Top Three Industries That Are Reaping the Benefits of Biometric Verification and Authentication


Posted May 17, 2023 by incodeusca

Are you wondering whether or not your investment in biometric verification and authentication could reap you benefits?
 
Well, services availed by experts like Incode can definitely help you, given they customize biometric services as per your industry niche. Here are some industries that are benefiting from Incode's identity verification solutions.
[8th May 2023] With the deployment of easy-to-use and quick identity verification technology like biometrics, industries across the globe are offering their customers a secure and optimized way to onboarding.

In fact, a wide range of industries is making upfront investments in biometric verification and authentication solution from Incode to reap the many benefits it has to offer. If you are skeptical about your investment in biometric solutions, the list of industries listed below should entice you to consider it as a go-to choice for identity verification –

1- Financial services industry

Banks and other financial institutions have been required to comply with AML and KYC regulations for years now. But these processes, however, result in various frustrations and frictions. For instance, for onboarding a new customer, the banks are required to carry out time-consuming and intensive documentation procedures, which often leads to unpleasant experiences among customers.

Thankfully, solutions for age-verification digital IDs make things less challenging for everyone involved in the process. New customers get to open their accounts without annoyance through the digital verification process, while service providers can rest assured that the details gathered are genuine.

2- Medical Industry

Similar to how it is important to know the customers in the banking industry to deliver excellent services, it is crucial to identify patients in the medical industry, too. Only then can the healthcare providers deliver treatments that allow the patient to get better.

Solutions for age verification digital ID's now allow gathering all the medical history of a patient in one single place. Even the onboarding process is less time-consuming now. Fewer paperwork means added convenience to the patients.

3- The recruitment industry

Since new-hire identity was a primary challenge for recruitment agencies, biometrics has put an end to the same.

Biometric verifications eliminate the need for manual paperwork and offer the new hires to provide data digitally.

HR staff can now easily verify the candidates with just a facial recognition or fingerprint scan. Also, optimized digital onboarding can assist in boosting the customer retention rate.

For more information, log in to: https://incode.com/use-cases/age-verification/

About the company

Incode deploys standards-compliant flagship products to streamline the operation of identity verification at leading firms. From age verification to ID verification, fraud detection, AML, KYC, and KYB, Incode's solutions can handle them all. Plus, Incode's experts are ever ready to comprehend your needs to customize your solutions to achieve the goals you have in mind.

Contact

Website: https://incode.com/
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Issued By Incode Technologies Inc
Phone (650) 446-3444
Business Address 221 Main St, Suite 520, San Francisco, CA, United States, 94105
https://incode.com/use-cases/age-verification/
Country United States
Categories Technology
Tags httpsincodecomusecasesageverification
Last Updated May 17, 2023