Description du projet
Faciliter la vérification des clients lors des transactions en ligne
La fraude en ligne et la cybercriminalité deviennent de plus en plus préoccupantes dans la mesure ou un nombre croissant de nos activités et de nos transactions se font en ligne. Faire passer n’importe quelle activité économique vers le monde numérique s’apparente toutefois à une voie à sens unique, surtout dans notre réalité post-pandémique. Pour se protéger contre l’utilisation d’identifiants piratés, les entreprises en ligne utilisent des programmes de routine globaux connus sous le nom de contrôles «connaissance de la clientèle» (KYC pour Know Your Client). Dans le but d’améliorer les processus lents, manuels et coûteux des contrôles KYC, le projet BlockchainKYC, financé par l’UE, entend introduire un service de preuve d’identité totalement automatisé, s’appuyant sur la chaîne de blocs et incluant une authentification biométrique de l’utilisateur. Cet outil innovant sera idéal pour les services en ligne qui ont besoin d’un identifiant de confiance pour l’inscription des utilisateurs ou pour valider les transactions à haut risque.
Objectif
Online identity theft / fraud due to database breaches, phishing or malware is a global issue with huge costs. In the first half of 2017, 1.9 billion records were stolen worldwide – up 164% compared to the last six months of 2016 – costing on average €3.1 million per breach. After these hacks, fraudsters use the stolen data to impersonate their victims online in a few hours.
Online businesses try to shield themselves from the use of stolen or fraudulent IDs by requesting documents to their customers to assert if ‘they are who they say they are’. These global routines are known as ‘Know Your Customer’ (KYC) checks and they aim to ensure that businesses enroll and transact only with legitimate customers. The major downsides of KYC are the slow, manual and costly processes (up to 100€ per check) that delay enrolment for up to 12 days, and the ‘hoarding’ of ID proofs in company’s servers, degrading personal data protection in case of a breach. KYC is compulsory for regulated services (e.g. banks) to mitigate fraud, money laundering and financing of terrorism, but non-regulated services, e.g. AirBnB or Uber, also do KYC checks to avoid fraud costs and reputation loss.
To address the problem of unauthorized uses of a legitimate ID (and fraud attempts with non-legitimate IDs) while protecting the personal data of end-users, Authenteq is developing a blockchain-based, 100% automated, identity proofing service – Authenteq ID – with biometric user authentication, ideal for online services that need a trusted ID for user enrolling or to validate high-risk transactions. With the rise of e-commerce and mobile payments (CAGR of 15.9% in the 2016-2021 period), a substantial growth can be expected on the millions of online KYC checks performed annually. To access the multibillion business opportunity of solving KYC checks online, our objective is to establish solid evidence of the economic benefits of Authenteq ID, and risk-free, seamless operation in representative KYC routines.
Champ scientifique
- natural sciencescomputer and information sciencescomputer securityaccess control
- natural sciencescomputer and information sciencescomputer securitymalicious software
- natural sciencescomputer and information sciencescomputer securitydata protection
- social sciencespolitical sciencespolitical transitionsterrorism
- social scienceseconomics and businessbusiness and managementcommercee-commerce
Mots‑clés
Programme(s)
Régime de financement
SME-2 - SME instrument phase 2Coordinateur
105 Reykjavik
Islande
L’entreprise s’est définie comme une PME (petite et moyenne entreprise) au moment de la signature de la convention de subvention.