A new real-time photo ID verification service is made possible through a collaboration between SecureKey Technologies Inc. and Onfido.
The partnership takes the best of both industry leaders to streamline the identification process. Thanks to Onfido, the collaboration is supercharged with the use of artificial intelligence and the company's existing physical document verification. This is then bettered by SecureKey's "real-time authentication and verification capabilities."
As a result, consumers who use the real-time photo ID verification platform are prompted to scan their physical identity documents--such as passports and drivers' licenses--and simultaneously receive the verification of other personal information in real-time "from trusted sources such as financial institutions, credit bureaus, telecommunication companies, and [the] government."
While drivers' licenses and passports are the first to be authenticated through this collaboration, Onfido and SecureKey plan to introduce provincial health cards and residency cards next.
Real-Time Photo ID Verification
SecureKey & Onfido Team Up to Streamline the Verification Process
Trend Themes
1. Real-time Photo ID Verification - The trend of using real-time photo ID verification to improve online identity authentication and verification process is disrupting the traditional identity verification industry.
2. Artificial Intelligence in Identity Verification - The trend of incorporating AI technology in identity verification and document authentication is disrupting the traditional manual verification processes across industries.
3. Innovation in Customer Verification Process - The trend of innovative customer verification processes, providing real-time verification and authentication, is disrupting traditional verification processes and building trust in consumers.
Industry Implications
1. Digital Identity Verification Industry - The incorporation of real-time photo ID verification with AI technology has disrupted traditional identity verification and is providing a simpler and more secure process.
2. Financial Services Industry - The use of real-time customer verification process through AI technology has disrupted traditional verification processes, making it quicker, simpler, and more secure for clients in the financial services industry.
3. Telecommunication Industry - The use of real-time photo ID verification, AI technology, and data from trusted sources is disrupting traditional verification process in the telecommunications industry, leading to more accurate identity verification and reduced fraud.