Advanced Document Scanning Software
Modern online document scanning solutions leverage artificial intelligence, machine learning, and computer vision to digitize, analyze, and manage a variety of documents.
The primary goals of a modern AI document scanning solutions in to extract information accurately, ensure data validation, enhance data security, improve efficiency, eliminate manual data entry errors, and reduce paper usage and storage requirements.
To successfully extract information from the documents, advanced scanning solutions use OCR, MRZ, and NFC to get accurate results.
Remote Identity Verification
To remotely verify an individual’s identity, the organization must ascertain if the customer undergoing onboarding is indeed the person they claim to be, and whether they are physically present.
In the identity verification process, the customer’s identity document or passport is processed. Personal data, including first and last name, date of birth, ID number, expiration date as well as photography are extracted from the document through Optical Character Recognition (OCR), Machine Readable Zone (MRZ), and Near Field Communication (NFC) and cross-referenced and validated with face recognition.
This also involves verifying the authenticity of the document to prevent tampering.
The subsequent step involves biometrically verifying the customer’s selfie against the biometric template created from the photograph extracted from their ID during document processing. Simultaneously, liveness detection employs various biometric measurements to confirm that the customer’s face is live and genuine, rather than a replica.
Two primary approaches to liveness detection exist: active and passive. Active liveness detection requires customers to perform specific actions, such as nodding, moving their eyes, blinking, smiling, moving their heads, device, or speaking.
In contrast, passive liveness detection, which has gained popularity, operates inconspicuously in the background during selfie capture, making it more challenging for fraudulent attempts to spoof the system.
Optical Character Recognition (OCR)
At the core of modern online document scanning lies Optical Character Recognition, or OCR. OCR is a technology designed to convert document information into machine-readable text. This is accomplished through a process that scans documents, identifies characters, and translates them into digital text that can be stored digitally.
OCR is suitable for extracting text from documents and identifying document type, full name, expiration date, DOB, address, and more.
Digital Customer Onboarding Process
In a digital setting, businesses deploy various apps or websites to acquire new customers and remotely verify their identities. Mobile apps that enable customers to complete the entire sign-up process using their mobile devices are commonly used.
These applications rely on a combination of technologies, including optical character recognition (OCR), document authenticity checks, MRZ parsing, and NFC chip reading to process the customer’s identity document or passport.
This data is then used to cross-verify the customer’s identity against their selfie. Facial biometrics compares the selfie with the photo on the document, while liveness detection ensures that the user is genuinely ‘live’ and real.
Numerous companies offer digital onboarding platforms and services for enterprises and organizations, as well as technology providers offering customizable digital onboarding solutions.
Machine Readable Zone (MRZ) Scanning
Machine Readable Zone (MRZ) scanning is a standardized format commonly used in identification documents, including passports and ID cards. The MRZ contains essential personal information laid out in a format that is easily readable and extractable by machines.
Modern AI document scanning incorporates MRZ recognition to rapidly capture information from identification documents. The MRZ typically includes the document holder’s name, date of birth, and passport number. By scanning the MRZ, businesses can instantly verify customer identities and streamline onboarding processes.
Customer Onboarding Procedure
The primary objective of the digital onboarding process is to remotely verify a customer’s identity, involving the examination of the client’s identity document and their face, along with presentation attack detection. While document processing and face verification technologies have been in use for some time, the challenge lies in ensuring the authenticity of the live, real person being onboarded.
The advent of video calls as a replacement for in-person visits marked a significant shift in this domain. With sophisticated spoof attacks on the rise, businesses and even governments are increasingly turning to facial recognition and liveness detection to securely verify identities online.
NFC Check: A Secure Verification Process
Near-Field Communication (NFC) is a technology that enables two electronic devices to communicate when they are in close proximity. In the context of document scanning, NFC can be utilized to extract data and verify the authenticity of identification documents.
Modern AI document scanning can swiftly read and validate NFC chips embedded in documents. NFC technology enhances document scanning by adding an extra layer of security and trustworthiness, making it particularly valuable in applications where document authenticity is of utmost importance.
