Due to many in cases of money lauding in banks and other institutions, the technology has been advanced to help in mitigating the process. Identity verification is a process in which the person’s detail is captured in the database to help identify the person better in case of any crime committed. The requirements for the identification verification process include the name of the personal, date of birth, registration number and other detail that may be available in the document. The manual information I compared to the soft copy for the better result. The system can be used in banks and companies that deal with many employees and even other businesses. The highlight bellows are the benefits derived from applying the identification verification system in companies and banks.
The use of know you customer system provides accurate information. The traditional identification methods require the use of more papers to verify the authenticity of an individual. The details of the id or passport is captured by scanning the document by use of the id scanner to hence making it easy and fast. The use of this system avoids the human manipulation of the data when they are exhausted or stressed.
The other thing about the identity verification is that it’s easy. Less energy is required when analyzing the physical and the stored details of the person. Getting the stored information when needed is very fast.
There is a commendable reduction of criminal cases that used to be experienced in banks and other money dealing companies since the identification verification was discovered. The process involves quick identification of the criminal and quick response can be taken to prevent the intended activity to be completed. During the account opening by new customers the details of the person in the identity card are compared to the person opening the account hence ensuring the id user is the real owner of the document. These services have discouraged criminal act in banks.
The cases of cyber hacking can only be discouraged by the application of the identification verification. Taking the fingerprints and iris help the customers to identify themselves when login into an account to identify the person using the account. By doing so anyone who try to harass others through the online services he/she can be easily identified. When using the voice to identify the account user, no any other person can be able to open the account hence making it easy to get avoid cybercrimes.
The Identification verification is also applicable to employers so that to keep a genuine record of the employees. Many are times when company’s employee the wrong people due to lack of the identification verification system. You can avoid the situations of not distinguishing the right people when the system is in use.