You can see the image of a sample bank statement with the Qryptal QR as given below. This QR code is added as an image using the Qryptal (or similar) generator and the same can be validated using the dedicated Secure QR validator app. These QR codes capture the account related data at the time of generation of the statement into a QR code that is signed by the private key of the issuing bank and with adequate security which makes it impossible to forge or tamper. You can make them tamper-proof and easily verifiable with the Secure QR Code. It is important there be a simple method that helps in achieving the dual purpose of eliminating tampering allowing the documents to be trusted and easily validating such statements. Your bank’s account statement or a loan approval letter may need to be verified by third parties for visa processing, collaterals, other loans approvals and son-on.
How Secure QR Codes can solve such a problem in your Bank? Overall it imposes costs on society at large and creates unnecessary friction and reduces productivity. It adds to the time and cost of hiring, applying for visas etc as each document must be verified against the source. They deny genuine applicants an opportunity to study, get jobs, they raise costs for employers as poor hiring can lead to subsequent costs for firing, rehiring, additional training etc. News Story Involving Fake Account Statements in Telanganaįake documents can create a lot of issues. That makes it hard for third-party verifiers to determine the authenticity of the document. Such fake document services are available for as low as Rs 1,000, and the technological advances have made it easy for scamsters to make these documents “look” like originals.
This is done by forging or making ‘fake account statements’ and ‘fake loan approval certificates'. Some students that don’t have this kind of money by fair means, resort to fraud. In a recent expose on ( ), Indian Express reported that a typical student wanting to study in the USA or Canada is required to show a bank balance between Rs 25 lakh (USD 35,000) and Rs 50 lakh (USD 70,000) Secure Bank Account Statements with Qryptal QR Code and avoid billions of dollars in damages each yearģ reasons Why Bank Account Statements should be secured using Qryptal QR Code technology.
0 kommentar(er)
