Reusable Identity Profiles for Faster Cross-Merchant Verification
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Solution Overview
Problem
Existing identity verification (IDV) processes are time-consuming, resource-intensive, and unreliable, particularly in digital environments, due to the need for repeated KYC processes and the challenges of capturing and processing government IDs, which are varied across regions and prone to errors and resource inefficiencies.
Innovation Solution
The use of reusable profiles in an IDV platform that leverages facial recognition technology to verify user identity by comparing a new self-image to previously captured images, eliminating the need for recapturing IDs, and incorporating knowledge-based authentication to enhance security.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If traditional KYC processes are used for identity verification, then security and compliance are maintained, but verification time and resource consumption increase significantly
Solution Approach 1:
The system performs preliminary identity verification through KYC processes and stores the verified information in reusable profiles. When the same user needs verification with a different merchant, the pre-verified profile is reused instead of repeating the full KYC process, thus maintaining security while reducing verification time.
Solution Approach 2:
The verified identity profile created through KYC is made universal and can be reused across multiple merchants and services. A single verification process serves multiple purposes, allowing the user to prove identity at different platforms without repeating the entire verification process.
2Measurement precision
If government IDs are captured and processed for each verification, then identity accuracy is ensured, but resource efficiency decreases due to repeated processing
Solution Approach 1:
Instead of recapturing and reprocessing physical ID documents for each verification, the system creates a digital copy of the verified identity information in a reusable profile. This copy contains all necessary verification data and can be repeatedly used without requiring the original document to be captured again.
Solution Approach 2:
The ID capture and processing is performed once in advance during the initial KYC process. The extracted and verified identity information is stored for future use, eliminating the need for repeated document capture and processing while maintaining verification accuracy.
3Productivity
If facial recognition is used to compare self-images, then verification speed increases, but system complexity increases due to additional technology integration
Solution Approach 1:
The system introduces facial recognition technology as an intermediary method to bridge the user and the verification system. Instead of directly comparing ID documents, the system uses facial biometrics as an intermediate verification layer that can quickly match the user's current appearance with their stored profile, accelerating the process while managing complexity through specialized integration.
4Ease of operation
If reusable profiles are implemented across multiple merchants, then user convenience improves, but security risks increase due to centralized data storage
Solution Approach 1:
The centralized verification system is segmented into modular components: profile creation, profile storage, profile matching, and verification decision-making. Each merchant integrates only the necessary functions through APIs, allowing convenient reuse of verified profiles while distributing security responsibilities and reducing the attack surface of centralized data storage.
Data Source
AI summary
Disclosed herein are system, method, and device embodiments for employing reusable profiles in an identity verification platform to verify a user's identity without re-capturing an ID or other document. When a user previously verified their identity with the platform, the platform may subsequently verify the user's identity using only a new self-image. By comparing the new self-image to all previously captured images in the repository of previously verified profiles, the platform may select a matching profile that is associated with a previously validated document. The platform may use the previously validated document to verify the user's identity. To enhance security and accuracy, the platform may enforce an additional knowledge-based authentication check and compare the new self-image to a photograph extracted from the previously verified ID.