Veriff's identity solutions allow for patients, healthcare providers, and insurers to access and provide seamless telemedicine.
Ashley Nelson, February 8th, 2022
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Amid a global health crisis, people’s access to their healthcare professionals, medications, and insurance providers is more important than ever. The ability for both patients and providers to feel safe in handling healthcare matters online is extremely important as more of these processes are being moved online to protect the health of the globe. Seamless identity verification technology is one of the answers to ensuring the safety and privacy of patients information, and the integrity of healthcare providers care.
How Veriff can help
Veriff provides trust and safety in virtual healthcare and telemedicine by harnessing biometric identity verification and authentication. Our technology protects online health records, authenticates identities quickly and accurately for virtual healthcare providers, streamlines health insurance claims, ensures prescription security, and a host of other benefits for the telemedicine world.
Veriff’s role in telemedicine:
For healthcare providers and insurers, Veriff can:
“It can not be understated how important making healthcare processes easier for everyone is while we all navigate the global pandemic,” said Ibrahim Al-Taie, Product Marketing Manager at Veriff. “We simplify and secure easy access to digital medicine for patients, allowing patients and providers to safely convene, and help get prescriptions to the right people easily — all with an easy integration of Veriff’s identity verification solution.”
To learn more about Veriff’s role in building trust in virtual healthcare and telemedicine, please visit us here.
EDD in banking involves gathering information in order to verify the identity of customers and calculate the exact level of money laundering risk each customer poses. During the EDD process, the customer is asked for a much greater amount of information than they are during the CDD process, as this information can be used to mitigate the risks involved.
When carrying out due diligence, a financial institution must determine whether they should perform customer due diligence (CDD) or enhanced due diligence (EDD). This is because FATF guidance suggests that companies should adopt a risk-based approach to due diligence that reflects the specific level of risk that each individual customer presents.
Synthetic fraud is incredibly dangerous and is a major problem facing the financial sector. Unlike third-party fraud, where an entire identity is stolen and used to defraud enterprises and victims, synthetic fraud frequently has no specific consumer victim.