iDenfy vs. Asti Video KYC

An all-encompassing solution for confirming identities, detecting fraud, and ensuring compliance is now available. iDenfy employs a three-tiered approach to identity verification, safeguarding startups, financial institutions, online gambling platforms, streaming services, rideshare companies, and various other digital enterprises from identity fraud. This method effectively shields organizations from the most harmful types of identity fraud that can occur. The platform provides an extensive range of fraud prevention tools, such as business verification, proxy detection, fraud scoring, and anti-money laundering (AML) screening, alongside ongoing monitoring and NFC verification, among other services to combat fraud. Since its inception prior to the establishment of AML, GDPR, and various fraud regulations, iDenfy has been at the forefront of the identity verification industry, mastering the complete verification process by integrating AI biometric recognition with meticulous manual checks to confirm the authenticity of users. Utilize our ID verification software to potentially reduce identity verification expenses by up to 40%, as you will only incur costs for successful verifications. By employing iDenfy, businesses not only enhance their security measures but also streamline their operational efficiency.

Our comprehensive verification platform simplifies the onboarding process for users and supports significant growth for businesses. This cutting-edge solution reduces the onboarding duration from the typical 5-10 days to less than 5 minutes, even when users are accessing the service remotely, while simultaneously slashing operational costs by up to 92% by eliminating the need for field agents and related paperwork. Furthermore, it effectively tackles customer drop-off rates, lowering them by 25% as users are able to begin the KYC process through either web or mobile applications. The workflow incorporates live video interactions alongside AI-assisted support to guarantee that submitted documents meet the required standards, ensuring a high level of verification quality. Additionally, it employs real-time data extraction from PAN cards, which is cross-verified with official records, all conducted through secure video conferencing sessions that are documented. To adhere to compliance requirements, the system embeds custom geo-location data and timestamps within the video, verifying that the user is physically located within India. This all-encompassing solution not only boosts efficiency but also fosters customer trust through its stringent security protocols, strengthening the overall user experience. As a result, businesses can focus on growth while maintaining a reliable and swift verification process.