The Benefits of Secured Signing’s Video Confirmation and ID Verification

As businesses continue to shift towards digital processes, the need for secure identity verification becomes increasingly important. Remote identity verification solutions such as Secured Signing’s Video Confirmation with optional Identity Document Verification (IDV) provide a faster and more secure way for businesses to verify the identities of their clients. 

Traditional identity verification processes can be time-consuming, expensive, and susceptible to fraud. Manual processes such as document verification and in-person identity checks can take days or even weeks to complete, delaying transactions and increasing operational costs. In addition, traditional identity verification methods can be susceptible to fraud, such as fake or stolen documents. 

Remote identity verification solutions such as Video Confirmation with the addition of IDV provide a faster and more secure way to verify identities. The solution allows businesses to remotely verify the identity of their clients in real-time, using advanced facial recognition and liveness detection technology. This provides a faster, more secure, and more cost-effective way to verify identities, reducing the risk of fraud and improving operational efficiency. 

Four of the Benefits of Secured Signing’s Video Confirmation and IDV include: 

 

• • Improved Compliance: Secured Signing’s Video Confirmation with IDV helps businesses comply with regulatory requirements such as Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.

• • Faster Verification: Video Confirmation with IDV provides a faster way to verify identities, reducing the time it takes to complete transactions, log verification and improving operational efficiency 

• • Increased Security: The solution uses advanced facial recognition and liveness detection technology to ensure that the person being verified is who they claim to be, reducing the risk of fraud and identity theft 

• • Cost-Effective: Adding Video Confirmation to an outbound emailed agreement for signature adds NO COST to the transaction. Adding IDV provides additional identity security for a cost-effective way to verify identities, reducing the operational costs associated with traditional identity verification methods. 
    
    

As businesses continue to shift towards digital processes, remote identity verification solutions such as Secured Signing’s Video Confirmation and IDV become increasingly important. The solution provides a faster, more secure, and more cost-effective way to verify identities, reducing the risk of fraud and improving operational efficiency. 

By leveraging advanced facial recognition and liveness detection technology, businesses can securely verify the identities of their clients in real-time, paving the way for the future of secure transactions that are non-reputable.