Digital identity verification looks at the digital footprint associated with an individual’s identity and is commonly used for evaluating the risk associated with online transactions.

Physical identity verification considers personal information and government-issued documents to verify an identity.

Verifying a customer’s identity is the number one fraud challenge organizations face. This is centered around a few main areas of concern: increase use of the mobile channel, rise of synthetic identities and bot attacks, and a need to balance speed of fraud detection with customer friction.

Robust identity verification is also crucial in effective financial crime regulatory compliance and preventing criminals exploiting gaps in processes or unreliable verification results.

Multi-layered identity verification solutions help mitigate these concerns and more; in turn protecting your revenue, your customer experience and your reputation.

Identity verification software helps to verify customers and impart a complete view of their fraud risk with physical and digital identity information.

This view enables you to conveniently onboard your customers by requesting only the necessary information at the right time by utilizing active and passive methods.

There is no single IDV product that will be most effective for every verification challenge. A combination of different capabilities, carefully configured to specifically meet your business objectives, will be most effective in controlling costs, ensuring a good customer service and preventing fraud.