In a statement, Cyberlink said the certification indicates that the FIDO Alliance has recognised a variety of advanced FaceMe security and interoperability protocols that meet the high-security standards of the financial services industry, such as employing multi-factor authentication over traditional password login. These standards apply to a broad spectrum of online interactions, from basic content access to transaction enabling in industries such as banking, securities, insurance, and electronic payments, among others.
The FIDO Alliance develops authentication standards to assist in reducing the world’s dependency on passwords. Its certifications have grown in popularity and importance, particularly among global technology corporations dealing with more complex electronic systems and data-sensitive transactions. The FIDO Alliance provides authentication methods, and its standards have already been adopted by crucial network technology sectors and cloud service providers, as well as by numerous governments.
CyberLink’s FaceMe is not only FIDO Alliance certified, but it also has various other certifications and security metrics. FaceMe recently passed the iBeta ISO PAD Level 2 liveness detection test with flying colours and is ranked first in the world by the National Institute of Standards and Technology’s (NIST) Facial Recognition Vendor Test (FRVT) with an accuracy rate of 99.81 per cent and an error rate (False Match Rate) of 1 in 1 million. These data demonstrate that FaceMe’s industry-leading accuracy and anti-spoofing capabilities can be relied on to effectively avoid misidentification or identity fraud.
When allowing access to extremely sensitive information and carrying out duties for online banking, securities, insurance, electronic payments, and more, FaceMe’s face recognition software is more convenient and smooth and a more secure form of user identification. CyberLink customers using FaceMe’s face recognition technology to offer a more secure experience include Yuanta Life, Meihao Securities, and the virtual currency exchange CoinTrust.
Financial eKYC (electronic Know Your Client) solution FaceMe Fintech from CyberLink is also FIDO Certified. CyberLink’s major ongoing initiatives include increasing security and privacy protection and the FaceMe experience. As a result, the business will keep looking for ways to enhance its solutions and submit them to the top certification programs.