Online business is the modern-day norm but with its rise there are also increasing cases of fraudulent activity. Screening your remote customers is a must but you don’t want to overdo it, as too many checks can scare some off.
Today we’ll discuss 5 reasons to check the identity of remote customers and what you can do to minimize the risks with ID Analyzer. Welcome to the next level of security!
ID’s can be convincingly faked
With Photoshop and other professional-grade tools, faking identification is not only easy but can be done by a clever forger in minutes! ID Analyzer can minimize the risk by comparing any submitted ID to a database of 120,000 known fakes that are currently in circulation worldwide. It is a list that is updated daily and can help to stop fraud in its tracks at the registration level.
Biometrics can dramatically lower your chances of fraud
Biometrics lets you incorporate facial recognition into your registration or purchase confirmation process. Match the face to the id and you’ve already dramatically reduced your chances of fraud and our ‘Liveness check’ layer incorporates real-time movement analysis based on deep learning algorithms. In short, you can’t fake the face with pictures so it does its job nicely.
More documents increases your chance of conducting safe, legitimate business
ID Analyzer has OCR reading capabilities, which means it can read information from submitted documents and can even ‘zero-in’ on suspicious or blurred portions which might indicate that a fraud is being perpetuated.
You might not be used to foreign identification
With online business a large part of your client base may not even be local. If you aren’t used to verifying foreign ID’s then ID Analyzer can do it for you. Passports, Driver’s licenses, and many other forms of ID from 190+ countries can be analyzed by ID Analyzer so that you have a much higher likelihood that your new business registrations or transactions are valid ones.
A through security check makes your customers feel safer
ID Analyzer lets you easily create your own security process so that it is customized to your needs and adds a feeling of safety and legitimacy to transactions performed by new and existing clients. This way you can get the security that you need without relying on a ‘bulk package’ that might be too intrusive or simply not thorough enough for the security requirements of the information age.
Check out ID Analyzer for yourself
There are a number of use cases where ID Analyzer can help with your business so we recommend that you visit us at ID Verification API so that you can see for yourself. Here you will find a list of solutions as well as demos so that you can see the product in action.
Make your business a secure place for both you and your customers – it just makes good sense for everybody!