The Benefits Of Customer Identity Verification

 

If you are not yet using customer identity verification systems in your business, it is something that you should definitely consider.  Running water-tight identity verification for new customers is now a pretty straightforward process because of the slew of new tools and technologies, and it can benefit you in the following ways.

First of all, customer identity verification systems can help you maintain or improve your reputation. There is a pretty good reason why Airbnb has shot to stardom: it makes everyone that is involved accountable. Both the traveler and the host need to verify their identity and maintain decent reviews, something that helps built a sense of trust from all sides.

Whether you have a small business or a large corporation, reputation is incredibly important. In this day and age where there is so much consumer choice, people can easily hop from one brand to another if they do not get exactly what they want.

Apart from reputation, trust is very important these days than ever before because consumers are actively seeking out businesses that they can rely on. With so data breaches being reported nowadays, consumers want to be sure that their information is safe. Running identity verification checks shows the consumers that you are serious about building trust in what is continuously becoming an unsafe online world.

Trust is the foundation of any relationship, especially in this digital landscape that is intrinsically fickle. If consumers feel like they are not getting their needs met or are not satisfied with the services you are providing, they will not hesitate to move on to the next business. Failure to identify this need for trust between consumers and brands can negatively affect the reputation and revenue of your business.

For more information on the benefits of customer identity verification, visit our website at https://www.ipsidy.com/

Comments

Post a Comment

Popular posts from this blog

The Benefits of Remote Identity Verification

Image
  You are probably wondering if remote identity verification is the right choice for your business if you are interested in implementing this technology. As sensitive personal transactions move closer to online, remote identity verification becomes more important than ever. In highly regulated industries, like banking, the necessity for remote ID verification is becoming more common due to regulatory compliance with international regulations such as Know Your Customer (KYC). There are many reasons to verify identity, which includes both employee and customer onboarding that call for companies to gather, verify and store personal IDs. Companies have been using identity verification for remote onboarding for years and many industries now use it extensively. This is done so as to establish trustworthiness and to track employee attendance. It is also used in areas like healthcare and government to make sure that the people who hold various key roles within the organization are not enga
Read more

A Look At The Benefits Of Implementing Identity Verification Technology In Your Business

Image
  Implementing identity verification technology in your company is something that you should definitely consider if you have not already done so. This kind of forward-thinking technology has become very crucial for companies that need to run identity verification checks.   It includes things such as face-matching using selfies, liveliness detection, data extraction from documents, auto-checking watch lists as well as automatic scanning for fraudulent documents. Identity verification can help you verify a customer’s identity quickly, something that will in turn help you to cement that all-important trust among your consumers.   Most companies these days use verifiers that take care of the identity verification process through customer documents, checking the KYC watch lists and face-matching selfies. Implementing a third-party verifier can speed up the process because it will keep customer checks on file and enable you to continue to onboard your customers without the need for spendi
Read more

The Benefits Of Digital Identity As A Service Technology

Image
  You may be asking yourself right now, “ what is identity as a service ?”, if you would like to implement this technology in your business. IDaasS is an application delivery model (like software-as-a-service, or SaaS) that makes it possible for users to connect to and use identity management services from the cloud. Many IDaaS systems leverage the power of cloud computing and adaptive authentication in an effort to improve or speed up these business processes. This level of identity and access management computing uses online computer power, database storage, and other IT resources. With identity management, the right people in an organization have the right access to the right resources. Using digital identity as a service technology to properly identify, authenticate, and authorize employees within an organization, these systems use access rights for preventing unauthorized users from gaining access to confidential files or documents. With cybersecurity threats on the rise, ident
Read more