Onfido provides a comprehensive digital identity verification solution that simplifies the onboarding process for various industries. The Real Identity Platform integrates multiple verification technologies into a single interface, combining AI, document, and biometric verification to enhance security and compliance.
Core Features
- Real Identity Platform: Central to Onfido’s offering, this platform integrates AI-driven verification technologies to streamline the user onboarding process and ensure accurate identity checks.
- Onfido Atlas™: An in-house developed AI system that uses machine learning to deliver efficient and fair results in identity verification.
- Smart Capture SDK: Provides a seamless and accessible verification experience, aimed at reducing friction and improving user satisfaction.
Verification Capabilities
- Verification Suite: Includes document verification, biometric verification, and data verification. This suite is designed to accurately confirm identities and reduce risks associated with identity fraud.
- Fraud Detection: The platform incorporates advanced fraud detection features to identify and mitigate potential risks related to identity fraud and financial crime.
Industry Applications
Onfido’s solutions are applicable to a wide range of industries, including:
- Financial Services: Supports compliance with KYC (Know Your Customer) regulations and helps prevent fraud.
- Gaming: Facilitates seamless player onboarding while meeting KYC requirements.
- Healthcare: Assists in verifying patient identities in a secure manner.
- E-Commerce and Retail: Aims to prevent account takeovers and chargeback fraud.
Benefits
- Compliance: Ensures adherence to global and local regulations, including KYC, AML (Anti-Money Laundering), and age verification requirements.
- Cost Reduction: Automates onboarding processes to lower customer acquisition costs.
- Operational Efficiency: Streamlines operations with easy-to-manage workflows and integrates with existing systems to enhance the onboarding experience.
By combining these elements, Onfido aims to offer a robust and effective solution for digital identity verification across various sectors.