As the world becomes more technologically advanced, it is crucial for businesses and organizations in different sectors to verify the identity of consumers and the people they interact with. Unfortunately, malicious actors have used these technological advancements to become proficient in creating fake identity documents that can deceive seasoned security personnel. Companies and organizations have embraced optical character recognition (OCR) technology to scan and authenticate IDs.
OCR technology has revolutionized how companies collect, verify, and manage the data on ID documents. OCR lets ID scanners read the text on physical ID documents and translate them to machine language in a few seconds. This feature means an ID scan takes little time and is very accurate.
OCR works on modern ID documents like e-passports, driver’s licenses, and office ID cards. It uses advanced pattern recognition, which helps scanners analyze printed and handwritten text and convert it into a format that machines can read. This lets ID scanners process information like names, addresses, dates of birth, and nationality listed on ID documents quickly and accurately with minimal human input.
ID scanning with OCR technology improves efficiency because traditionally, security personnel would manually input an ID holder’s details into a computer to find their information on a database on the cloud. If the information in the database matches what is on their ID document, the holder’s identity is verified.
Modern ID scanners are not prone to the errors humans make when entering an ID holder’s details into a computer. For example, security personnel at an airport may make mistakes when entering a long foreign name into their system. This can cause an ID mismatch and a false negative. OCR technology minimizes errors during the ID verification process by accurately reading the characters on the ID documents and rapidly searching the database for a match.
The ability to accurately scan IDs in seconds is crucial because it stops fraudsters in their tracks and helps businesses be certain that the people they are dealing with are who they say they are.
Business Sectors That Need ID Scanners
While there are many sectors in which businesses need ID scanners, the following are critical because they deal with many customers, and identity theft can be costly:
Finance
Banks, credit card companies, and other financial institutions need to use ID scanners that have OCR technology to verify the identity of their customers. This will prevent financial crimes like identity theft and credit card fraud. Financial institutions are bound by regulations that require them to protect their customers, and non-compliance attracts penalties.
Healthcare
Healthcare institutions can use ID scanners equipped with OCR technology to effectively manage their patients’ information. When new patients enter a hospital, their ID is scanned and their information is recorded in an electronic medical record system. Whenever they visit the institution, their file can be easily retrieved from the system and updated, thereby reducing errors and mixups.
Travel
In the travel industry, security personnel have to verify the identity of would-be travelers to ensure the safety of every passenger. OCR-powered ID scanners make this process seamless and efficient, which improves customer experience.
Endnote
ID scanning is becoming more efficient and the introduction of optical character recognition technology takes it to a whole new level. OCR coupled with artificial intelligence makes it easier for ID scanners to read a wide range of ID documents with different fonts and convert it to a machine-readable format. This way, companies can seamlessly verify their customers’ identity and protect themselves from fraud.