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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 Microbilt ID Verify?

IDVerify utilizes a range of data sources to confirm identities and automatically generates a fraud risk score, providing a dependable insight into your customer base. By integrating premier industry sources with sophisticated analytics, IDVerify successfully verifies a consumer's Personally Identifiable Information (PII) and issues a Fraud Score that assesses the potential for identity fraud among applicants. This cutting-edge solution can operate as a standalone tool or be effortlessly incorporated into MicroBilt's short-term lending underwriting system, either directly or through its associated loan management partners. IDVerify carefully evaluates more than 60 distinct aspects of an individual's PII, such as match indicators for Social Security Numbers, birth dates, names and aliases, addresses, as well as various contact numbers including home, mobile, and work phones. Furthermore, it gathers a detailed address history for each person and performs checks against numerous high-risk attributes, significantly improving the precision and trustworthiness of the identity verification process. By adopting this comprehensive strategy, financial institutions can enhance security measures while also streamlining their lending operations, ultimately leading to a more efficient process for both the lender and the borrower. This holistic approach ensures that potential risks are minimized, allowing institutions to make informed decisions.

Media

Media

Integrations Supported

Aloan
Kinnovis
Lockii
Stora
Stripe
VEVS Car Rental Software
VEVSoftware

Integrations Supported

Autodeals
OpenTransact

API Availability

API Availability

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
24 Hour 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

Microbilt

Date Founded

1978

Company Location

United States

Company Website

www.microbilt.com/product/id-verify

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

Identity Verification

Not specified

Loan Management

Not specified

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