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What is Stripe Identity?

A highly effective way to verify identities is through Stripe Identity, which enables the systematic verification of users' identities globally, thereby minimizing fraud risks while ensuring a smooth experience for legitimate customers. By decreasing the presence of fraudsters and harmful entities, your marketplace or community can significantly bolster its credibility. This innovative solution supports your risk management teams in securely acquiring identity data, allowing them to distinguish between authentic users and imposters. It also simplifies the onboarding experience for users, making identity verification straightforward while adhering to necessary compliance regulations. Moreover, it adds an essential layer of security when granting access to sensitive features or addressing any unusual activities linked to an account. Leveraging the same technology that underpins Stripe's verification process for millions of users worldwide, Stripe Identity is integral to our robust Know Your Customer (KYC) protocols and risk management strategies. In light of the challenges presented by varying government ID standards, Stripe Identity effectively streamlines the identity verification process for a global audience, fostering a safer and more trustworthy environment for all participants. Ultimately, by implementing this solution, organizations can build confidence among their users, paving the way for a more secure digital landscape.

What is Ekata?

Detecting and preventing the creation of fake user accounts is crucial in order to protect loyalty programs from those attempting to take advantage of them. Organizations can significantly improve their risk evaluation processes by cross-referencing customer data with trustworthy external sources. To combat payment fraud effectively, it is essential to make accurate risk judgments at every phase of the transaction, whether it be prior to, during, or following authorization. Simplifying the authorization process is key to reducing friction for customers as they make purchases. The Ekata Identity Engine employs sophisticated data science and machine learning methods to merge two distinct datasets: the Ekata Identity Graph and the Ekata Identity Network. These datasets emphasize critical identity features, converting them into actionable insights that enable businesses to conduct thorough risk assessments of their customers. By validating a larger volume of legitimate interactions, companies can broaden and sustain their customer base. Furthermore, identifying more fraudulent activities allows organizations to protect their financial assets more effectively. Swift risk evaluations facilitate the approval of additional legitimate transactions, thus ensuring the prevention of fraud while simultaneously embracing more reliable customers. This strategy not only enhances security protocols but also fosters improved customer satisfaction and loyalty over time, which can lead to long-lasting business success. The combination of advanced technology and thoughtful risk management creates a more secure and efficient transaction environment for everyone involved.

Media

Media

Integrations Supported

Aloan
Kinnovis
Lockii
Stora
Stripe
VEVS Car Rental Software
VEVSoftware

Integrations Supported

Accertify
Cybersource
Dataview360
Decisimo
Equifax BusinessConnect
Experian Identity Verification
Feedzai
Fraud.net
Kount
TruNarrative

API Availability

API Availability

Has API

Pricing Information

$1.50 per verification
50¢ per social security number (SSN) lookup. Custom pricing available.

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Webinars
On-Site Training

Company Facts

Organization Name

Stripe

Date Founded

2009

Company Location

United States

Company Website

stripe.com/identity

Company Facts

Organization Name

Mastercard

Date Founded

1966

Company Location

United States

Company Website

ekata.com

Categories and Features

Fraud Detection

Custom Fraud Parameters
For Banking
For Insurance Industry
For eCommerce
Internal Fraud Monitoring
Pattern Recognition
Transaction Approval

Identity Verification

Not specified

KYC

Not specified

Categories and Features

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