What is RiskScore?
The RiskScore delivers an actionable, numerical value on a scale of 0-100 representing the overall risk associated with an identity verification session. During the IDV process, Veriff analyzes the end user’s document, face biometrics, device, and network along with previous fraud patterns to deliver industry-leading fraud assessment and protection. It is calculated based on various signals generated throughout the end user's IDV journey and further tuned by Veriff's data science team using advanced machine-learning models.
RiskScore, along with additional risk intelligence, can be ingested into an organization's own risk management system for further investigation and decision-making.
Why is it useful?
The RiskScore gives you a single, meaningful value that represents the risk associated with a session, enabling you to make fast and efficient assessments, implement new strategies, and fine-tune existing fraud rules to defend against evolving threats.
RiskScore also delivers some Insights that explain the key reason behind the risk score.
RiskScore Insights (Risk Label) | Description |
Person in document photo might not be present during verification | The person in the selfie is not present or does not match the document photo |
Physical document might not be present | The provided document image is potentially not an image of an actual physical document |
Velocity/abuse duplication risk | Increased risk of velocity abuse due to multiple verification attempts |
Above average fraud rate for this document specimen | Above average fraud rate for this document specimen |
One or more document dates show risk pattern for this document specimen | One or more dates on the presented document indicate risks associated with this document specimen |
Selfie image has insufficient quality | Selfie image is of insufficient quality |
Extracted Document Data Anomaly | Anomalies in extracted document data indicate fraud risk |
Unusual time to complete one or more verification flow steps | Unusual amount of time to complete one or more verification flow steps |
IP and/or document country data points show risk pattern | IP address and document country data points indicate higher risk |
Device and/or IP data points show risk pattern | Device and/or IP address data points indicate higher risk |