31 Aug 2020

KYC-Chain’s Enhanced ID verification

We’ve been focusing on upgrading our product to add new IDV features with enhanced coverage and KYC checks.

KYC-Chain can now provide two levels of individual ID verification checks. On the basic level, ID document authentications, biometric selfie scans and OCR data extraction from a document are a foundation offering of the platform.

Additionally we can now also enhance the available individual checks from ID document KYC to ID data checks as well. Our platform can now verify individual data elements such as full name, residential address, date of birth, passport and ID card number.
ID Data is checked against actual government sources such as India's PAN card database, China's National ID card or UnionPay databases, and Australia's DVS service. This allows matching of residential addresses to an individual's name according to government databases, for example. 

The enhanced ID data check is an extra module to compliment the basic checks if and when a deeper dive is required, which is especially important for supporting the complaint process in the digital vs paper-based environments.

Any Questions?

Our team is always ready to help you and your business.
Get in touch

Latest Articles

We should have some subheading here, it’s good for SEO as well
Streamline Identity Verification Processes for Fintech Companies Using KYC-Chain
Efficient and reliable identity verification is essential for fintech companies to comply with regulations and build trust with their customers.…
21 Jun 2023
Demystifying CDD and EDD: When and Why Are They Essential?
Understanding the significance of Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) is crucial for businesses and organizations that…
16 Jun 2023
Safeguarding Against Crypto Identity Fraud: Exploring Risks and Effective Solutions
Introduction In today's digital landscape, the rise of cryptocurrency has revolutionized financial transactions. However, with this increased adoption comes the…
15 Jun 2023