Benefits of Real-Time Identity Verification
Real-time identity verification allows for companies to screen their customers before granting them access to any services. An automated procedure has many benefits.
Fast Verification
Identity verification in seconds minimizes delays and increases efficiency.
Cost Reduction
Automation requires less time and resources, and reduces errors.
Use of Biometrics
The use of biometrics increases security and authenticity.
Simple Integration
Configurations for various use cases, easy to integrate into existing processes.
Customer Satisfaction
Mobile identity verification enables flexible, convenient and location-independent verification around the clock.
Fraud Protection
Prevention of identity fraud and protection against money laundering.
User-Friendliness
No additional app required, fast identity check within 30 seconds.
Higher Conversions and profits
Simplifying and speeding up the identity verification process leads to higher conversion rates and therefore more sales.
Digital identity verification in two steps
Digital identity verification only takes two simple steps: document and face verification. With these two steps, you are guaranteed a reliable as well as a secure and user-friendly verification at the same time.
1. Document Verification
- AI-based automatic recognition, classification and recording of identity documents
- Screening of 40+ security features
- Biometric NFC chip verification
- Global coverage of documents from over 165 countries
2. Face Verification
- Powerful biometric face verification
- Real-time comparison of the user with the images of the ID document
- Unique Passive Liveness Detection
- No interaction necessary
- Protection against identity theft and counterfeiting
- Protection against attacks via prints, screens and masks
Minimize Dropouts and Increase your Conversion Rate
Reduce Costs and Increase your Profit Margin
Implementing an effective electronic identity verification tool goes beyond mere security and user-friendliness. It also offers significant benefits in terms of reducing costs and thus increasing your profit margins. Traditional IDV procedures often require manual checks, which entail a high expenditure of time and personnel.
Online identity verification, on the other hand, can be easily scaled to handle high numbers of applications. It efficiently keeps up with growing demand without additional staffing expenses.
In addition to the savings in staff costs, the overall process costs will be reduced, too. As the entire process is online and paperless, you will also save money this way.
Build trust and retain customers
Digital identity verification has a low error rate, thus providing a safeguard against fraud and money laundering. Biometric face verification and our unique Passive Liveness Detection effectively protect customers against identity fraud.
PXL Vision offers identity verification solutions that ensure customer data is managed in accordance with GDPR and DPA. Visit our Trust Center to find out how we put data protection regulations into practice.
With our white label solution, digital identity verification can be customized to match your design. This makes the identity verification process completely native for your customers, as PXL Vision’s branding is invisible, which prevents any loss of trust due to an unknown third-party provider.
Digital identity verification that adapts to your needs
PXL Vision's electronic identity verification solutions are extremely flexible and customizable. We provide you with modular software that can be integrated into existing environments, applications and systems in a platform-independent and personalized way. As a result, our real-time IDV process can be seamlessly incorporated into your existing systems.
To further accelerate the implementation process, PXL Vision offers pre-configured workflows that allow for a quick setup:
- Text message/email verification
- Self-disclosure
- Proof of address
- PEP/SL testing
- Additional document scan
- Electronic signature
The use cases for online identity verification are diverse and span across numerous industries, from the onboarding process with insurance companies to a seamless enrollment for telecommunication services to secure transactions in e-commerce.
PXL Vision offers a wide range of integration options and products that can be customized to meet your business’ needs.
Global identity verification made simple
On top of this, there is the large variety of ID documents with different features, formats, and security functions. Different legal requirements for data protection and identity verification in different countries also require flexible adaptation of verification processes.
Data protection is also a major challenge, particularly because of the variations in data protection laws around the world.
We have recognized these challenges and optimized our products accordingly. PXL Ident and PXL Pro provide you with:
- Support of documents from over 165 countries
- Customizable to user's language
- Configurable and adaptable to specific requirements
- Easy integration anytime and anywhere
- AML and KYC compliant
- ISO/IEC 27001:2013 certified
- Compliant with local and international data protection regulations
Want to know more about our digital identity verification solutions?
FAQ
Digital identity verification is an online process to verify the authenticity of a person's identity. Technologies such as biometrics, document verification and facial verification are used to ensure that a person truly is who they claim to be.
Document verification and biometric facial verification are often used for digital identity verification. Document verification checks the validity of your identification documents, facial verification compares your face with the image on the document.
Digital identity verification is a legitimate and reliable method to prevent identity theft and fraud. Modern technology such as biometrics and document verification offer the highest level of security.
While local identity verification is based on regional data and regulations, global identity verification is more comprehensive. It takes into account data from a variety of countries and adapts to the diverse legal requirements worldwide to provide accurate and secure identity verification.
Global identity verification is useful for many situations - especially when carrying out international transactions. It is important in industries such as finance and e-commerce, in international real estate transactions and when verifying users of digital platforms. It also plays a crucial role in the fight against money laundering and terrorist financing.