IAL3 is the highest identity assurance level and requires high confidence in digital identities. To meet its requirements, document validation, biometric comparison and direct oversight must all take place concurrently to reduce risks of impersonation and fraud for regulated industries.
Trust Swiftly's IAL3 verification solution helps your business meet compliance regulations while providing an exceptional user experience. Utilizing document verification and facial recognition with liveness detection technology, Trust Swiftly ensures you meet IAL3 requirements efficiently.
Cost-effectiveness
Digital identity verification helps businesses protect themselves against fraud, cybercrime and data theft while meeting stringent regulatory requirements in regulated industries and improving customer experiences. Unfortunately, implementation of solutions meeting IAL3 compliance can be expensive; trustswiftly's advanced technologies provide a cost-efficient identity verification process compliant with IAL3.
SP 800-63-3 outlines the IAL level of assurance, which requires that claimed identities match real-world records and that evidence supports claims. Additionally, it defines various levels of verification (in-person attendance is one option). Modern identity platforms like HYPR Affirm can achieve IAL2-level assurance through remote, unattended identity proofing methods and document authentication capabilities - IAL3 identity proofing providing a flexible IAL3 compliant solution tailored to specific use cases while remaining secure against evolving fraud techniques while offering greater scalability than traditional password-based authentication systems.
Convenience
Implementing NIST 800-63A IAL3 verification provides numerous advantages, including regulatory compliance, user experience improvement and cost efficiency. Its implementation can especially assist sensitive environments like healthcare and financial services by offering identity assurance at this high-level of assurance that can safeguard against fraud and spoofing attacks.
For individuals to achieve IAL3 verification, they must provide evidence of real-world identity as well as one or more biometric traits. This verification process takes place onsite with a trained CSP representative present. This ensures that their claimed identity matches up with that in reality and helps prevent more sophisticated attacks such as evidence falsification and theft.
Mitek's Identity Platform meets IAL3 requirements by integrating multiple verification methods into an automated and scalable solution, including document authentication and facial recognition with liveness detection. In addition, the platform features a supervised element which can help ensure people in high-risk transactions or areas remain authenticated.
Security
Many online activities require an identity verification process to connect a digital identity with real life individuals, especially within security and healthcare sectors where strong authentication systems are crucial to safeguard sensitive information and combat fraud. Organizations also regulated by regulatory mandates must also adhere to this practice in order to comply with regulatory mandates.
NIST has established Identity Assurance Level 3 as their highest level of identity assurance, which involves stringent document and biometric validation processes, biometric comparison, and direct oversight. IAL3 can be conducted remotely or in-person and requires superior evidence such as government documents verified against authoritative sources.
Trust Swiftly offers a complete IAL3 verification solution, featuring both managed services and pre-configured hardware. This comprehensive verification platform integrates document verification for thousands of global documents, facial recognition with liveness detection and dynamic knowledge-based authentication; multiple external databases connect via secure links are utilized to compare non-facial evidence against authoritative data sources resulting in a foolproof identity proofing process that keeps pace with modern fraud techniques.
Compliance
Acquiring FedRAMP High authorization is an immense milestone for technology companies, but one requirement can often prove challenging: Identity Assurance Level 3 (IAL3) verification. Traditional proofing involves physically visiting each team location requiring expensive agents as well as time consuming proofing sessions with each member requiring verification by themself which introduces security risks and compliance bottlenecks that reduce productivity.
Now available is a hardware-based remote IAL3 verification solution, making it simpler for CSPs to comply with NIST standard and satisfy auditors while saving money and meeting budget. Trust Swiftly's solution provides easy use yet secure use, using multiple layers of protection against sophisticated attacks.
Process includes biometric checks, document authentication and watchlist checks in order to identify suspicious individuals or entities linked to fraud or terrorism. Furthermore, official databases and utility bills are cross-referenced in order to ensure submitted addresses match public records accurately; while behavioral biometrics such as facial recognition with liveness detection and fingerprint scanning also help verify users' identities to reduce the risk of impersonation and account takeover attempts.
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