The NIST IAL3 standard strengthens measures against fraud by officially acknowledging remote identity proofing methods as pathways towards attaining higher IAL levels, mandating multifactor authentication mechanisms that are resistant to phishing attacks, and more.

Trustswiftly helps businesses comply with IAL3 standards through its secure remote identity verification platform, which offers businesses an efficient means of dealing with advanced fraud attacks head on. Trustswiftly's security features include facial recognition with liveness detection; document validation through cross-referencing official databases and utility bills; watchlist screening; as well as numerous other steps that offer businesses additional verification measures.

Meet NIST IAL3 Verification Requirements

IAL3 Identity Proofing offers the highest degree of trust when matching claimed identity attributes with authenticators credentials. This method requires document validation, biometric comparison and direct oversight to verify whether an individual claiming to be authorized person actually is and prevent fraud gaining access to sensitive data or accounts without permission.

Traditional IAL3 verification involves in-person visits by credential service provider (CSP) representatives; this process can be costly, slow and inconvenient for remote employees. Trust Swiftly's hardware-based, remote IAL3 solution meets NIST standards while saving businesses money while satisfying auditors.

Our NIST IAL3 verification kit includes an eID device equipped with high-resolution camera and approved fingerprint scanner, returned complete with label, as well as a comprehensive report that can be used to demonstrate compliance to your team or 3PAO auditor. This saves costly in-person sessions while decreasing risks from phishing attacks or any other sources against your system.

Reduce Costs

Trust Swiftly can offer businesses a cost-cutting and convenient IAL3 verification solution that reduces expenses while creating an enjoyable user experience.

Contrary to lower levels of assurance, IAL3 requires that an experienced CSP representative (proofing agent) interacts with applicants during an on-site attended identity proofing session and collects at least one biometric characteristic - in order to prevent more sophisticated attacks such as evidence falsification, theft or repudiation.

Our IAL3 compliant solution employs facial recognition and document authentication technology to verify government-issued documents; watchlist screening to detect individuals or entities suspected of terrorist activities, money laundering or fraud; address validation by cross-referencing official databases and utility bills to make sure submitted addresses match real world records; as well as out-of-cycle fraud detection checks designed to reduce spoofing attacks and other forms of identity fraud.

After each IAL3 session, we immediately secure binding an authenticator to a verified person, to prevent stand-in fraud where someone else gains entry using your credentials. This serves as a key safeguard against sophisticated infiltration attempts that could compromise sensitive data and privileged accounts.

Meet 3PAO Audit Requirements

Individuals looking to interact with businesses operating within regulated industries typically require identity proofing with some level of assurance. This process may occur remotely or onsite and includes multiple policy and documentation audits as well as fraud checks.

NIST IAL3 requires more stringent verification methods than its predecessor IAL2. The latest version recognizes remote identity proofing and authentication processes as paths towards certification; deprecates email OTP authentication, downgrades SMS authentication significantly and mandates multifactor authentication techniques resistant to phishing attacks.

Trust Swiftly's hardware-based solution addresses these risks by performing facial recognition with liveness detection, document verification to validate government issued documents, watchlist screening to detect suspected terrorist or money laundering connections and address verification by cross-referencing official databases and utility bills, ensuring submitted addresses match real world records.

Meet KYC/AML Requirements

Anti-Money Laundering (AML) and Know Your Customer (KYC) processes are vital to combatting fraud, money laundering and terrorist financing. AML/KYC processes require customer identification verification, risk evaluation, transaction monitoring and suspicious activity monitoring as well as flagging capabilities to detect suspicious transactions or criminal acts.

An effective solution for supporting KYC requirements is an online ID verification solution with facial recognition and biometric technology, like that provided by iProov's face verification technology. iProov offers secure, convenient, and inclusive methods of conducting remote ID verification remotely.

Utilizing a reliable, supervised remote identification verification process enables you to meet all NIST 800-63A IAL3 compliance requirements and more. It combines advanced security with flexible deployment options like self-service kiosks; provides phishing-resistant methods against attacks; auditable reports to share with 3PAO auditors; even offers watchlist screening to identify suspicious individuals or entities associated with terrorism, money laundering and fraud - helping reduce risk while increasing efficiency and cutting costs while expediting risk tier controls and saving time!