Veriff launches configurable verification service
Veriff, the most secure global verification service provider, launches a new product update that enables clients to configure verification features based on their specific needs and risk tolerance.
According to Janer Gorohhov, the co-founder and COO of Veriff, this is a market-driven product innovation. It allows enterprises to pick and choose from over 20 different features and checks, based on the individual use case, in order to guide as many honest users through the onboarding process as possible.
“We took it one step further than the one size fits all approach and built a highly configurable product that allows our clients to select verification features that match their regulatory or internal needs. All this is to maximize verification conversion so our clients can focus on developing their core business,” explained Gorohhov.
Businesses can choose a fully automatic verification service that verifies an identity in a matter of seconds. This configuration suits clients who value conversion rates and speed and run limited volumes of ID checks.
More risk-averse businesses, who may focus on preventing individual cases of fraud, can opt for a deeper configuration that leverages both automation and specialized human intuition concurrently in order to build trust and maximize protection. In addition to document validation and face matching, these companies can dig deep with capabilities such as browser, device, and network ID tracking and fingerprinting; background video analysis and liveness checks for fraud detection, KYC compliance and PEP and Sanctions checks.
Contact for editors:
Karita Sall
Head of Global Communication, Veriff
karita.sall@veriff.com, (+372) 511 6808
Veriff is a global online identity verification company that protects businesses and their customers from online identity fraud by making sure that a person is who they claim to be. With the help of artificial intelligence, Veriff analyses thousands of technological and behavioural variables in seconds, verifying people from 190+ countries across the globe.
Founded in 2015 by Kaarel Kotkas, