The
identity verification market is heavily fragmented, something that makes the
process of choosing the right identity verification solutions to be quite
challenging. While there are many solutions out there, you need to choose one
that is perfect for your business.
To be able
to choose the right solution for your needs, you first need to understand the
different types of ID verification that are available. When people talk about
identity verification, they are simply referring to one of the two methods of
verifying identity, namely electronic identity verification or documentary
identity verification.
Electronic
identity verification
involves a user typing their data into a form, typically information such as a
name, address, date of birth and some form of identifier like a passport
number, social security number. This information is compared against a
centralized database of information in order to verify authenticity.
On the
other hand, document identity verification typically involves taking a photo of
a government-issued document like a driver’s license or passport, and sometimes
a selfie of an individual holding the aforementioned documents and verifying
that the document is indeed authentic and not a forgery.
When
looking for identity verification solutions to use in your company, make sure
that you do not confuse verification and authentication. Verification is the act of making sure that
the information provided is factually correct. For instance, to ensure the name
John Doe is real and associated with the SSN 222-222-222 as well as address 444
Main St.
Authentication
on the other is the act of making sure that the person who supplied the
verified information is actually the person that is referenced in the data. For instance, authentication will want to know
if John Doe submitted the data or if it was Peggy Sue who submitted the data.
For more tips on how to purchase identity verification solutions, visit our website at https://www.ipsidy.com/
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