Strengthen know your customer (KYC) compliance with HID’s ID scanners and verification software. Streamline data capture and screening against fraud.United States ["Contact Us","Find A Partner"] ["https://www.linkedin.com/company/hid-global", "https://www.facebook.com/HIDGlobal", "https://twitter.com/HIDGlobal", "https://www.instagram.com/hidglobal/", "https://www.youtube.com/user/hidglobal"]
Know Your Customer (KYC) ID Verification
Strengthen KYC compliance with HID’s ID document reading and verification technology, ensuring seamless screening against identity fraud and streamlined data capture.
Fortify In-Person KYC Practices
Stringent Know Your Customer (KYC) regulations mandate robust identity verification to combat fraud. However, traditional manual checks of ID documents are error-prone and inefficient — causing delays and frustrating customers. HID’s document reading technology delivers a better way. With almost instant biographic data capture and ID document authentication, HID technology can help verify identities in seconds with data accuracy.
Common KYC Terms
KYC means Know Your Customer. However, the process is not only defined as KYC. It may also fall under one of the following terms:
Anti-Money Laundering (AML)
Customer Due Diligence (CDD)
Enhanced Due Diligence (EDD)
Know Your Guest
Know Your Employee
The Value to Businesses
With the prospect of fines and even criminal prosecution for failing to comply with legislation, it’s only natural that the demand for know your customer practices is sweeping through various industries.
Casinos and Gaming
ID Verification for KYC
Identity verification is a critical step within the in-person KYC process to ensure the current or prospective customers are who they claim to be.
HID’s ID scanners and verification software enable the system to carry out checks on KYC documents, such as passports or driving licenses, in seconds.
How ID Scanners Improve In-Person KYC
ID scanners and document readers provide dual advantages: automating data capture and enabling fraudulent documents to be detected, leading to the following benefits:
Increased Data Accuracy
Improved Customer Experience
Reduced Staff Burden
Seeking an eKYC Solution?
Streamline customer verification swiftly and securely with HID’s digital ID verification solution leveraging cutting-edge biometric facial recognition technology — the perfect solution for digital businesses that need smooth customer verification.