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Financial Institutions
ID-Check FastForm for Financial Institutions is a software application that works
by scanning the bar code or magnetic strip on the back of a driver’s license or
Government ID. We automate this data into usable elements, such as name and address.
The data then automatically populates the fields to any computer screen taking only
1 second. Financial institutions have implemented our technology for new account
set up, and also at the teller stations, which has proven to dramatically reduce
fraudulent check cashing.
A simple scan replaces over 200 key strokes on a keyboard and eliminates all of
the potential undetected errors. Statistics show that an undetected error occurs
every 500 keystrokes. This equals one undetected error in every two new accounts
that are set up.
Eliminate data entry error, improve customer service and efficiency at the new account
areas, and reduce fraud in the teller stations with our patented ID technology.
Read about our technology in this case study from FiServ and Greer National Bank.
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