It is no wonder that the problem of scams and frauds has become serious and extremely problematic for digital companies. As per the recent statistics, there were about 15 million victims of the fraud attempts just in 2018. Furthermore, the digital exchanges that happened online due to the pandemic, the increasing number of frauds, and data violations are alarming for the cybersecurity departments. Hence, there should be some way to deal with the issue in an effective way.
How Does The online Document Verification Process Work?
In today’s society, almost all of us have experience the crucial moment when somebody went for an account opening and they were face with the authentication procedure by the staff members of the organization. The staff members requested certain documents and cross-checked the information on them for authenticity and originality. The documents might be an ID card, passport, and driving license. The identification process was critical in order to validate the information provided by the clients and check if they are who they are and if what they say is actually what it is or not.
In modern times, artificial intelligence has become important in the verification document process. It is because the use of technology helps in faster validation of the information. Moreover, if the document verification provided are submitted from far away/ foreign lands, the process becomes easier and easier to carry out.
Clients should keep in mind that if technology is becoming advanced, the fraudsters are also becoming complex and sophisticated in order to fulfill their illicit plans. For example, fraudsters can hide behind the genuine identity/profile of a customer. In this way, they will not be detectable by the latest technology software. Keeping with the trends, technology is advancing day by day.
There are different types of documents that fraudsters can use to carry out their destructive plans.
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Illicit documents:
These kinds of documents are thoroughly false because they have the features of authentic documents. For example, holograms, and rainbow prints.
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Fake documents:
Such types of documents are not manipulated in any way but they are stolen by fraudsters with the purpose to bypass the document verification process.
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Fabricated documents:
Such types of documents are modify in order to sabotage the authentication process. The majority of fabricate documents are made by fraudsters in a way that it becomes extremely difficult for the human eye to catch the deception and modifications. Nevertheless, the AI-base authentication process demands originality and non-tempered documents. This is why everything is check to the pixel level through the state of the art technology.
What kind of checks and landmarks are identified for the certification of documents?
Identification of Formats
The AI and ML algorithm-based technology can identify the correct format of documents in a quick way.
Authentication of the documents through MRZ code
The certification through the MRZ codes is important because it is important to determine if the document and its coding were temper in any way. When the coding matches, the information is check for authentication. ICR Technology is also used for this purpose.
The Temperance of the Edges
The paper documents can lose their sturdiness after some time because of the wear and tear that happens due to their environment. This check is important to carry out so that the authenticity of the document can be establish in a certain way.
The Indicators of Forgery and Fabrication
When good and accurate data is provided to the AI software, the technology learns from the experience. So, every new entry enhances the efficiency of the software and detects any signs of fabrication that the fraudsters have come up with in order to violate the integrity of the certification procedure. Sometimes, the tempering is so on such a minute level that any employee doing the manual work cannot catch the deception.
Checking For The Holograms/ Rainbow Prints
The documents that are issue by the government have some special specifications e.g. holograms, and fine rainbow prints to make them uniquely government-issue. The latest technology checks the documents on pixel levels so it can detect any changes in the holograms and special prints.
Certification of the Unique Paper and Ink
This special feature is present in the documents so that fraudsters cannot mimic the government-generated documents. This is why the AI looks for a unique paper and ink design in every submission of the documents.
Verifying The Presence Of Micro Prints
This is an extra security level in the documents that are in place to protect the documents from forgery and fabrication. When the AI checks the documents, it immediately recognizes their originality.
Conclusion
ID documentation verification has become so popular these days because of its accuracy, quickness, and user-friendliness. The technology is merg with other advance technologies for securing the customer’s data. For example, the data and information on documents given by the government. The AI-powered technology accurately authenticates and verifies the identities of thousands of clients. Therefore, the technology has become so widespread and common in use by organizations.
