Veda, Australia’s leading provider of electronic identity verification services is pleased to announce that it has secured authorized access to the Document Verification Service (DVS), an Australian Government service verifying key Government issued documents. Documents verified by the DVS include driver’s license; Medicare cards; passports, visas and citizenship certificates.
Use of the DVS through Veda is available to any organization with legislated client identification obligations (under Commonwealth law); most often under the AML-CTF. Information provided by a consumer must match that held by the issuing agency. The DVS gateway is the newest enhancement to Veda’s IDMatrix service.
Used by over 100 organisations in Australia, IDMatrix is an electronic service that verifies customers’ identities and can provide a thorough fraud assessment within seconds. This electronic process uses Veda proprietary data, together with document information and removes the need for customers to provide identity documents or to be physically present to show such documents. It eliminates the paper trail of documents which previously required internal resources to manage and also eliminates the ‘double handling’ of identity data which can subject an organisation to potential fraud.
Since 2012, ID Matrix has conducted over 2.5 million verification enquiries, making it Australia’s leading source of on-line identity verification.
Source: Veda Press Release