Commercial Document Authentication for Banking
Validate your applicant’s ID documents upfront to effectively reduce identity fraud and theft.
Financial institutions are faced with growing financial, reputation and compliance exposure as a result of identity fraud. As the risks are increasing, so are the challenges to quickly and effectively validate identity documents (IDs) and thus verify the identities of those presenting them.
Solution
The L-1 solution is a quick, accurate, low-cost way of verifying customers’ IDs and identities upfront, providing for a strong Customer Identification Program as well as allowing financial institutions to comply with Patriot Act Regulations.
Our solution assists consumers in protecting themselves from ID fraud/theft and complies with Patriot Act Regulations which have been largely ignored and not enforced until now – due in large part to the lack of an easy way to comply. L-1 now offers that easy solution.
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Features & Benefits
- Automatically and seamlessly scan identity data of the credential for authenticity
- Quickly and accurately validate all data acquired from identity documents
- Improve customer service
- Reduce costs associated with fraud
Resource Library
Learn more about our secure credentialing solutions from our growing list of resources with topics that include:
- Motor Vehicle Testing
- Document Authentication
- Value-Added Solutions and more
