GOLDPoint and IDScan Are Your New Dream Team for ID Verification

As GOLDPoint Systems (GPS) expands and our list of clients grows, we are constantly forming connections with other fintech/SaaS vendors as well. This helps us be as diverse as possible in our service offerings to new clients and our compatibility with existing systems.

Our latest partnership is with IDScan.net, an industry leader in adaptive AI-based identity verification and document authentication. Integrating our suite of lending software with IDScan’s digital identity verification (DIVE) service provides our clients with more secure (and streamlined) onboarding, compliance, and fraud prevention. Through this partnership, GPS clients can seamlessly integrate DIVE into their lending platforms for robust protection that doesn’t hinder the customer experience.

Who is IDScan?

IDScan.net is the leading AI-powered identity verification platform focusing on age validation and fraud reduction for high compliance industries. It performs more than 18 million ID and identity-related transactions monthly for more than 7,500 customers including Hertz, Jack Henry, AMC Theatres, Chevrolet, MRI Software and more. 

What Does This Mean For GPS Clients?

Your institution can now access IDScan.net’s remote identity verification, face matching, and anti-spoofing measures. Institutions using our Lending Engine can embed identity checks without requiring standalone systems or duplicate data entry. IDScan.net’s biometric and document analysis can also help institutions meet Know Your Customer (KYC), Anti-Money Laundering (AML), and regulatory mandates. Finally, this integration automates much of the digital and in-person onboarding experience for increased efficiency.

How Does Digital ID Verification Work?

Before a transaction is processed, the customer will receive an identity verification request by SMS or email. They will take photos of their ID document using their mobile device’s camera and send them back to be processed by DIVE. In the meantime, they will be walked through randomized liveness checks on video while DIVE uses face matching technology to confirm they are the rightful ID holder. 

Why is ID Scanning and Verification a Good Idea?

Remote ID verification is a crucial need for lenders who largely or fully operate online. Synthetic identity theft is on the rise as AI-backed fraud tactics leverage stolen information to create sophisticated fake IDs. As your institution grows, strong automated identity verification services will reduce operational overhead and the burden on your developers.

Learn More About Digital ID Verification and Scanning Solutions

Integrated identity verification features are now being rolled out GPS clients. To learn more or request a demo, visit IDScan.net’s banking identity verification page or the GPS integrations page.