Tips For Implementing Identity Document Verification Technology

 


Identity document verification technology is very crucial for businesses of all sizes, in all industries. This technology is used to establish uniqueness as well as validity of an individual’s identity. It helps businesses to make sure that the identity claimed to be owned by an incoming user or potential client is actually owned by that particular person. Identity document verification can be performed by digital KYC that uses identity documents, biometric information, biographic information, and knowledge of personally relevant information.

Emergence of new technologies like OCR technology, biometric sensors and high-resolution cameras in smartphones has made it possible for businesses to adopt identity verification and digital authentication. Identity proofing is a great tool when it comes to achieving risk-based decision making based on concrete data collected through identity proofing services and solutions.

When you decide to implement identity verification for online chat, it is very important to know the requirements for identity proofing. Depending on the individual or regulatory KYC compliance guidelines, there are a various identifying factors that can be used for identity proofing and authentication. Most KYC solutions require personal details such as a full legal name, social security number/ID card number, current residential address, date of birth as well as personal phone number.

In some cases, even before an identity document verification process starts off, privacy law requires companies as well as governments to collect consent of their users. This consent is important as it allows businesses to collect personal information of their customers only for identity proofing. Several laws have been introduced in various territories that prohibit the use of such collected information anything instead of verification purposes, such as GDPR in EU.

For more information on how to implement identity document verification technology, visit our website at https://authid.ai/

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