Share this post:
Smartphones put the whole world in the palm of users’ hands. They can manage their personal lives, interact with friends and social networks, and bank and shop online.
But how can we know that our interactions and transactions are secure?
Social networks, e-commerce companies and banks require user names and passwords, but according to Tech Viral, the most common passwords in 2017 were easy to guess: “123456” or some variation thereof, and “qwerty.” Today’s brute-force cracking software and hardware can unscramble those passwords in seconds.
Because people have an average of 25 passwords to remember, it’s no surprise that they pick simple and common passwords.
Now the solution to this challenge is as simple as a selfie.
Biometric authentication from FacePhi
FacePhi offers a mobile facial recognition solution, Selphi, that enables mobile banking users to access their accounts just by taking a selfie.
Selphi converts the image into a unique pattern, which is immediately sent to the bank’s servers. Within 36 milliseconds, the solution can confirm who the user is.
The technology can also distinguish between a photograph in a camera roll and a live smartphone user.
Much more secure than user names and passwords, our innovative solution has been embraced by major financial services organizations, including HSBC Argentina and Industrial and Commercial Bank of China (ICBC).
IBM Cloud supports Selphi
FacePhi was looking to leverage the cloud to help accelerate time to market, reduce infrastructure costs for Selphi proof-of-concept (POC) projects and simplify deployment. Our company evaluated several cloud solutions and chose IBM because of its brand recognition with FacePhi clients, as well as its technical expertise and stability.
IBM Cloud Virtual Servers support the FacePhi deployment platform. IBM worked closely with the FacePhi team throughout the entire implementation process and in a few weeks, we were up and running on IBM Cloud. Within a month, the first FacePhi clients were on board.
FacePhi appreciates the flexibility of the IBM Cloud Virtual Servers. When a potential client of ours wants to see a POC, we can provision a virtual environment in minutes. The performance and availability of the IBM Cloud environment are what support the data processing for quick authentication, which enables a good user experience.
All the information stored in the IBM Cloud is encrypted, which means FacePhi is compliant with strict banking regulations.
Attracting clients, building loyalty
By using IBM Cloud Virtual Servers, FacePhi has reduced the time required to set up a POC for a customer by 50 to 75 percent.
FacePhi customers who want to implement the Selphi production environment can quickly roll out the solution to thousands, or even millions, of customers.
Banks that use Selphi, as well as their customers, have peace of mind that their data can be kept secure.
Overall, Selphi helps banks to attract clients and build loyalty.
Read the case study for more details.