Surely. Digital change changes the way things are done. From communication to education, to medicine; Every job is constantly changing. Interacting with customers is more fun than ever.
Likewise, the customer identification and verification methods were digitized. First, companies must make appointments with customers to confirm their identity. This involved a lot of paperwork, which consumed a lot of time and resources.
Then, the Biometric consent verification system offers easy remote control. Companies can verify a customer’s identity through online software. With this method, companies only need a customer identification test and direct photos to successfully complete the KYC process.
Most problems are solved using an automated KYC system. This process has also been modified to verify the video interview. In a live video verification, a KYC expert interviews customers and oversees the verification process.
KYC controls financial institutions. It eliminates many criminals and fraudsters from the industry. However, as the security situation changed, fraud became more serious. Retailers are adding biometric licenses as a secondary protection against this KYC solution.
Because biometric storage is based on artificial intelligence and uses different APIs to identify customers in the database, so fraud is more robust for fraudsters and reduces the headaches of independent corporations to keep the data of the users they work with far above the limit. step by providing documents or security control, where they will hold a biometric identity card and indicate the presence immediately.
What Is Biometric Consent Verification?
The process by which a Customer’s request or license is required to process the Customer’s request or service is called a Confirmation Agreement. However, verification of biometric agreements includes document verification, biometric identification, and licensing.
Reduces the risk of fraud in biometric verification
The 20th century is the era of technology. Looking back a few years ago, what was once thought to be the “future” is now “new normal.” Unlocking faces with keys, eating robots, and paying invoices with a smile are no longer science fiction innovations thanks to artificial intelligence. The pace of technological development is exciting and frightening.
Biometric Consent Verification: Process Explained
Let’s take a look at the biometric verification process of consent:
- The look is accomplished by recognizing the selfie image and the image on the ID card.
- Document data was consistent with the biological information provided to customers
- The client is informed of timely scanning results (evidence or validation)
- Customer ID verified before customer presence
- An image of the ID card, such as a driver’s license, has been uploaded for confirmation.
- Submit your photo with confirmation
- Customers are included on the company website or in the mobile application.
- Fill out the bioform, provide the company with personal or financial information, the data is entered manually at this stage.
Misconceptions about Biometric Consent verification:
There are many misconceptions that can deceive any industry and deceive fraudsters.
Some common misconceptions:
Changes in appearance can affect the verification
Over time, the appearance of the face may change slightly or the features of the face characters may change.
But Machine learning plays its role here. In-depth analysis of structures and minor changes that do not affect biometric authentication performance.
Dodge using static photos
This verification check can be avoided at the beginning of a biometric verification study where there is little movement. But now, with the latest AI-based features best diagnostic solutions, the system has covered all its weaknesses ում in the confirmation process may require the user to shake his head.
Conclusion:
The above methods for verifying consent are not subject to error; they all have certain deficiencies. The signature can be easily copied, which can result in financial loss for the customer.
The consent box does not read the customer’s policy in its entirety. If something goes wrong with the policy, the customer cannot sue the company but can pass it on to the competitor.
This further reduces the level of customer satisfaction with holiday rates. All issues are resolved by verifying the biometric consent. It also provides proof of commercial agreement. Identity verification eliminates the risk of identity theft. This allows the company to process customer requests more efficiently.