Facephi Leverages AI to Combat Scams
Facephi, a specialist in digital identity verification, publishes an expert contribution on fraud defenses during the Fraud Prevention Month 2026 in Canada.
Digital Identity Fraud Challenges
During the Fraud Prevention Month 2026, Facephi, a member of the Digital ID & Authentication Council of Canada (DIACC), addresses the challenges of digital identity fraud. According to the Canadian Anti-Fraud Centre (CAFC), Canadians reported losses exceeding 704 million dollars related to fraud in 2025, a figure that represents only 5 to 10 percent of actual incidents. Since 2022, reported losses have surpassed 2.4 billion dollars. Identity fraud remains the most reported type of fraud, with 8,403 cases recorded last year.
Three-Tiered AI-Based Approach to Identity Security
Facephi offers a three-tiered approach based on AI for identity security: passive liveness detection with iBeta-certified facial biometrics distinguishes in milliseconds whether an image is real or AI-generated; analysis of over 3,000 digital signals, including typing speed, clicks, and behaviors, to build a unique 'cyber DNA' profile that detects impersonation attempts; detection of money mule accounts before any suspicious activity. Facephi's solutions are developed in accordance with the Pan-Canadian Trust Framework, the Personal Information Protection and Electronic Documents Act (PIPEDA), and FINTRAC requirements. The company holds ISO 27001 and SOC 2 Type 2 certifications.
