Innovatrics provides solution for Tatra Banka
28 September 2018 15:48 GMT

Slovakian biometrics firm Innovatrics has announced that Tatra banka, a division of Raiffeisen Group, has fully automated its customer authentication and onboarding process with Innovatrics’ Digital Onboarding Toolkit (DOT). DOT is a ready-to-deploy technology that integrates optical character recognition (OCR) and state-of-the-art facial biometrics into a mobile application.

According to Peter Martiš, Innovatrics’ Chief Sales Officer, “The artificial intelligence powering DOT knows hundreds of so-called facial vectors, i.e., characteristic facial features such as eye distance, forehead size, or nose distance. This smart system recognizes millions of faces and specifically knows what to look for when verifying at incredibly high speeds. It always chooses the features that define the person's face.”

Built upon the principles of machine learning and deep neural networks, DOT makes it possible for customer onboarding to be accomplished in two simple steps using the client’s own mobile device without having to visit a brick-and-mortar branch, resulting in a significant reduction in errors, time, and resources.

First, users take a photo of both sides of their identification card. Next, users are prompted to take a selfie to verify that the image is, indeed, the same as the picture on the submitted ID. The system focuses on facial features that remain unchanged even as people age or gain weight.

To further secure the system, a ‘Liveness Test’ is conducted, wherein the client has to follow with his or her eyes a randomly moving dot appearing on the mobile screen. When displaying sensitive information, the screen is automatically blurred if the system is unable to detect a legitimate user. Using the device’s front camera, Innovatrics’ proprietary technology scans the user’s eye movements, facial features, and light conditions in order to authenticate the identity -- safeguarding the user against spoofing and account misuse.