The Benefits of Identity Verification for Remote Onboarding

 


With identity verification for remote onboarding gaining popularity these days, you may be wondering if it is something that you can benefit from in your business too. Identity verification is fundamental to how enterprises interact with their customers. Not only does it build mutual trust between both parties, it also allows them to perform transactions both online and in-person.

With the global digital transformation, a lot of interactions that enterprises have with their customers are shifting online, where identity verification needs to be done remotely. Now mobile operators, banks, and other enterprises need to enroll and authenticate their customers without ever meeting them face-to-face, and this must be done in a manner that is secure, convenient, and complies with regulations.

The need to securely onboard and verify the identity of a customer remotely is becoming critical for enterprises. In this day and age, customers expect access to services anytime and anywhere, hence the exponential success of digital and mobile services.

In the meantime, identity theft and fraud risks are on the rise than ever before. The need to securely onboard and verify the identity of a customer remotely is therefore becoming critical for companies. Enterprises that have already implemented digital onboarding and remote identity verification solutions are benefitting in various ways.

For instance, signing up for an account with insurance companies nowadays takes 30 seconds instead of 4 days waiting for a letter with access codes by mail. Accessing credit registration online takes just a few minutes, where previously, you would be forced to wait days for delivery by mail after identification at the post office or bank. Healthcare providers can go through an online registration win as little as 10 minutes where previously it could take up to 28 days.

For more information on the benefits of identity verification for remote onboarding, visit our website at https://authid.ai/

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