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What is Veriff?

Veriff stands out as the go-to identity verification and authentication platform for some of the most forward-thinking and rapidly expanding organizations worldwide, spanning online marketplaces, financial services, gaming, mobility, and beyond. By merging artificial intelligence with dedicated human verification teams, Veriff effectively deters malicious entities while ensuring that legitimate users encounter minimal obstacles throughout their customer experience. This innovative approach allows companies to foster customer confidence through efficient, AI-driven identity verification and authentication processes. The Veriff IDV platform provides robust, scalable solutions that are widely trusted across various industries. With an impressive 98% automation rate in checks and an average decision-making time of just six seconds, Veriff boasts an extensive database containing over 12,000 identity documents. Furthermore, the platform's exceptional user experience facilitates verification for 95% of users on their initial attempt, reinforcing Veriff's reputation as a leader in the identity verification landscape. Organizations leveraging Veriff's solutions can significantly enhance their security measures while streamlining user interactions.

What is Veri5 V-CIP?

An AI-driven Customer Identification system was launched in response to the RBI's approval of VCIP, significantly improving the customer onboarding process by automating document collection and facial recognition. This innovative system enables businesses throughout India to conduct KYC verifications quickly, completing the entire VCIP procedure in less than a minute by digitizing document collection and employing AI-driven facial authentication. By effectively linking with government-supported databases, the technology accurately extracts information from identification cards, making the verification process seamless. The identity verification is further strengthened by matching the photo on the ID with live video footage captured during the interaction with an agent, thereby confirming the individual's physical presence through a liveness check. In addition to this, the process also captures the acceptance of terms and conditions to maintain non-repudiation, ensuring that all parties are aware of the agreements made. We also offer the choice of in-person verification alongside algorithmic assessments, with the final KYC approval provided by your assigned agent. Furthermore, our APIs and SDKs allow for effortless integration with your existing customer applications, whether they are mobile or web-based, ensuring a hassle-free experience. This cutting-edge approach not only simplifies operational workflows but also bolsters security measures and compliance standards within customer verification processes, ultimately fostering greater trust in digital transactions.

Media

Media

Integrations Supported

Authsignal
CREDITONLINE
Cliénta
Formalize
Macrobank Core Banking Software
Marengo
Mindflow
Native Commerce
PASS2RENT
PremierCashier
Zapier

Integrations Supported

Quickwork

API Availability

Has API

API Availability

Has API

Pricing Information

$49/month
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS
Android
iPhone
iPad

Supported Platforms

SaaS

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub

Company Facts

Organization Name

Veriff

Date Founded

2015

Company Location

Estonia

Company Website

www.veriff.com

Company Facts

Organization Name

Veri5Digital

Date Founded

2012

Company Location

India

Company Website

veri5digital.com/vcip-video-identification/

Categories and Features

Age Verification

Not specified

AML

Behavioral Analytics
Identity Verification
PEP Screening
Watch List

Authentication

Biometric
Multifactor Authentication
Self Service Portal
Single Sign On
Social Sign On

Compliance

Archiving & Retention
Artificial Intelligence (AI)
ISO Compliance

Crypto Compliance

Not specified

Facial Recognition

Not specified

Fraud Detection

Access Security Management
For Banking
For Crypto
For eCommerce
Pattern Recognition

GDPR Compliance

Not specified

Identity Verification

Not specified

KYC

Not specified

Categories and Features

Document Collection

Not specified

Identity Verification

Not specified

KYC

Not specified

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