Every single day, businesses see breaking news about the digital privacy of everyday people being compromised. From huge corporations to foreign governments, everyone seems to be trying to get their hands on personal data. This is why it’s more important than ever that businesses can establish their identity in the digital world using strong and secure methods like an identity verification platform.
Here are three ways you can prove your identity digitally:
1. Picture of an official document
The first way to establish your identity in the digital world is by using a picture of an official document. Although this method may seem simple, it can be quite effective in identifying yourself and proving that you are who you say you are.
Use a photo of an official document, such as a passport or driver’s license, as your profile picture. This can help prove that the person in the photo is indeed who they claim to be. It can help prevent any fraudulent activity on your account by showing others who you are and where you live. If someone were to try to use your name as their own, they would have to prove themselves with a photo of their ID card or driver’s license—and if they don’t have one or don’t have access to one, then they’re probably lying.
Using a selfie for verification
The second way to establish your identity in the digital world is by using a selfie, or a picture of yourself. This makes it clear which one is more likely to be genuine and creates an airtight case for authorities if needed
This can be done in three different ways:
- Uploading it to an online service
- Taking a picture of yourself in front of a webcam
- Uploading it to an online service, then taking a picture of yourself in front of a webcam
Fingerprint that matches
The third way to establish your identity in the digital world is with a fingerprint. You can use a fingerprint scanner on your phone, on a laptop, or at any of these locations:
Although this one might make some people uncomfortable—you could also try using fingerprint identification technology instead of having people identify themselves through passwords whenever possible.
Proving your identity digitally is more important than ever, especially for financial institutions. It’s vital to know who you are when it comes to conducting transactions in the digital world.
While it may seem like a no-brainer, providing your name and address seems to be one of the easiest methods of proving one’s identity. However, knowing who you are online goes far beyond simply providing name and address information. In fact, for financial institutions to comply with know-your-customer (KYC) and anti-money laundering (AML) initiatives they must engage in an ongoing dialogue with their customers so that they can prove who they are not just at point-of-entry but also throughout their relationship with the said institution.
Therefore, businesses must use the technology available to do so. Using an electronic identity verification system allows you to easily prove who you are and prove that you are acting in good faith.