AI-based KYC reports created using facial recognition – how does it work?

AI-based KYC reports created using facial recognition are a unique and complex product offered by Pixalytica. Let’s go step by step to see how each technology works together within a single product that can help you with identity verification.

What is facial recognition?

Facial recognition is a technology that checks a person by analyzing their facial features. It captures key patterns, such as the distance between the eyes or the shape of the jawline, and compares them with stored data to find exact face matches.

Pixalytica uses facial recognition for report creation. So basically, all you need to start a verification is a clear image of the person (and their name and surname). The system will then analyze the face patterns, compare them with the index, and present only the best possible matches.

Within a Pixalytica report, you will receive:

• A list of images with the person included
• Any images showing associations the person has been seen with
• URLs of sources where the images were originally found

Thanks to the implementation of facial recognition, you will be able to receive full information about the person you aim to verify.

But that is not all!

What are KYC reports?

KYC (Know Your Customer) is a regulatory solution for certain industries designed to help businesses avoid potential risks or damage. In such cases, companies need to provide a verification solution that complies with KYC requirements.

A KYC report includes a person’s background activities, identity verification, criminal records, PEP and sanction status, employment and education records, and other relevant information to assess their credibility.

Pixalytica creates AI-based KYC reports, which offer an even more advanced solution, not to mention the facial recognition component. Within the face search results, you also receive:

• Profile summary
• PEP status
• Criminal record mentions
• Sanction status
• Any fraud activity
• Background check

What is Pixalytica?

Pixalytica is an all in one solution for those who want to find an effective and advanced solution for identity verification. As you can see it combines facial recognition, AI and KYC regulations all together.

And in less than 20 seconds you receive a full report about a specific person that needs to be verified.

Here you will find more information: What Is Pixalytica? | A Guide To Facial-Based Identity Reports

How does Pixalytica work?

As explained above, Pixalytica uses advanced facial recognition to provide accurate facial search results. By implementing AI, it helps gather all available information about a specific person, including mentions in blogs, media, and other sources.

The next step is KYC implementation, which checks, among other things, a person’s PEP status, presence in sanction or criminal records, and any potential fraud activity.

In less than 20 seconds, you will receive a complete report containing all available information to help you determine whether the person is legitimate and whether the information they provided is accurate and truthful.