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verification

What is Business Verification, and Why is it Important?

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Business verification is popularly known as Know Your Business. It’s an essential anti-money laundering process for organisations.

Business verification techniques allow entrepreneurs and compliance officers to devise strong policies to onboard business customers, investors, suppliers, and partners. These policies help to manage suspicious account activities and transactions.

Corporations aren’t the only organisations that need business verification. It’s becoming more of an issue for different fast-scaling startups and SMBs that do not always have a committed compliance department like that of corporations. So, all businesses need to figure out whether they’re working with legitimate firms or if it is only a façade. [Read more…] about What is Business Verification, and Why is it Important?

Unmasking the Truth: How Documentation Verification Ensures Precision

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In several fields, such as finance, the public sector, and healthcare, verifying documents is crucial for ensuring accuracy and reliability. This process is essential for building trust and maintaining precision.

In this blog, we will discuss how document verification improves precision by reducing errors and streamlining procedures. [Read more…] about Unmasking the Truth: How Documentation Verification Ensures Precision

Reduced Liability and Efficient Operations: Benefits of Age Verification Systems for Businesses

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In today’s digital landscape, businesses must adapt to an increasingly complex regulatory environment. Now more than ever, companies across sectors face growing liability risks if they fail to verify the age of customers accessing age-restricted products and services.

Implementing reliable age verification systems has become a necessity to reduce legal exposure. However, the benefits extend far beyond risk mitigation. Automating age verification through digital solutions also enhances operational efficiency.

Let’s explore how age verification systems help businesses on multiple fronts. [Read more…] about Reduced Liability and Efficient Operations: Benefits of Age Verification Systems for Businesses

AI and Identity Verification: Revolutionizing Security and User Experience

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In an increasingly digital world, identity verification plays a crucial role in ensuring security and trust in various domains, including finance, e-commerce, healthcare, and government services. Traditional methods of identity verification, such as presenting physical documents, can be time-consuming, prone to errors, and susceptible to fraud.

However, with the rapid advancements in artificial intelligence (AI) technology, a new era of identity verification has emerged, promising enhanced security, improved accuracy, and seamless user experiences. [Read more…] about AI and Identity Verification: Revolutionizing Security and User Experience

New Scale Robotics enhances its automated gauging system through robotic thread verification

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Thread verification is the latest enhancement to New Scale Robotics’ Q-Span Automated Gauging System, a “do-it-yourself” robotic automation system for quality teams in high-mix, small-batch manufacturing.

The Q-Span Gauging System automates gauging processes by combining existing manual gauges with a collaborative robot, grippers for part handling, easy-to-use metrology and robot control software, and automated data collection.

The robot arm loads parts into a fixture and activates the thread gauge to verify or chase threaded holes or external threads. [Read more…] about New Scale Robotics enhances its automated gauging system through robotic thread verification

Denso and KDDI begin testing 5G networks for autonomous vehicles

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Denso and KDDI have begun researching 5G’s use in automated driving to achieve “safe and secure mobility, free from traffic accidents and congestion”, say the companies.

In the verification project, Denso and KDDI will build a 5G environment in a test course at Global R&D Tokyo, Haneda, a research and development center for automated driving operated by Denso.

The two companies will verify driver assistance technologies in automated driving vehicles using high-definition in-vehicle cameras and roadside sensors. [Read more…] about Denso and KDDI begin testing 5G networks for autonomous vehicles

Mitsubishi and Shin Nihonkai Ferry to develop unmanned ship navigation system

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Mitsubishi Shipbuilding, part of Mitsubishi Heavy Industries Group, is collaborating with Shin Nihonkai Ferry to jointly develop autonomous ships.

The two companies have successfully applied for grant aid under the Joint Technological Development Programme for the Demonstration of Unmanned Ships, sponsored by The Nippon Foundation.

With this support, the two companies say they will commence co-development of underlying technologies and systems to enable unmanned ship navigation in the future. [Read more…] about Mitsubishi and Shin Nihonkai Ferry to develop unmanned ship navigation system

Sony and Docomo to test driverless concept vehicle via 5G trial network in Guam

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Sony Corporation and NTT Docomo, Inc. will jointly trial Sony’s conceptual driverless vehicle, the New Concept Cart SC-1, which uses 5G mobile technologies for various remotely controlled functions.

The test will be conducted using the trial network in Docomo 5G Open Lab Guam, which will provide test facilities and an outdoor verification environment constructed by Docomo.

The test will verify data transmission and operational performance required to remotely control the cart from a long distance via the extra-high speed, large capacity, low latency and massive-device connectivity.

[Read more…] about Sony and Docomo to test driverless concept vehicle via 5G trial network in Guam