Identity Document Verification: Debunking Top 5 Myths

Read the Solution Sheet: Learn about the top five myths that need to be addressed to help businesses optimize growth, manage risk and maintain compliance.

Trulioo — Solution Sheet

100% True Accept

and 100% True

Reject Rates Are

Possible

Machine learning (ML) revolutionized

the way we combat fraud. With its

ability to detect suspicious activity

faster and more accurately than

traditional manual checks, ML is a

valuable asset in the fight against fraud.

Using document verification ML models, businesses

can train their systems to differentiate between real

and fake identities. Those models are evaluated using

a confusion matrix, which measures the acceptance

and rejection rates of legitimate and fraudulent

documents.

High true accept rates (TAR) and true reject rates

(TRR) are crucial for businesses to successfully

onboard legitimate users and keep fraudsters at

bay. However, businesses should be cautious when

vendors tout a perfect confusion matrix.

In reality, there is always a tradeoff between TAR and

TRR. Setting the model threshold to accept 100% of

legitimate users will inevitably result in more fraudsters

slipping through the cracks. A perfect confusion matrix

could indicate the models were not tested on diverse,

real-world data.

It’s important to remember that ML is probabilistic, not

deterministic. False positives and false negatives are

inevitable, and verification results can be influenced by

factors such as document type and image quality.

As ML evolves and improves, businesses can make

informed decisions about how to optimize their

verification processes and strike the right balance

between accepting legitimate users and keeping

fraudsters out.

03

Myth

Made with Publuu - flipbook maker