Identity Verification
We are the first to offer a hybrid solution to identity verification: every automated face identification is re-evaluated by a human KYC expert, which is covered by professional liability insurance guaranteed by Lloyd’s Insurance Group.
How does our identity verification work?
We are the first in the market to offer a hybrid solution for identity verifications: automated face identification + human KYC expert’s review + professional liability insurance by Lloyd’s. All your customer needs are Internet access, a smart device (computer with a webcam, smartphone, tablet) and their valid ID document. First, the customer takes a picture of his/her face (either one simple photo or by turning his/her head right and left – liveness detection) and then a picture of his /her identity document (ID, passport, residence permit). All of this is completed in 60 seconds and the customer receives an initial verification, after which a human KYC expert reviews the photos and within a few moments provides final confirmation of the person’s identity. Our hybrid verification solution combines the best of machines and humans.
Benefits of our identity verification:
We provide a state-of-the-art streamlined experience by offering an instant, simple, and fully digital identity verification that meets requirements for KYC and AML
We dramatically reduce user friction and verification times as our identity verification is clear and quick
We guarantee that the identity document is real and authentic by checking it against known document templates to ensure that all security checks (e.g. font types, watermarks, holograms etc.) are executed
We perform two types of identity verification – one simple photo of a person’s face or a live check to verify that the person in a selfie is a real human being and can be compared to the photo in the ID provided
We calculate a score based on how similar the two faces in the selfie and in the document are
Our selfie isn’t just a user-friendly way to identity verification – our live detection also effectively protects against multiple ranges of potential fraud attacks
We bring trust to the relationships you build through digital channels by offering real time, KYC and AML-compliant identity verification processes
We maximize conversion rates by offering customer enrolment through digital channels, thus significantly improving user experience
We increase companies’ ROI and reduce onboarding costs by 40% by eliminating manual interaction and the need to organize physical meetings
Our face and document identification are used not only for identity verification but also for preventing fraud, mitigating risk, verifying age and other uses
Our system provides a standardized set of fields that can be applied to all countries and territories