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IDEMIA & Kudelski: Fraud prevention in auto retail

25 Nov 2024

IDEMIA & Kudelski: Fraud prevention in auto retail
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IDEMIA Public Security North America, a pioneering provider of secure and trusted biometric-based solutions, has announced a partnership with Kudelski IoT, a division of the Kudelski Group and a global pioneer in digital security.

This collaboration aims to enhance fraud prevention and regulatory compliance in the automotive retail industry by leveraging IDEMIA’s Identity and Verification (ID&V) technology.

IDEMIA’s ID&V solution

Kudelski IoT will deploy IDEMIA’s ID&V solution for document authentication and biometric matching

Through this partnership, Kudelski IoT will deploy IDEMIA’s ID&V solution for document authentication and biometric matching across its large base of U.S. automotive dealership customers. The solution will be used to validate driver’s licences and verify customer identities during critical processes such as test drives, financing applications, and vehicle purchases.

This initiative is designed to reduce the growing threat of identity scams and fraud in vehicle transactions, with a projected annual volume of more than 200,000 identity verifications.

Advanced identity verification solutions

"We’re excited to partner with IDEMIA to bring advanced identity verification solutions to the automotive market to complement our RecovR lot management and theft recovery solution. By integrating IDEMIA’s biometric and document authentication technology into our offering, we can provide our more than 1,000 customers with enhanced security and fraud prevention tools that meet the specific needs of vehicle transactions."

"This collaboration strengthens Kudelski IoT’s commitment to delivering cutting-edge, asset management and protection solutions to the industry," said Patrick Hauert, SVP of Kudelski IoT’s Asset Tracking product unit.

Advanced document authentication

IDEMIA’s ID&V key is planned to ensure people are who they claim to be, utilising copy authentication

IDEMIA’s ID&V solution is designed to ensure that individuals are who they claim to be, utilising advanced document authentication with features such as digital tampering detection, document identification, and font anomaly analysis. 

The solution complies with the highest security standards, having been approved by the Kantara Initiative for compliance with NIST SP 800-63 rev. 3 Component Service at Identity Assurance Level 2 (IAL2).

Automotive retail sector

"We are proud to work with Kudelski IoT to bring secure, trusted identity verification to the automotive retail sector. Our ID&V technology will provide Kudelski IoT with the ability to protect their customers from fraud, ensuring that every transaction is as secure as possible."

"We are eager to see the positive impact this solution will have on the industry," said Donnie Scott, CEO of IDEMIA Public Security North America.

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Fraud prevention in automotive retail with IDEMIA & Kudelski's advanced identity verification. Enhance security and compliance. Protect transactions with biometric and document authentication solutions.

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