Tagged in: fraud

How Identity Verification Platforms Eliminates Fraud

Identity verification is a critical component of managing risk and fraud in the modern digital economy. However, many challenges prevent companies from achieving the necessary level of accuracy and efficiency in their identity verification processes. One such challenge is verifying personal information such as names, addresses, photos, and social media accounts. The reality is that this data is often inaccurate or incomplete which can lead to identity theft and compromised accounts. Fortunately, there’s a solution that solves all these challenges while providing comprehensive coverage across all channels: the identity verification platform.

ID document verification

Identity document verification is the process of confirming the identity of a person by validating the physical characteristics of that person’s identity document. ID document verification is often used in the context of online transactions, where it helps to prevent fraud through impersonation. In this case, talking about verifying that your customer or client has …