep neural network systems.
With 99.99% accuracy powered by natural vision processing (NVP), the solution is set to bolster LSEG’s ability to spot deepfakes, fight fraud and manage associated risks while also “ensuring fairness in identity verification”.
LSEG will integrate Zero Bias AI into its Document and Biometric Verification solution, which also comprises the vendor’s Deepfake Defender AI.
Daniel Flowe, head of digital identity at LSEG, says the group’s selection of IDVerse “adds yet another means of low-friction, high assurance identity verification for our customers”.
He reveals that prior to integration, the group “extensively tested IDVerse’s interoperability, performance, and agility” to “give our customers confidence”.
LSEG announced a partnership with Mastercard last year to install open banking technology within its identity and authentication business Giact. The firm also sold its Client On-Boarding solution to Delta Capita in April this year.
