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Product Management Analytics Question: Evaluating facial recognition technology metrics for identity verification

Asked at Onfido

12 mins

what metrics would you use to evaluate onfido's facial recognition technology?

Product Success Metrics Medium Member-only
Metric Definition AI Evaluation Data Analysis Fintech Cybersecurity Identity Verification
Product Analytics Fintech AI Metrics Identity Verification Facial Recognition

Introduction

Evaluating Onfido's facial recognition technology requires a comprehensive approach to product success metrics. To address this challenge effectively, I'll follow a structured framework that covers core metrics, supporting indicators, and risk factors while considering all key stakeholders. This approach will help us assess the technology's performance, user experience, and business impact.

Framework Overview

I'll follow a simple success metrics framework covering product context, success metrics hierarchy.

Step 1

Product Context

Onfido's facial recognition technology is a critical component of their identity verification platform. It uses artificial intelligence to compare a user's selfie with their official ID document, ensuring the person presenting the ID is its rightful owner. This technology is crucial for businesses in sectors like financial services, online gaming, and sharing economy platforms that need to verify user identities remotely.

Key stakeholders include:

  1. End-users: Seeking a quick, seamless verification process
  2. Business clients: Requiring accurate, fraud-resistant identity verification
  3. Onfido: Aiming to provide a reliable, scalable solution
  4. Regulators: Ensuring compliance with data protection and anti-fraud regulations

User flow:

  1. User uploads a photo of their ID document
  2. User takes a selfie or short video
  3. Onfido's AI compares the selfie to the ID photo
  4. Results are returned to the business client

Onfido's technology fits into the broader strategy of providing robust, AI-powered identity verification solutions. Compared to competitors like Jumio or Veriff, Onfido emphasizes its advanced AI capabilities and global coverage.

Product Lifecycle Stage: Growth - The facial recognition technology is established but continually evolving with AI advancements and expanding use cases.

Software-specific context:

  • Platform: Cloud-based, with APIs for integration
  • Integration points: Client applications, fraud databases, document verification systems
  • Deployment model: SaaS, with on-premise options for some enterprise clients

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