Have you ever looked at your identity document and wondered what is this string of numbers and personal information at the bottom? It’s a machine-readable zone or in short MRZ and its purpose is to facilitate automated reading of basic personal details from the document during the verification process. An MRZ consists of two or
When talking about the positive sides of the identity verification process, we often focus on the advantages that companies and institutions can experience. Compliance with regulations, a growing sense of security, adaptation to technological changes and increasing reputation are just some of the benefits felt by companies using the identity verification service. The process itself
Many companies put us through multiple steps of verification to grant us access to their services. Everyday we go through identification, authentication and authorization processes and we may not even realise the steps that we are taking to log into an account. The need to prove the user’s identity is dictated by security reasons. With
Designed and created by pch.vector – freepik.com Strong KYC and AML strategies put into place are one of the most important things for businesses of any size. Whether a start-up or a well-established developed global corporation, the same rules apply to everyone in some industries. Depending on the industry and the regulations that apply, the
Fully-Verified was created as answer to its founders collectively losing over $150 000 to various types of fraud in their eCommerce businesses.