Best Practices for an Effective Digital Onboarding Experience
Efficiency and user-friendliness are essential in digital onboarding to make a strong first impression. The identity verification process should be as smooth as possible to prevent user abandonment of time-consuming procedures or malfunctioning apps. To align with users’ expectations of a fully online process, digital onboarding should be entirely paperless, eliminating the need for physical document submission or branch visits.
Efficiency is key to ensuring that the onboarding process is quick, employing state-of-the-art technology for real-time identity verification. Furthermore, digital onboarding solutions should be accessible anytime, anywhere, and should function with low bandwidth or offline capabilities directly on users’ devices.
Security remains paramount, and organizations must only employ digital onboarding solutions that are capable of thwarting fraud attempts and safeguarding user data.
Data Extraction and Validation
After scanning the document and checking OCR, MRZ, and NFC, the data from the document is sent to validation, where the system ensures the accuracy and reliability. Data extraction involves identifying and extracting specific data fields, such as names, dates, and addresses, from scanned documents.
For example, when scanning a driver’s license, the AI system can extract the driver’s name and date of birth. Subsequently, data validation verifies the extracted information to ensure its accuracy.
This verification process may include cross-referencing the data against external sources or databases. In cases where data validation fails, the system can trigger alerts for manual review.
Data extraction and validation play a crucial role in various industries, from finance and healthcare to e-commerce and travel, where accurate data is essential for reliable transactions, regulatory compliance, and personalized customer experiences.
Digital Onboarding in Banking
The banking sector witnessed a rapid evolution in biometric-based digital onboarding, particularly during the pandemic. In banking, digital or client onboarding refers to the process of opening a bank account or accessing other banking services entirely online, typically through a mobile device.
Banks have a legal obligation to conduct Know-Your-Customer (KYC) checks. This requirement has led to the development of electronic Know-Your-Customer (eKYC) processes, which involve securely verifying a client’s identity digitally.
In the eKYC process, the bank must ensure the client is who they claim to be, which is especially challenging when online identity fraud is on the rise.
Digital onboarding plays a crucial role in addressing this challenge by verifying the client’s identity through document processing and biometric facial verification, including liveness detection.
Introducing ScanDoc: Your Ultimate Online Document Scanning Solution
ScanDoc is a cutting-edge online document scanning solution that harnesses advanced AI deep learning algorithms to provide quick and easy document scanning while ensuring data accuracy and validation.
This versatile tool empowers businesses and individuals to streamline document management and data extraction processes with ease.
Benefits of Using ScanDoc for Your Document Scanning Needs
Utilizing ScanDoc for your document scanning needs offers numerous advantages:
- Time Efficiency: ScanDoc simplifies and accelerates the document scanning process, saving you valuable time.
- Accuracy: With advanced OCR and data validation, ScanDoc ensures that your scanned documents are error-free and reliable.
- Versatility: ScanDoc supports a wide range of document types, making it suitable for various industries and applications.
- Data Security: ScanDoc prioritizes data security, protecting sensitive information from unauthorized access.
- Streamlined Workflows: ScanDoc optimizes your document management workflows, improving overall efficiency and productivity.
- Improved Customer Experience: By streamlining processes and reducing errors, ScanDoc helps enhance the customer experience and build trust.
- Cost Savings: By eliminating manual data entry and reducing paper usage, ScanDoc can lead to cost savings in the long run.
Conclusion
Modern AI document scanning, driven by technologies such as OCR, MRZ scanning, NFC checks, and data extraction and validation, has revolutionized document management in today’s digital age.
This approach offers a faster, more accurate, and efficient way to handle documents across a wide range of industries.
ScanDoc, a powerful document scanning solution, empowers businesses and individuals to simplify their document management processes while ensuring data accuracy and validation.
Its user-friendly interface, multifunctional scanning capabilities, and commitment to data security make it a valuable tool for anyone seeking to streamline document scanning and management. With ScanDoc, you can stay ahead in the fast-paced world of modern document scanning and experience the numerous benefits it brings to your workflow.
Click here and contact us for more information about ScanDoc.