Digital Identity for the Automotive Industry
The automotive financing industry can benefit from digital identity services in many ways, including compliance with AML and KYC regulations, license verification and the prevention of fraud while providing customers with a more streamlined, efficient experience.
Digidentity's technology can be integrated with existing systems and processes, making it easy for the automotive industry to incorporate identity verification into its workflows. This can help the industry meet its requirements for identity verification while also improving efficiency and reducing costs.
Comply with regulations, prevent fraud, improve the customer experience, and streamline your operations.
Know your customer (KYC) and anti-money laundering (AML) regulations
Our robust digital identity solution meets the highest regulation requirements like KYC and AML by providing a secure and reliable way to verify the identity of customers . This also helps assess the risk of potential money laundering or terrorist financing activities.
Driver's license verification
Digital identity solutions can help automate the verification process of authenticating drivers’ licenses. This reduces the need for manual processes, saves money, time and improves accuracy while reducing errors.
Fraud prevention
Help verify the identity of customers, assess the risk of potential fraudulent activity, and prevent unauthorized access by verifying the identity of the person requesting vehicle finance.
FSIs face significant security risks and are highly regulated, so we use advanced encryption technology to protect personal information and prevent unauthorized access. We also offer smart checks like multi-factor authorization as well as a ‘liveness’ checks to make sure the person being verified is who they say they are.
Seamless customer experience
Provide a fast and convenient way for customers to verify their identity and complete the financing process from anywhere using digital identity services.
Accessible online or via mobile app, our verification process can be completed anywhere, which is a simple, smooth process that creates a positive customer experience. Our solution can handle high volumes of verification requests and is easily integrated into existing systems, which means Digidentity is suitable for financial institutions of all sizes and stages.
Let Digidentity assist you with digital identity solutions
VERIFIED VEHICLE REGISTRATION AND OWNERSHIP
Prevent fraud and ensure the correct person is listed as the owner of the vehicle by verifying the identity of the person registering or transferring ownership of the vehicle.
SEAMLESS VEHICLE MAINTENANCE AND REPAIR
Digital identity verification can track the maintenance and repair history of a vehicle, the identity of the person who performed the work and the date it was performed. This service ensures the SERMI standard is met and that vehicles are kept safe and reliable.
CAR-SHARING AND RENTAL AUTHORISATION
Digital identity verifies the identity of individuals renting or sharing a vehicle, preventing fraud and ensuring only authorised individuals can use the vehicle.
EFFICIENT AND SAFE VEHICLE FINANCING
Streamline the vehicle financing process with secure identity verification and digital signing.
You might also like:
