Solving the Digital Identity Fraud Challenge with FPT eID

As digital transformation becomes an inevitable global trend, digital identity is emerging as the “key success” for accessing online services — from banking, finance, and e-commerce to public administration. However, along with this convenience comes a growing threat of fraud, scams, and identity impersonation.

From forged identity documents to deepfake-based facial forgery, increasingly sophisticated methods are presenting major challenges for enterprises and organizations in securely and accurately verifying user identities. To address this issue, FPT has developed and deployed FPT eID — a comprehensive and modern digital identity platform that is leading the Vietnamese market in anti-fraud authentication.

1. The State of Digital Identity Fraud in Vietnam

Identity fraud is no longer a concern limited to international financial institutions. In Vietnam, cases involving the use of fake chip-based citizen ID cards (CCCD), invalid personal documents for consumer loans, creating fake accounts, and withdrawing funds from e-wallets are on the rise. According to statistics from the Ministry of Public Security, thousands of fraud cases involving forged documents and identities were uncovered in 2024.

This situation compels enterprises — especially in banking, fintech, insurance, and public services — to implement stronger, more accurate, and tamper-resistant identity authentication measures.

2. Why Traditional Authentication Methods Are No Longer Effective

Most current identity verification processes still rely on manual checks of physical documents, combined with photo comparison, signature matching, or answering security questions. These methods are ineffective at detecting:

• Forged or altered chip-based ID cards (CCCD)

• Fake facial images created using printed photos, videos, or deepfake technology

• Impersonators using genuine documents that belong to someone else

Moreover, manual verification procedures often slow down the authentication process, create friction for users, and reduce conversion rates during customer onboarding.

3. FPT eID – A Comprehensive Anti-Fraud Digital Identity Solution

FPT eID is a digital identity authentication platform developed by FPT Corporation, built on three core components:

• eKYC (Electronic Know Your Customer): Identity verification using chip-based ID cards, facial recognition, and OCR (Optical Character Recognition) technology.

• FPT.IDCheck: Vietnam’s pioneering anti-fraud authentication solution, using chip data verification and facial biometrics with 100% accuracy.

• eKYB (Know Your Business): Business entity verification based on data from the National Business Registration Portal and the General Department of Taxation, supporting B2B onboarding.

With its flexible integration and scalability, FPT eID is becoming the preferred choice for major enterprises across Vietnam.

4. FPT.IDCheck – The Identity Fraud Shield

Market-Leading Technology

FPT.IDCheck operates on a foundation of chip data analysis from citizen ID cards (CCCD), combined with AI-powered facial recognition. It offers key capabilities such as:

• Verifying chip data on CCCD against the user's actual biometric information

• Real-time facial matching with the photo stored on the ID chip

• Detecting fraudulent images, deepfakes, printed photos, or video impersonations

One of its standout features is a verification speed of under 0.1 seconds and the ability to identify a face within a database of 10 million entries in less than 1 second — demonstrating superior performance and precision.

Real-World Applications

As of May 2025, FPT.IDCheck has:

• Completed over 2 million chip-based ID verifications every month

• Processed more than 15 million facial recognition matches

• Been adopted by over 40 credit institutions across Vietnam

These figures are more than just numbers — they represent real-world effectiveness and the reliability of the product.

5. Practical Benefits for Enterprises

Reduced Risk and Operating Costs

• Prevent identity fraud right from the registration step

• Lower rates of fraudulent transactions and fictitious loan applications

• Optimize operational resources and reduce dependency on manual processes

Enhanced User Experience

• Authentication in just a few seconds

• No need to submit physical documents

• User-friendly interface with easy integration across apps, websites, and kiosks

Regulatory Compliance and Data Security

FPT.IDCheck fully complies with Vietnam’s regulations on electronic identification and data protection, including:

• Decree 59/2022/NĐ-CP on electronic identification and authentication

• Decree 13/2023/NĐ-CP on personal data protection

• Technical standards from the Ministry of Public Security for chip-based ID cards

6. Who Should Adopt Anti-Fraud Authentication Now?

FPT.IDCheck and other solutions within the FPT eID ecosystem are being widely implemented across:

• Banking & Consumer Finance: Account opening, loan approvals

• Fintech & E-wallets: New user verification, fund withdrawals

• Insurance: Online contract authentication

• E-commerce: Fraud prevention for seller identities

• Public Services: Citizen verification for online government service access

7. Conclusion

The digital age demands a redefinition of identity verification — not just to make the process faster and more convenient, but above all, to ensure security. FPT eID and FPT.IDCheck represent a breakthrough in Vietnam’s digital authentication landscape: fast, accurate, fraud-resistant, and fully compliant with legal requirements.

If your organization is facing challenges in customer verification, let FPT eID accompany you on your journey toward secure and efficient digital transformation.