Kairos Announces Beta Launch of Liveness Detection, Reducing Identity Fraud for Digital Transactions
Kairos' Anti-Spoofing Software Proves Liveness and Increases Authentication Security Without Need for Specialized Cameras or Hardware
MIAMI, April 29, 2019 /PRNewswire-PRWeb/ -- Kairos, a B2B facial recognition company, today announced that Liveness Detection (AKA 'Anti-Spoofing'), a selfie-based authentication feature, is now available for beta testing through its API platform. This new feature enables businesses to determine if a face detected in their product is "live," rather than a photo or video of a face. Initially the company is targeting Financial Services Providers to help them combat identity fraud, meet regulatory compliance and significantly speed-up the acquisition of new users.
Facial recognition software has advanced so much in recent years that it's now becoming a preferred solution over passwords, security questions, and even other biometrics. However, like most new technologies it also introduces new possibilities for security breaches and malicious behavior.
"Liveness Detection has been Kairos' number one request from prospective customers, so we're thrilled to launch our first version on the market," said Kairos CEO, Melissa Doval. "In addition to providing protection from identity fraud, customers tell us speed and user experience is critical for the success of digitally on-boarding new users. Many of today's incumbent liveness solutions, we found, ask too much of users—and this 'friction' negatively impacts conversion rates, an essential metric for growing customer acquisition."
From just a single-selfie, Kairos' algorithm detects pixel-level patterns to predict spoof-attacks—this Liveness feature, when combined with their face matching (frequently deployed as part of a multi-factor authentication solution), provides high pass-rates for businesses without compromising on speed or security.
Kairos is pioneering a socially responsible approach to facial recognition, driven by the application of the latest in Artificial Intelligence and Deep Learning techniques. Delivered to software developers via an easy-to-code API, Kairos' face recognition features can be integrated with virtually any camera-enabled product to provide state-of-the-art identity verification across industries and use cases.
Kairos Product Manager, Joe Whyte, commented, "In today's rapidly evolving digital economy, from banking and fintech to healthcare and retail; fast, secure identity verification has become an essential need for businesses faced with increasingly sophisticated methods of fraud and dynamic regulatory requirements."
About Kairos
Kairos is a leading facial recognition AI company with an ethical approach to identity, that reflects our globally diverse communities. Through computer vision and deep learning, Kairos can recognize faces in videos, photos, and the real world — Kairos' innovative API platform simplifies how developers and businesses integrate human identity into their software. Founded in 2012 and headquartered in Miami with offices in Singapore, Kairos is a venture-backed organization with customers all over the world.
SOURCE Kairos
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