Page 1 of 1

How to leverage live identity verification in automated workflows?

Posted: Sat Dec 21, 2024 4:49 am
by Aklima@41
Live identity verification is a process that uses real-time data to confirm the identity of a person or entity. Most commonly, LIV integrations are used to verify the identity of a person or entity during an account opening process . If you’re looking to make your financial institution’s live identity verification operations more efficient, using live identity verification in automated workflows is a great way to automate processes end-to-end.

Live identity verification is key to risk mitigation
With the rise of digital workflows, manual transportation email list verification is no longer enough. Speed ​​and automation are now essential to remove friction from customer experiences. Embedding identity verification into automated workflows has become crucial. This allows businesses to operate at scale while maintaining trust and operations. To achieve this, you need a solution that scales to meet your business needs without requiring significant changes to your technical infrastructure or customer experience.

Image

Live Identity Verification for Automated Workflows with Commercial Account Opening and KYC Compliance
Live identity verification is mandatory for commercial banking accounts and is also a great option for KYC compliance. It’s also a great way to improve your customer experience and provide value-added services, such as mobile banking.

It all starts with meeting your customers where they are—and where they are right now is on their phones. That’s why it’s helpful to offer live fingerprinting for automated workflows with business account opening, so you can meet your customers where they need it most: on their smartphones or tablets.