Identity verification is the process of validating an end user to ensure their digital identity is tied to their real-life identity, such as a drivers license, passport, or other government issued ID. Give your business the confidence that a user interacting with your brand is a real-life human and truly the person they claim to be, instead of someone else or a bot.
Customer identity verification is most frequently employed during the first interaction with an unknown person, or prior to issuing a strong, reusable digital credential. These interactions might include registering for a service, submitting an application or opening an account.
Why verification matters
Provides Convenience with Security
Reduce frustration by making it simple for users to quickly verify their true identity without compromising security.
Prevent Fraudulent Activity
Strengthen security as you reduce the risk of account creation and takeover, as well as reducing risk for parties in downstream transactions.
Meet Regulatory Requirements
Maintain compliance with Know Your Customer (KYC) requirements and other regulations while simultaneously supporting digital transformation initiatives.
Once the real-life identity of the user is confirmed and a digital verifiable credential has been issued to their wallet, subsequent verifications with the digital credential cost a fraction of physical verifications.
What can you verify?
Vehicle Registration and Insurance
Users are prompted to provide a selfie that is passively checked for liveness using ISO-certified technology.
Users scan the front and back of their government ID using their mobile device’s camera and the ID’s authenticity is checked using over 150 weighted analyses and machine learning.
The live selfie is compared to the photo of the user on the government ID and the verified biographic data from the ID is compared to what the user typed in or what is already on file and the results are linked to the user’s identity record.