Thursday, November 21, 2024
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LSEG Adopts IDVerse AI to Strengthen Global ID Verification and Combat Digital Fraud

  • The London Stock Exchange Group (LSEG) has chosen IDVerse’s advanced identity verification technology to strengthen global onboarding and combat digital deception.
  • Using IDVerse’s Zero Bias AI, which provides 99.99% accuracy and mitigates bias related to race, age, and gender, LSEG aims to enhance fairness and security in identity verification processes.
  • The AI-powered system includes natural vision processing (NVP) and features like Deepfake Defender AI to detect fraud and protect against deepfake risks.
  • LSEG’s head of digital identity, Daniel Flowe, highlighted rigorous testing of IDVerse’s technology, which has shown to improve both accuracy and user assurance in digital identity verification.

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