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/
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