Giving 'Face' to Non-face-to-face Client Identification

Absztrakt

Traditional Face-to-face Client Identification methods are more and more replaceable by rapidly developing modern technology giving wide range of options to unify identification, authentication and validation methods into one real time system. Soon businesses will be able to identify and authenticate prospective Clients located on the other side of the globe in a cost and time efficient, convenient way while minimizing well known operational, credit and money laundering risks. This article presents a possible scenario with its advantages and limitations to switch to real time online distance verification from the traditional face-to-face client identification.