Editable free employment income verification letter pdf word medicaid employment verification form doc, The heart of successfully quitting fraud in a consumer-not-present channel is having confidence you’re interacting with customers, not thieves. Verifying a client’s identity is very important to anybody doing business online. With identity theft continued to be one of the fastest growing crimes in the USA, using identity verification helps decrease the risks for both your organization and your customers from becoming a victim of fraud. The secret is to automate your identity verification procedure so that you can confirm consumers in a way that will keep business moving and without sacrificing customer satisfaction.
If you have ever been requested to display a driver’s licence, enter a Social Security number, or other qualifying personal information in front of a transaction could move, you have experienced identity confirmation. In other words, identity verification is simply requesting a consumer to present a form of identification from her or his wallet to prove that they are. While identity affirmation alone is needed for some companies and is only an additional later of safety for others, it is not foolproof. From bogus IDs to intricately designed scams, those who would exploit companies are fast to work around identity verification. And those workarounds mean that companies, customers and confidential data could be at severe risk. That is where authentication comes from.
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