Aidentix Infotech Limited

SIM Card Registration
Biometrics are becoming increasingly used as a “know your customer” tool for keeping fraudsters out of the customer base, particularly for banks, telecom, and other businesses that rely on granting some level of trust to the customer. A biometric search enables a service provider to detect whether an applicant is attempting to conceal their real identity.

The goal of the SIM card registration process is to combat fraud and criminal activity through securing the identity of subscribers and associating their data with mobile phone numbers, therefore providing a secure database.

In some cases, registration of SIM cards is seen as an opportunity to use a phone as a trusted identity token. With a trusted registration enhanced by biometric search, a phone number can be associated with that registration and used to confirm identity and even make purchases or receive benefits.



 


Banking KYC
Banking KYC process includes ID card verification, face verification, document verification such as utility bills as proof of address, and biometric verification. In case of failure to comply, heavy penalties can be applied. e-KYC also refers to capturing information from IDs (OCR mode), the extraction of digital data from government-issued smart IDs (with a chip) with a physical presence, or the use of certified digital identities and facial recognition for online identity verification. 

The objective of KYC guidelines is to prevent businesses from being used by criminal elements for money laundering. Related procedures also enable businesses to better understand their customers and their financial dealings.