Importance of Stepping-Up To Automated Document Verification Services
Most businesses still rely on traditional methods of document verification rather than relying on IP devices, phone numbers, or credit database look-up. But fraudsters can easily bypass through manual document verification techniques. Therefore, businesses tend to see their customers with a suspicion that inevitably takes their focus away from enhancing the user experience.
By enabling a document attestation solution, the system helps to authenticate users by scanning and verifying the customer's photo ID. An intelligent technology integrated with an automated document verification system helps with detecting and preventing fraudulent attempts. Moreover, the intelligent identity document check helps to detect types of document frauds like forged documents, counterfeit documents, imposter documents, etc.
However, combining the document verification method with biometric authentication can provide organizations with an additional security layer. These extra security measures help with vetting bad apples out of the system.
Organizations must authenticate the identity of users to provide secure transactions. By integrating this step into the digital acquisition workflow, the process can turn out to be quite complex and time-consuming. Therefore, it's important to incorporate an automated document verification solution to increase productivity and enable a seamless customer experience.
Document Check During Automated Processing
Document attestation services help with real-time analysis by classifying the documents due to their format. Then the solution scans and extracts all relevant information contained within the document. The system automatically installs various security features to detect any inconsistencies. The document verification service API provides a detailed analysis report to prove validation of the document within a few seconds.
Document verification solution check allows verification of different document types that are cross-referenced to ensure overall consistency. It not only helps organizations to confirm the user's identity but also make adjustments to meet specific business needs.
Combined with cutting-edge OCR technology, the system automatically detects any attempts of document forgery or alterations.
Document Verification Coupled With Facial Recognition Technology
The document verification service coupled with facial recognition technology helps to ensure that the document is genuine. It helps with an additional security check that significantly reduces the chances of fraudulent attempts. Moreover, it ensures eliminating errors and increases the document processing speed. Further, the businesses can also lower the operational cost and provide an uninterrupted customer experience.
Perform Age Verification Checks With Document Verification Service
Organizations can ensure minor's online safety by enabling age verification checks through an identity document verification service. It would help companies to keep up with stringent security measures for identifying and eliminating fraudulent threats. These age verification checks are not only important to verify the user's age but also helps to meet KYC and AML regulations. For this reason, industries have incorporated document verification services to prevent sales of age-restricted products to minors.
Document verification scanner helps with validating the user’s following information.
● Name
● Date of Birth
● Issuance and Expiration Date
● Document Number
● MRZ Code
● Nationality
The solution performs various document checks.
● Type of Document Format
● Validating the Authenticity of MRZ Code
● Detecting Documents Folded Edges
● Detecting Photoshop or Tampering
● Identifying the Blurriness
Advantages of Incorporating Document Attestation System
Complete Document Verification
Through an automated document verification service coupled with human oversight, systems conduct end-to-end validation of the document.
Lowering The Fraud Risks
Human oversight coupled with artificial intelligence has proven to significantly lower the risk of fraudulent attempts.
Seamless Customer Journey
Through an ongoing service, customers can benefit from real-time verification of the documents.
Limit In-Person Verification
By incorporating automated document authentication solutions, industries can limit people’s visits for a manual check.
Automatically Stores Information in Database
The system automatically finds the relevant information and matches it with a valid ID document coupled with face verification. The system automatically conducts a match with the stored information.
Various Document Checks
With different document checks, the customer’s personal information is validated through comprehensive checks.
Keeping Frauds at Bay
Document verification service automatically detects and prevents fraudsters from submitting fake government-issued documents.
Deliver Accurate Results
With cutting-edge technology, the information from an image is automatically extracted to ensure both quality and accuracy.
Remote Verification
The solution allows customers to conduct their verification process from anywhere in the world by submitting their documents and following a step-by-step process.
Complying With Regulations
Industries can keep up with KYC and AML compliance and avoid hefty fines or penalties.
Along with document verification, companies can also conduct address validation to perform a fast and easy verification process. The identity verification of documents ranging from utility bills to credit cards or bank statements are all captured by the smartphone. With a swift document verification service companies can establish trust with their customers by onboarding honest users.