We’re constantly working to create new technologies and improve existing solutions that financial institutions can deploy to prevent fraud, enroll new customers, and enrich the user experience
LA VEGAS (PRWEB) October 12, 2018
As the first to market with mobile ID scanning capabilities nearly a decade ago, IDScan.net continues to pioneer technologies to meet the rapidly evolving needs of financial institutions worldwide. The company will be unveiling its latest FinTech innovations at Money20/20, which is billed as the “home of the Money Revolutionaries and those playing a key role in the movement to fundamentally disrupt and enhance every aspect of money.” IDScan.net developers will demo their cutting-edge solutions at Money 20/20 Booth K33 on Oct 21-24 in Las Vegas.
“We’re constantly working to create new technologies and improve existing solutions that financial institutions can deploy to prevent fraud, enroll new customers, and enrich the user experience,” said Denis Petrov, the CEO of IDScan.net. “One of our solutions I’m most excited about is allowing new bank customers to simply take a picture of the front and back of their ID along with a selfie to instantly enroll as a customer and apply for loans. It’s as easy as 1-2-3 and quicker and more accurate than manual data entry.”
IDScan.net’s solutions allow financial institutions to authenticate government-issued IDs from anywhere in the world and onboard new customers within seconds and with 100 percent accuracy. With the data harvested from IDs, the solutions can automatically run credit, OFAC, DMV, and other checks. Important to financial institutions, the solutions also meet compliance regulations, such as KYC requirements.
Offering enterprise solutions, IDScan.net’s technology can seamlessly integrate into a financial institution’s native app or mobile website. They can also be customized with add-on features, like facial recognition, which allows banks to detect, identify, and verify individuals on and around their premises using a cutting-edge human analytics platform.
Also being featured at Money 20/20 is IDScan.net’s newly-released local cloud capability. It allows banks to host IDScan.net’s software on their private, internal clouds, providing them with the benefits of the cloud without compromising security. Banks can use this feature to optimize operational efficiency, improve security, and prevent fraud.
To learn more about these solutions and how IDScan.net is aiding financial institutions, visit us at Money 20/20 Booth K33 or call 888.430.8936 to schedule a demonstration.
IDScan.net offers the highest quality ID scanning solutions to quickly and easily capture and verify an individual’s information. With 100% accuracy, our technology can tell your front line staff what they need to know about the person standing in front of them. Trusted by leading financial institutions and top tech brands like IBM and Panasonic, our suite of customizable solutions is being deployed by leaders across industries from gaming and hospitality to retail and finance. As the first company to market with mobile ID scanning capabilities, IDScan.net continues to pioneer cutting-edge technologies that anticipate the rapidly evolving needs of tomorrow. For more information, visit IDScan.net.