- Compliance with regulations, including KYC (know your customer), AML (anti-money laundering). There are real financial penalties for not getting identity verification right.
- Avoiding risks of fraud by ensuring that government-issued IDs are authentic and unaltered and by validating that the person associated with that ID is physically present.
- Reducing abandonment rates by providing convenient identification and capturing the client at the point of interest.
Customers, in their turn, have an opportunity to quickly and easily use safe services from the comfort of their own home at any time of day or night.