Government-Issued ID OCR, or Optical Character Recognition, is a technology that enables the automatic extraction of text from government-issued identification documents, such as driver’s licenses or passports. The technology uses sophisticated algorithms to analyze the text and images on the ID and convert them into machine-readable data, which can be processed and analyzed by computer systems. This technology is widely used by various industries, including banking and financial services, to verify the identity of individuals and prevent fraud.
By using Government-Issued ID OCR, organizations can streamline their onboarding and authentication (“Know Your Customer” or KYC) processes, reducing the need for manual data entry and improving the accuracy and efficiency of their operations. Government-Issued ID OCR provides a secure and reliable solution for financial services organizations to verify the identity of their customers, ensuring compliance with regulatory requirements and safeguarding against fraud and identity theft.
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Veryfi OCR APIs are pre-trained on hundreds of millions of documents for Day 1 Accuracy™.
Veryfi automatically provides: vendor enrichment, business ID lookup, document categorization, line item expansion & categorization, and due date calculation.
Enable 3-way matching by accurately extracting line item details in invoices, POs, bills of lading, and other documents in your AP workflows and procure-to-pay lifecycle
Veryfi RESTful APIs return formatted JSON with consistent labels for extracted data, so your team can easily integrate Veryfi into your enterprise apps.
OCR APIs with Day 1 Accuracy™ for data extraction of Gov’t-issued IDs, invoices, and other financial documents.
Integrate Veryfi with just a few lines of code, liberating your team to stay focused on building industry-leading customer experiences.