Identity documents have long been used by organizations to verify the identity of a person trying to use their services. Enterprises must ensure that the data and face of their customers truly belong to them.
Government IDs such as a driver’s license contain adequate information and the individual’s photo, which can be matched to the data they have provided and their facial modalities. Moreover, most government-issued credentials are embedded with security markings that tell them apart from counterfeit IDs.
Drivers’ licenses are among the most used IDs because of their ubiquity. In the US, the number of licensed drivers reached about 228 million in 2018, which comprises about 70% of its total population. Additionally, drivers’ licenses are more convenient to bring compared to other ID documents like passports.
Many enterprises perform manual checks to examine an identity document’s authenticity, but these outdated methods are too tedious and susceptible to risks. If companies fail to distinguish fraudsters from real customers, there can be costly consequences and customer distrust. It can also penalize them for failing to observe regulatory compliance.
When utilizing new identity proofing methods, institutions must replace legacy systems with modern solutions that provide more security and efficiency. Automating their operations can help improve their cybersecurity while speeding up their services.
They can leverage advanced technology for pattern recognition on identity documents and compare them to known templates in trusted databases like government registries. With an automated driver’s license authentication, companies can reduce manual systems’ risks and ensure better accuracy when verifying IDs during onboarding.
Furthermore, they can use a biometric multifactor authentication solution (MFA) that is easily integrated into mobile devices to improve their identity verification process.
Validating a user’s identity is vital in keeping an organization protected from fraudulent attacks. To know more about the importance of identity verification and identity document authentication among institutions, Ipsidy provides the following infographic.
