HID® Identity Verification Service

Many financial institutions are undergoing in-depth digital transformations, where customer centricity and data leverage are key elements. This creates a need for a holistic approach to securing the customer’s digital identity. A starting point is the successful and confident digital on-boarding of the user into the financial institution, but many organizations struggle with the digital risk associated with enrolling users who may never set foot in a branch office.

HID Global has an identity verification solution that improves general security and user-experience, while helping further the organization’s compliance to new directives and regulations. The HID Identity Verification Service is an off-the-shelf, end-to-end solution for digital onboarding and Know Your Customer (KYC) compliance that:

• Allows end users to quickly and securely provide an online identity attestation through the mobile channel without having to do an on-site enrollment
• Simplifies the verification of identities and delivers a seamless and efficient digital onboarding process
• Improves customers’ KYC compliance process, reducing the operational costs

The HID Identity Verification Service runs a suite of advanced technical checks against every customer submission to ensure that identities are thoroughly authenticated and verified. Your business is protected from fraudulent identities that have been tampered with or forged, and your customers have a more user-friendly onboarding experience.