3 Ways ID Scanning is Crucial to Operations in the Financial Industry

Operating a successful financial institution, whether it is a bank or a credit union, takes more than crunching numbers. As the manager, you have a responsibility to ensure that your day to day operations are running as efficiently as possible while ensuring security and a positive customer experience. Customers don’t want to open an account where it will take forever to sign them up and financial institutions don’t want fraudsters depleting their profits. Below you will learn how ID scanning will help with all of these issues.

  1. Fraud Prevention:
    • Scanners with UV technology help detect IDs with fake holograms.
    • Software like WizzForms have an ID validation component in which users receive an error notification if the ID formatting is different than that of the government issued ID’s.
    • Higher level authentication vetting is available. Companies like IDScan.net that have partnerships with corporations such as Transunion can provide higher level identity vetting with their background checks. This includes running the ID against government watch lists such as OFAC as well as many others.
  2. New Account Automation
    • Scan ID & collect customer information in less than 1 second.
    • Populate ID information directly into your customer database.
    • 100% accurate data capture.
  3. Solutions for Every Environment
    • Mobile and laptop/desktop solutions available.
    • ID scanning SDK is available to use with existing financial applications.
    • Out-of-the-box solutions available.

ID Scanning & The Hospitality Industry: Guest Experience is Crucial

ID Scanning goes well beyond age verification. It helps businesses in a variety of industries increase productivity, automate data capture, streamline visitor management and optimize operational efficiency. The hospitality industry is no exception. ID scanning automates guest check-in; this not only increases efficiency but provides a better experience for hotel guests. Below, you will learn how this process works and the best solutions for small/mid-sized operations as well as larger chains.

With technology from a company like IDScan.net, hotel operators scan a guest’s ID and collects their information in less than 1 second. The information that the scan collects is up to the hotel operator. Once you determine what information you want collected, after the ID is scanned, IDScan.net’s software populates it directly into your PMS. There are a few different scanning options in terms of software depending on whether the hotel is a large or small operation.

Larger Hotels. If you are part of a large hotel operation and have your own application, then an ID scanning SDK such as that from IDScan.net would be your best option. The SDK will give you the ability to have the ID scanning component built directly into your own application. This way you can continue to use your application without any additional steps.

Smaller & Mid-size Hotels. If you are a somewhat smaller hotel, then the ID scanning solution-WizzForms Plus M280 would be your best option. WizzForms Plus is an app that is essentially a keystroke emulator. It will populate your PMS according to the profile you create which tells the app where to input what. In addition, it captures images of the ID and credit card so you can link said items to the ID scan and search for them later if necessary. This is great when it comes to fighting chargebacks.

Regardless as to whether you are part of a large chain or a boutique hotel, providing a positive guest experience and operating at your highest level are invaluable assets. To learn more about IDScan.net’s hospitality solutions click here.

firearms

Firearm Retailers: 5 Things You Must Know

5  Things Firearm Retailers Must Know about ID Scanning to Streamline Operations and Increase Safety

Automate Data Entry on Form 4473. Applications like IDScan.net’s WizzForms, will populate Form 4473 in less than 1 second with the information stored on the buyer’s ID. Rather than sit there and manually type out the information, the WizzForms software will do it for you. This will not only save retailers time but will ensure that they have 100% accurate data capture.

Use with Your Firearms Platform. You can populate your firearms platform with a customer’s information whether you are issuing them a permit or disposing of a firearm.

Eliminate Paperwork. ID scanning will allow you to eliminate paperwork so you can increase your operational efficiency and get organized. Software like IDScan.net’s VeriScan Plus will easily streamline your operations. VeriScan Plus collects the information from a customer’s ID in less than 1 second and stores all data collected which can then be easily accessed at any time, be it for demographic analysis or sharing information with law enforcement. Retailers have the option of grouping customers such as “Gold Customer” or “Banned.” It also has the capability to enable fingerprint technology so once the fingerprint is captured, a customer can scan their fingerprint without having to take out their ID.

Enable Higher Level Identity Authentication. ID scanning enables retailers to reduce fraud and minimize liability. Certain ID scanning hardware will detect fake holograms with UV technology. ID scanning applications such as WizzForms and VeriScan Plus will provide an error message if the formatting of the ID does not match that of government issued IDs. For further authentication, some retailers utilize watch lists by running IDs against said lists.

Existing Applications. If you have your own application, IDScan.net’s ID scanning SDK will work with it. The ID scanning SDK will allow you to capture customer ID information with your  application. We have SDK’s available for single licenses as well as for large scale deployments.