Digital Document Verification – Customer Identification Process

Digital document verification checks that the same individual tries to log in to the account. In this technological era, every task is simplified with online means, but this progress also has some dark side. They have attracted the attention of the scammers, and the hackers are driving new ways to bypass the security. The biometric system can be used to allow only real clients to enter the territory. In this way, they can enhance their surveillance. In 2023,  $8.07 million was lost in the Middle East, and the United States lost $9.48 million due to data breaches.

Digital document verification plays an integral role in the process of identifying clientele across diverse sectors, encompassing banking, financial institutions, e-commerce, and beyond. It serves as the method of choice to scrutinize the genuineness and identity of individuals or entities, meticulously examining and validating digital replicas of their official documentation.

This intricate procedure enables enterprises and establishments to meet stringent regulatory prerequisites while curbing the perils associated with fraudulent undertakings. Here is a comprehensive glimpse into the mechanics of digital document verification.

What is a Document verification Checker?

Document verification is done to check the validity of the user, and this is done to ensure that the client is not involved in fraudulent activities. The organizations must have to verify the data of their users so that they onboard only real clients. If the company has registered any unauthentic customers, then they can cause them loss shortly. Therefore, the clients need to go through the verification steps; hackers can not dodge the advances of the biometric system because they have to bypass multiple steps.

Steps Involved in the Document Verification

The following are the steps done to verify documents:

Submitting Clients Data

The customers take snaps of the papers, scan them, and upload them on the web. The system in the backend receives the information in the form of images. They then convert it into the form of templates that are readable by the system.

Evaluation of Credentials

The system makes sure that the given papers are valid and that they are not fake or photoshopped. For example, if the user has provided the stolen papers, the biometric solution will immediately detect suspicious acts.

Verification

In this step, the system verifies the data by comparing the documents with the information in the database.

Results

If the comparison gives similar results, the customer has submitted the correct information; otherwise, the red flag will be displayed, which means the client is involved in suspicious activities.

Which Papers Are Not Considered Valid During Verification?

The following papers were rejected during the AI document verification:

Illegitimate Papers

The government does not issue these papers, as they do not contain stamps, signatures, or holograms.

False Documents

The owner of these papers is someone else, and these are the stolen documents; the hackers use them to bypass the verification system.

Modified Documents

These are actual documents for verification, but the hackers have made some changes; they are photoshopped or fake papers. For example, the client has submitted the birth certificate with an altered date, but the government record is displayed differently. 

Importance of Document Verification Using AI

• Manual verification is a time-consuming process, but now automated means are used for verifying papers. The organizations can regulate their daily operations, as they only require a few employees for authentication. The machine learning performs the entire task; these means are reliable and accurate. It prevents businesses from identity theft, as they permit only actual users to bypass the security. The organizations can onboard remote clients, and they can even reach international clients. 
• The traditional verifications were limited to only local clients, so the companies’ revenue was limited to a few users. However, advance verification of identity documents means generating heavy revenue for the organizations by increasing their access. They can even ensure they interact with the right person; their customer is not involved in any unusual act.
• These authentications aid in compliance with the rules and regulations of the government. The organizations can reduce their penalties, and the companies that do not follow these guidelines must bear heavy losses. The brand image is also affected when the organization faces a loss because it will be difficult for the businesses to attract more clients.
• Nowadays, clients prefer companies that understand their needs and give them services according to their needs. The users read the reviews of the organization on their social media page and then decide whether the company is worth interacting with. Therefore, businesses have to satisfy their existing clients to attract more users.

Conclusion

Digital document verification enhances the surveillance of organizations. These solutions aid in onboarding clients, verification, and continuously monitoring the user. The client satisfaction is the core value of the organization. Therefore, companies must have to provide seamlessly.

The customers choose the business that understands their needs and gives them a user-friendly interface. In this digital world, it is essential to imply advanced means to compete in the market; biometric solutions enhance the organizations’ revenue. Companies can reduce their unnecessary expenses by integrating advanced solutions.