Life was simple when the traditional methods of working and business were followed all around. New methods of online interaction are making the whole world a digital playground. The way each industry communicates follows a great deal of internet packet change between them. Each day new online platforms are being developed for multiple purposes, people are earning a great deal from these online platforms through different methods such as freelancing, blogging, and content creation. Discover the most secure method of online document verification with our innovative certificate system.
Well, not everyone is earning legally, the scammers are using digital platforms in illegal terms such as money laundering, identity theft, and other digital frauds to destabilize the online network. To make the internet a safe place for everyone many measures are taken to eradicate scamming and money laundering in the online system of interaction.
The stats show multiple thousands of scam reports over the past years, with different ways of online frauds and scams not only targeting the sectors related to finances but also harming other industries of gaming, traveling, and even the healthcare department.
Different secure methods are developed for authentication purposes. The identity verification process is made mandatory after a complete assessment of online security measures.
One major task in each identity verification solution is the process of document verification which requires a lot of resources for complete control.
What is Document Verification?
Document verification is the process of identifying user documents to fully authorize a client in future interactions with other users, businesses, and organizations. The documents are checked for validity and correctness and evaluated to make sure the person is using a real identity.
Document verification is a part of KYC (Know Your Customer) compliance by which the customer’s identity is verified before any means of interchange of information online. The KYC check acts as a necessary measure with most countries having developed a complete law on KYC regulation checks.
The document verification process includes different documents which are legal issues by the national or government authorities, these credentials include National Identity cards, Passports, driving licenses, and all other associate sheets which provide identifying information of the user. A document verification certificate is issued on successful examination of documents after which. The other phases of identity verification are carried out.
Digital Document Verification
As we are talking about digital crimes such as money laundering and scams by means of the internet. The document verification process is also updated for a complete digital cycle of checks. Several industries, even the non-tech ones have deployed the digital authentication system for documents for the purpose of identity verification. The whole process is carried out online without any involvement of physical interchange.
How to Verify Documents Online?
The Digital document verification process consumes new technologies of artificial intelligence and optical character reading to fully automate the verification cycle. The complete online procedure of document verification is as follows:
Upload Documents to the Online System
The user needs to have a device such as a camera to capture. And upload digital copies of documents in the online system. The digital copies are detected by the software for the further evaluation procedure.
Validation of the Provided Documents
The software is built using modern-day algorithms and intelligent technologies as discussed. It combines different techniques to examine and read the provided documents for detecting the reality of the documents. This process ensures the documents are valid and not forged by means.
Data Extraction from Documents
After checking for validation the next process is carried out to extract the necessary data from the documents. The OCR (Optical Character Reading) method is used by the system to grasp. The data relating to the identity of the user. It ignores all the irrelevant data and focuses on critical data such as names, date of birth, and other information which ensures the reality of the user.
Verification of Documents
The document verification phase is the last part of the online verification cycle. It works by processing the data extracted from documents. And comparing it to the data provided initially by the user at the time of onboarding. The online system verifies a user when the information is matched without any suspicion of missing data within the system.
The document verification system is a major part of KYC checks to prevent scammers and fraudsters from cheating people online on most platforms. Even social platforms are following the document verification technique for the complete evaluation of the user. This technique is performed by many businesses and corporations for the complete verification of their clients. AI and other new technologies of the digital world back up the document verification system with a fast. And a high processing rate by which authorities can complete the identity verification process. The online system is a fast and efficient way for this operation as it requires the least amount of time and energy. By utilizing an Online Document Verification Certificate system, users can be confident that their digital certificates are authentic, tamper-proof, and reliable.