TURNKEY BIOMETRIC AUTHENTICATION AS A SERVICE

With IWS' pay-as-you-go, scale-as-you-need SaaS offering, customers enjoy quick deployment and faster ROI with no upfront infrastructure setup or on-going IT maintenance costs. Customers can also choose the biometric modality to deploy (face, voice, fingerprint) and the algorithm partner.

The benefits of SaaS and cloud services are well understood, but when applied to an ultra-scalable, multi-modal biometric user identity and transaction authentication solution, the benefits are even more valuable.

• Lower Initial Costs
  
  In the past, organizations that wanted to enjoy the benefits of a highly secure biometric solution were challenged with the large initial cost of purchasing specialized biometric devices and licensing expensive biometric software. With GoVerifyID, your users can leverage the mobile devices that they already have. With GoVerifyID's pay-as-you go SaaS licensing model, you pay monthly based on your organization's use. Upfront costs are virtually eliminated.
• No Infrastructure Setup or IT Maintenance Costs
  
  With traditional on-premise biometric identity authentication solutions, IT organizations are responsible for architecting the complete solution, including server and network infrastructure, and determining the necessary biometric devices and algorithms to be used. IT would also have to consider budget analysis, procurement, installation and, in many cases, integration/customization of the software. After the system is finally live, the IT organization would need to manage, closely monitor, and perform on-going maintenance of the solution.
  
  GoVerifyID eliminates all the time-consuming and costly IT responsibilities; thereby, eliminating both the upfront and on-going IT costs. This also transfers responsibilities and risks from your IT organization to the GoVerifyID SaaS solution.
• High Adoption
  
  Some end-users have reluctance to submit their biometric information using specialized biometric devices, but since GoVerifyID leverages the user's own mobile device, the user acceptance and adoption is very high. Taking a selfie, speaking into your device, and swiping your finger are highly accepted and common-place. Since these actions are easier than typing in a password, user adoption is very high.
• Painless Upgrades
  
  With traditional systems, upgrades entail replacing hardware, re-installing software, and perhaps even updating customized software. With GoVerifyID, end-users can upgrade their mobile devices whenever they want and continue to use the same solution without even the need to re-enroll their biometrics. ImageWare maintains the SaaS solution in the cloud using Amazon Web Services (AWS), all updates, upgrades, and enhancements are automatic and easy.
• Pay-As-You-Go; Scale-As-You-Need
  
  Traditional systems require significant up-front costs irrespective of how much the solution is utilized. When an organization needs to expand their usage, additional upfront costs are incurred prior to an expansion. Further, if an organization needs to reduce their usage, they must still maintain the full cost for the entire solution.
  
  GoVerifyID eliminates these issues. Upfront costs are minimized and capital costs are converted into flexible monthly operational expenses. Also, you can scale any time, as-you-need and only pay for your current usage.
• Quick to Deploy, Quick Time to Value, Faster ROI
  
  Historically, deployment of biometric solutions was measured in months, or even years. The break-even point was measured in years, and the ROI was initially negative. Time to value was over-the-horizon.
  
  With our GoVerifyID SaaS, your system can be ready in minutes. You can be gaining benefits quickly with zero or minimal integration. The ROI is immediate with a break-even point in the first month.

Innovate to Transform your Business

The use of biometrics rather than passwords to authenticate users is itself transformative to your business. Mitigating the risk of data breaches based on compromised passwords, can save your business from potential devastating brand erosion and lost market share. Replacing passwords with biometrics relieves your IT organization from password management and many security concerns, freeing IT resources to contribute more positively to your business.

The ease of use of biometric authentication for your workforce eliminates password frustration and streamlines login efforts; thereby, increasing the productivity and morale of your staff. Operational expenses can be reduced by the minimization of password resets; allowing staff and budgets to be applied to more financially beneficial projects.

Even more importantly, new innovative uses of biometric authentication can be disruptive to your industry, providing you with an opportunity to develop a significant competitive advantage in your markets. A fun, easy-to-use authentication solution via a selfie, finger swipe, and voice phrase can attract and retain customers. In contrast, frustrating password policies especially on mobile devices not only reduce usage by customers, but can actually drive them away.

Because taking a selfie or swiping your finger to log in or to authorize a transaction is much easier than using a password, these innovative approaches will have a much lower abandonment rate than having to painstakingly enter passwords, PINs, or other codes. This applies to nearly all types of banking, retailing, financial, insurance, payment systems, healthcare systems, entertainment systems, and even gaming apps.

For apps that are used infrequently, like your annual tax return, property taxes, healthcare benefit sites, and the like, remembering your password can be difficult; so many record or recycle passwords. Biometrics alleviate the need to remember or record passwords.

By multiple users sharing passwords, some online services are inappropriately accessed. Subscription services for music, movies, news, and online games lose significant revenue due to these kinds of activities. Since your biometrics cannot be shared, using a selfie or passphrase eliminates this revenue loss while also providing a modern, simple, and fun experience.

Summary

ImageWare System's CEO Jim Miller says it best, "In addition to using biometric authentication within your organization to save costs, reduce the risk of data breaches and improve staff productivity. We encourage you to proactively implement innovative solutions for your customers before your competitors do. The early movers gain and retain the majority of the market share with new disruptive technologies and biometrics is the greatest disruptive technology on the scene today!"