In many industries, especially ones that require Know Your Customer procedures, electronic verification measures are essential. Document verification software needs to be able to accurately analyze passports, driver licenses, and other forms of identification in order to remain compliant. Here is how electronic document verification works:
Online Verification Methods
Verifying online is not as simple as verifying in person. When someone hands you their identification in person, you're able to look at them and confirm they are who their document says they are. Online, you don't have the same luxury. However, technology has given us the capabilities to do document verification online securely and reliably. Sending a passport or identification document isn't enough, and typically the user will need to send picture proof of themselves as well.
With that being said, the selfie method is no longer a secure method. Instead, customers need to send a live video or use software that analyzes their facial features in order to properly verify their passports electronically. Here's an idea of what that might look like:
As you can see, the process doesn't take too long, but it's important to avoid fraudulent activity.
Using the Best Document Verification Solutions
If you are looking to implement document verification solutions in your business, it's crucial to make sure you're using software that is secure, compliant, and highly accurate. With the right software, you can make your sign-up flow much easier for customers and easier for your team as well. Try using advanced document verification in your business today.
Author Resource:-
Emily Clarke writes about identity verification and business verification service. You can find her thoughts at online id verification blog.