Document verification is a necessary process that concerns verifying information authenticity, accuracy and suitability for their intended purpose. Different officially issued documents such as ID cards, driver’s licences and passports are usually used to verify a user’s identity.
Global spending in identity document verification is forecasted to experience considerable growth over 10 years from 2017-2027. The market is predicted to grow by over $13 Billion, rising from $4.93 Billion in 2017 to over $18 Billion by 2027.
Moreover, some documents with sensitive information, such as confidential material or financial data, require validation to ensure accuracy. Online document verification is designed to offer assurance, confirming the document’s authenticity.
FAQ 1: What is Document Verification?
With the growing prevalence of digital communications, verifying the credibility of emailed, scanned and online documents is more vital than ever. Document checking provides a range of protocols and procedures to analyze the document’s credibility.
Different aspects of the document, such as contact details, photo IDs, watermarks, stamps, QR codes, and fonts, are comprehensively analyzed to assess their reliability. The verification process also ensures that the document is valid, up-to-date, and has the most accurate and recent information available. In the advanced age, this process is conducted using automation, AI, and machine learning methods. These up-to-date technologies compare and assess the uploaded documents, streamlining the confirmation of their authenticity.
FAQ 2: How is Document Checking Done?
Online document verification can be achieved using different methods that rely on the documents’ type and content. For example, the user is requested to take and upload a selfie while verifying a photo ID. Facial recognition technology will be utilized to compare this selfie with the provided photo. ID checks and selfie liveness are also used to assess the credibility of the images.
Both experts and machines supervise the data extraction from the document. Optical Character Recognition (OCR) identifies and verifies the paper’s content. Near Field Communication (NFC) is used if available to aid in data gathering as the machine-readable zone (MRZ) can help in verification.
Online document verification eradicates the need for in-person authentication of image ID documents. Moreover, it employs different methods to detect mismatches in addition to facial recognition and selfie liveness. These methods involve edge detection and cropping, front-to-back data integration, colour integrity and cross-checking against comprehensive databases of IDs.
The online software matches written documents’ wording content, fonts, stamps, signatures, holograms and watermarks. It also cross checks the document against a huge database of online written content to check for plagiarism. Machine learning (ML) plays a crucial role in this verification system, as the AI needs to understand the typical appearance of an authentic document. Hence, comparing the data on the document with the MRZ is vital to identity document verification.
FAQ3: What are the Kinds of Document Authentication?
Depending on specific requirements and scenarios, Various verification of documents techniques can be employed. Here are several commonly used methods:
- Photo Image Verification
This method employs a photographed or scanned document image used for verification. To determine its credibility, the image is examined for elements such as watermarks, fonts and stamps.
- In-person Examination
This involves physically investigating the document and contrasting it to the known or original standards to confirm its authenticity. Experts examine watermarks, holograms, security features and other physical features.
- Biometric Face Verification
This method captures and contrasts the user’s facial features, including live video or selfie, with the document’s image. Facial recognition technology is used to confirm the individual identity by considering the similarity between the images.
- Biometric Data Comparison
Along with facial verification, other biometric data, including iris scans or fingerprints, can easily compare with the biometric data stored in the database.
- NFC Chip Reading
NFC technology permits electronic devices to communicate when in close proximity. Many documents, such as ID cards or electronic passports, have embedded NFC chips that are used to validate the document.
These techniques can be combined or individually, relying on certain requirements and available technology.
FAQ4: Why is Document Verification, Vital?
Previously, document authentication relied on physical verification techniques, such as conducting in-person checks or inspecting hard copies. But, with the growing adoption of remote working and digital technologies practices, document verification has transformed into online platforms.
Technological advancements are used to conduct efficient, accurate and effective document verification and ID authentication procedures in the digital realm. This transformation provides different benefits such as detecting under-age applications, confirming identities, expediting administrative tasks and improving security protocols for new clients.
The Bottomline
Document verification is a vital process that guarantees the accuracy, authenticity and suitability of documents for their planned purpose. With the increasing demand for digital communications, the requirement for verifying documents is more important.
The shift towards digital document verification has numerous benefits, including remote accessibility, increased convenience, and streamlined administrative process. It allows organizations to prevent identity and fraud theft, verify identities and expedite the client onboarding process among different locations.
