The Advantages of Using Digital Identity Verification Solutions in Your Business
                     The Advantages of 
Using Digital Identity 
Verification Solutions 
in Your Business
The Advantages of Using Digital Identity 
Verification Solutions in Your Business
IF YOU ARE A BUSINESS OWNER AND ARE NOT YET MAKING USE OF 
DIGITAL IDENTITY VERIFICATION SOLUTIONS, YOU MAY WANT TO 
GIVE THEM A TRY. DIGITAL IDENTITY VERIFICATION SYSTEMS HAVE 
THE ABILITY TO ENHANCE THE SECURITY, AUTHENTICITY, 
CONFIDENTIALITY AS WELL AS EFFICIENCY OF IDENTIFYING 
CUSTOMERS WHILE PROVIDING FINANCIAL SERVICES. THIS CAN BE 
VERY BENEFICIAL TO INDIVIDUALS, FINANCIAL AND PROFESSIONAL 
SERVICES FIRMS, AS WELL AS TO THE THE INTEGRITY OF THE 
FINANCIAL SERVICES SECTOR. 
The Advantages of Using Digital Identity 
Verification Solutions in Your Business
INVESTING IN RELIABLE AND INDEPENDENT DIGITAL IDENTITY 
VERIFICATION SYSTEMS CAN OFFER COMPELLING VALUE ADDITION 
FOR IMPROVING INDIVIDUAL IDENTIFICATION/VERIFICATION AT THE 
TIME OF ONBOARDING AND AUTHENTICATING THE IDENTITY OF 
CUSTOMERS TO AUTHORIZE ACCOUNT OR SERVICE ACCESS. 
ADDITIONALLY, ACCURATE CUSTOMER IDENTIFICATION CAN ENABLE 
OTHER CUSTOMER DUE DILIGENCE MEASURES, SUCH AS EFFECTIVE 
ONGOING DUE DILIGENCE ON THE BUSINESS RELATIONSHIP AS WELL 
AS TRANSACTION MONITORING.
The Advantages of Using Digital Identity 
Verification Solutions in Your Business
AMONG THE ADVANTAGES OF UTILIZING DIGITAL IDENTITY 
VERIFICATION SOLUTIONS IN YOUR BUSINESS IS THAT IT CAN HELP 
MINIMIZE WEAKNESSES IN HUMAN CONTROL MEASURES. THE 
CONVENTIONAL METHODS OF CONDUCTING CUSTOMER 
IDENTIFICATION PREDOMINANTLY RELY ON HUMAN CONTROL 
MEASURES SUCH AS COMPARING A PHOTOGRAPH ON A GOVERNMENT 
ISSUED IDENTITY CARD WITH THE PERSON WHO WANTS TO OPEN AN 
ACCOUNT OR AVAIL SERVICES AND MAKING A JUDGMENT THAT THE ID 
DOCUMENT IS EITHER GENUINE OR FAKE. 
The Advantages of Using Digital Identity 
Verification Solutions in Your Business
FRONT-LINE PEOPLE MAY NOT HAVE THE TOOLS, SKILL SETS, 
TRAINING, AND EXPERIENCE NEEDED TO RELIABLY IDENTIFY 
COUNTERFEIT, DOCTORED OR STOLEN DOCUMENTS. USING A 
RELIABLE DIGITAL ID VERIFICATION SYSTEM CAN POSSIBLY REDUCE 
THE RISK OF HUMAN ERROR IN BOTH IDENTIFYING AS WELL AS 
VERIFYING THE IDENTITY OF A PERSON. AND IN DOING SO, 
WEAKNESSES IN HUMAN CONTROL MEASURES IN YOUR BUSINESS 
WILL BE TREMENDOUSLY REDUCED. 
FOR MORE INFORMATION ON THE ADVANTAGES OF USING DIGITAL 
IDENTITY VERIFICATION SOLUTIONS IN YOUR BUSINESS, VISIT OUR 
WEBSITE AT HTTPS://WWW.IPSIDY.COM/
The Advantages of 
Using Digital Identity 
Verification Solutions 
in Your Business