Biometric consent verification is a modern approach to deter ongoing identity thefts. It is a comprehensive procedure that incorporates other verification methods to beat identity thieves and individuals having fake credentials. All the loopholes of a verification solution are covered in the biometric recognition services. 

What Does Biometric Consent Verification Mean?

The term is a combination of two verification services that any KYC industry offers. First is biometric ID card verification which is an onsite verification of an individual through iris scanning, fingerprint scanning or facial recognition. Consent verification, on the other hand, is a written agreement that a user provides to a company showing their consent to verify their credentials. 

Consent verification is actually a step ahead of biometric verification. It covers many aspects of an individual’s identity. It firstly demands the user to be physically there and secondly, they should showcase a written agreement for verifying their credentials. That’s how it is a mixture of facial as well as document verification. 

Biometric Consent Verification- A Hidden Innovation

Biometric consent verification is also called “hand-written note verification” which demands the customer to show a written agreement that is unique to every individual. This not only prevents the company from facial spoof attacks but also registers only those users that are authentic as well as reliable. Thus, it is a hidden innovation in biometric ID verification procedures. 

How Biometric Consent Verification Helps Businesses?

Biometric security works perfectly for different businesses depending on their requirements. Any client can verify themselves by showing their face as well as an identity document in the camera. 

1. Tailored to the Customer’s Needs

As the customers are an asset of any company, the biometric security system ensures their ease of use. It has different verification modes and supports various document formats. It is available online as well as offline ensuring a great client experience. It collects the data from the end-user and provides verified results to both the customers as well as the end-users. The clients can also send the collected verified information for further authentication. Thus, biometric consent verification meets the needs of businesses as well as their clients effectively. 

1. Flexible Pricing

Biometric user authentication not only offers better identity verification services for the clients but also ensures that the technology would be cost-effective for the clients. Biometric passport verification comes with flexible pricing that includes startups, enterprise, and premium packages to the businesses. The purpose of offering such a variety of packages is that the companies do not get frustrated by the pricing and could invest their money in the right package according to its needs. 

1. Real-Time Verification Results

Biometric screening is an automated technology that provides its clients with real-time verification results. This not only removes the hurdle of the client registration procedure but also ensures that the authenticity of an incoming individual is not compromised. Biometric identity verification not only collects the credential details fast but also processes the verification step quickly. 

1. Technologically Advanced Solution

Biometric verification uses modern-day technologies such as Machine Learning (ML), Artificial Intelligence (AI),  and Optical Character Recognition (OCR). To make the verification results error-free, it also uses human intelligence. Artificial intelligence automates the verification process which would otherwise take a long time if done manually. The OCR technology is beneficial for biometric consent verifications as it can collect credentials from any of the tailored identity documents and also customize the text of the note even when handwritten. All such latest technologies which it uses makes it an effective verification solution for all organizations whether it is a financial sector or a healthcare platform. 

Final Thoughts

Digital fraud is on the rise as the globe transitions to a digital age. In order to commit attacks or fraud, fraudsters and attackers improvise their schemes. They are continuously looking for weak points in identity verification solutions to exploit them.

Improving fraud prevention mechanisms is the need of the hour.  Businesses simply cannot stay safe by relying on address verification or document verification systems alone. The correct approach for identity verification is biometric consent verification. It is safer than any other verification system that also verifies the client’s consent, eliminating the possibility of fraud chargebacks. Furthermore, it is a safe approach to validate employees during the onboarding procedure.

Thus, biometric recognition has become a critical component in the fight against online threats and fraud. Employ a biometric consent verification process if you really want to run a profitable e-commerce firm and trade your products to verified clients. It is the best investment for any business that wants to make its mark in today’s world.