ID Protection

AI document protection

Using Anti-counterfeit AI To Prevent Document Falsification

October 6, 2021

As the field of Artificial Intelligence (AI) advances, we are beginning to see it being used in diverse fields of application, and one of such is the document verification industry. This is especially important given the rise in falsified documents and digital manipulation of images across the globe. According to a 2020 Javelin report, US businesses suffered losses amounting to about $17 billion because of document falsifications. Document falsification can occur at various levels; Take for instance, a criminal disguising as a bank employee can aid money laundering and terrorist exercises by falsifying and manipulating a few bank documents.