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Why AI-enabled Age Verification is Better than Manual Verification

03-11-2022 08:14 AM CET | Health & Medicine

Press release from: Fortune Business Insights

Hence, online age verification is what industries should employ, because the consequences are becoming more challenging. This is because vendors most commonly ask for just names and passwords. They are less considerate about customers' age. To protect minors from getting exploited, industries need to accurately verify their identities, especially their ages. This way, they can eliminate the chances of hefty penalties. Online artificial intelligence-based verification is reliable and better in this case as it involves fewer errors and takes less time.

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Age Verification Online - Working Mechanism
Age verification online allows industries to onboard legit customers. They help save minors from fraud and verify identities in real-time. It follows the below-listed steps:

Submission of Date of Birth
When customers select to register on a platform, the system asks them to enter their date of birth in the registration form.

Upload Identity Documents
The customer is then asked to upload identity documents. These include govt-issued ID card, passport, or driving license. Customers can upload these in form of photos or present them in front of a camera during the live call.

Extraction of Data
Moving on, the system extract required data through OCR technology, it then verifies the information by cross-checking it with the provided documents.

Verification and Fetching Results
After successful verification, the system dispatched the results and present them in front of customers. Likewise, it stores the results in the back office.

Industries Liable for Age Checks
Tobacco and Alcohol Industry
Tobacco companies sell a broad range of products. For instance, cigarettes, cigars, electronic liquids, and more. To restrict minors' access to these, the US President passed legislation, the Federal Food, Drug, and Cosmetic Act. according to this, the legal age for tobacco purchase is 18.

Due to minors' consumption of alcohol, the death toll has dramatically risen. The legal age is 18 in most countries. Underaged use fake identities and dates of birth to order products online. This way, they escape verification checks. Therefore through age verification online and KYCC, industries can make sure that they are dealing with the right aged customers. So much so, they can eliminate chances of hefty fines.

Gaming Industry
All the gaming platforms in the UK are operating by following guidelines from Act 2005. As per these, gaming platforms can not onboard players under 18 years of age. Lotteries, and betting sites all fall under these regulations. The UK requires verification of name, age, and address before onboarding players. Therefore, gaming and gaming platforms are required to employ robust seamless age verification.

Digital Platforms
Similar to the rest of other industries, digital platforms are also mandated to verify age. Therefore, the UK central government implemented Digital Economy Act 2017. According to this, digital platforms with age-restricted content are obliged to verify identities before providing services. Platforms include dating and other adult sites.

In a Nutshell
Age verification ensures regulatory adherence, also it is a corporate social responsibility. With strict regulations and changes in previously-mandated requirements, no industry can leave verification unattended. Minors are a valuable asset for every country to protecting them from online frauds is their prime responsibility. Therefore, regulations save them from getting exploited. So much so, industries using age verification solutions can ensure progressive growth alongside secure customers onboarding.

About Us
Shufti Pro ltd is a UK-based identity verification firm that aims to assist enterprises in validating their users through document verification and biometric authentication. Its Machine learning identity verification, AML screening, and biometric authentication assistance programs encourage companies in attempting to make financial transactions and authenticating a reliable customer base. It does provide OCR for large corporations to pinpoint and access information from just about any source document autonomously.

Contact Us
Shufti Pro
Office 409 Coppergate House, 10 Whites Row, LONDON E1 7NF, UK
marketing@shuftipro.com

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