Veridocs.com – Identification Verification: How it works?

 Identity verification is an essential requirement in most processes and procedures, both online and offline, in all kinds of situations, from opening a bank account to completing tax procedures electronically.  The service may verify the authenticity of physical identity documents such as a drivers license, passport, or a nationally issued identity document through documentary verification. Though identity verification is an important security measure in combating frauds. Verifiedocs.com uses artificial intelligence, machine learning and biometrics to automate the verification process and help companies improve conversion rates. 



Digital Identity Verification

Digital identity verification methods such as biometric verification face recognition and digital ID document verification can help companies, governments, and financial institutions verify the identity of a person online.  Digital identity verification is a key step during the account opening and customer on boarding process. Digital identity verification can also be used to speed up ID verification, such as the use of e-gates to scan passports at airports. By verifying the identity of an applicant, financial institutions can run checks to ensure that the applicant is not a fraudster, criminal, bad actor, or attempting a scam.

Generally this process is necessary and provides complete security in the following cases and situations:

• Banking and finance

• Apps and platforms

• Government and administration

• Telecommunications and insurance industries

Digital identity verification brings the identity verification concept to today’s remote world. With data breaches, account takeover attacks, and identity theft 


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