OCR Labs scales to Identity Proofing Level 3

Wednesday 9 March 2022 10:58 CET | News

OCR Labs has scaled to Identity Proofing Level 3 (IP3) or Strong level, the highest accreditation level applicable to OCR Labs without requiring in-person checks.

IP3 is used for higher risk transactions that require a user to prove they are who they say they are, through remote face verification.

This level of accreditation equals the current standard reached by the Australian Government’s identity provider myGovID and makes OCR Labs the only private entity to be accredited at IP3.

The TDIF is the Australian Government's accreditation framework for Digital Identity services. It sets the standards, rules and guidelines for digital identity providers based on international best practice and industry standards.

The move from IP2 to IP3 includes OCR Labs ongoing independent testing for its Near Field Communication (NFC) capabilities plus additional checks to ensure the individual being verified is active in society, a so-called ‘death check’. 

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: digital identity, identity verification, regulation, NFC, fraud prevention
Categories: Fraud & Financial Crime
Companies: OCR Labs
Countries: Australia
This article is part of category

Fraud & Financial Crime

OCR Labs

Discover all the Company news on OCR Labs and other articles related to OCR Labs in The Paypers News, Reports, and insights on the payments and fintech industry: