Postident and Video Ident methods are now established mechanisms for proving one’s identity from home. For instance, these methods are necessary when opening a bank account or registering for a qualified electronic signature to be able to conclude digital contracts. From an entrepreneurial point of view, these identification methods offer clear advantages but also require time and cost for execution. In contrast, the new Auto Ident method relies on artificial intelligence and saves human resources within companies.
In the Auto Ident method, the software matches the person and the identity document. In general, mobile apps or other software solutions are used.
An AI checks the authenticity of identity documents. In this way, you can already reduce many fraud cases.
The AI uses video-based analysis to recognize authentic security features, e.g., holograms on the ID document.
The AI uses video-based analysis to identify authentic security features such as holograms on the ID document.
If you would like to introduce Auto Ident in your company for registration processes or electronic signatures, a corresponding software solution can be integrated into the internal platforms. Auto Ident processes are highly configurable and easily adjusted to individual user needs. For example, identification by photo or video can be configured. The implementation is, therefore, highly customizable.
Auto Ident is particularly popular in the financial sector because it offers a high level of security. The possibility of linking different networks, modern technologies with existing identity and bank data, and a qualified electronic signature (QES) offer a very simple, fast, secure, and, above all, legally compliant identity verification by the Money Laundering Act (AML).
Auto Ident is particularly fraud-proof because the false rate (non-success cases) is far below 1 percent. Furthermore, the security structures of established banking houses are used, and licensed and certified Trust Service Providers (TSP) have their locations in the EU legal area.
Auto Ident vs. Video Ident
The Auto Ident offers clear advantages over the Video Ident procedure:
Software solutions that learn from application errors and become even better are faster and more efficient than face-to-face checks. Most importantly, this avoids long waits for a staff member.
With AI, you can immensely reduce human resources costs and relieve employees of unpleasant tasks that often reduce motivation and performance.
If Auto Ident is heavily regulated, this procedure offers full legal compliance with the requirements of the AML-laws and the eIDAS Regulation.
An identification check using AI requires a qualified electronic signature, the use of existing online bank accounts of the consumers, and a legally compliant identity check with a photo- or video-based comparison of an identity document.