Remote identity verification is one of the technologies you should adopt in your business to improve the security of your data and systems. This technology helps to minimize identity theft and fraud by comparing to a person’s recorded unique traits such as voice, fingerprint, image, and more.
There are many places where identity verification for remote onboarding is being used. Examples include financial institution onboarding, conducting financial transactions, remote working, e-learning and online exams, onboarding of new clients in the financial, real estate and telehealth industries, conducting medical appointments, opting out of subscriptions and administrative tasks such as depositing cash at the bank or picking up parcels from the post office. It is also used for onboarding new employees, screening candidates for new roles and training new employees, particularly in the gig economy.
So, how does remote identity verification? This technology takes many forms (fingerprints, voice, image), but it usually involves the user producing a sample of the relevant identity format, which is then matched to the sample held on file or in databases. This form of verification confirms the person’s identity as that of the person they are claiming to be. As a result, fraudulent transactions can be avoided and possible cases of identity theft can be uncovered.
While there are many digital identification platforms that you can use for remote onboarding, it is imperative that you select the right one for your needs. It would be good to look for digital identity platform that enables service providers to enroll, manage, and authenticate the digital identities of customers. A good solution should enable the entire lifecycle of a digital identity from the moment that it is created, to its use by any number of parties for secure and trusted authentication, all while remaining subject to a user’s consent.
For more information on the benefits of remoteidentity verification, visit our website at https://authid.ai/
