Wednesday, 26 September, 2018

Facebook buys Confirm that specalizes in authentication of government IDs

ID authentication feature ID authentication feature
Nellie Chapman | 25 January, 2018, 10:41

Facebook is buying a software company that allows it quickly verify that someone's identification documentation is authentic. The startup used that money to develop advanced forensics that can pull information from an ID card and combine it with facial recognition and other biometrics to confirm a person's identity.

Facebook didn't disclose terms of the acquisition of Confirm.io, a three-year-old company based in Boston.

As per the report shared by Reuters, Confirm Inc employees will continue their operations from Facebook Boston office. "Now, we're ready to take the next step on our journey with Facebook", it added.

Facebook said in a statement Confirm's "technology and expertise will support our ongoing efforts to keep our community safe". The company has confirmed on its website that it agreed to be acquired by Facebook.

So what could it be used for? "However, in the meantime this means all of our current digital ID authentication software offerings will be wound down", Confirm said. We're proud of what we've been able to accomplish together and we look forward to the future at Facebook!

The startup has earlier raised around $4 million, as reported by Crunch Base.

Facebook now uses a procedure through which it asks users to upload a scan of an ID or another government-issued document to prove their identity.

Furthermore, the significance of the startup for Facebook's community can be understood as the widely used social networking site will ask users to send informal identification if they are locked out of their account.

Facebook could possibly utilize the technology to have users confirm their identities if they can't log into their accounts when hacked or forgetting their password. Facebook has as much as 6 million different advertisers, and buying ads on the platform mostly requires a Facebook page and a credit card. The company offered an API to enable third party companies to confirm someone's identity using their government-issued ID, such as a driving licence.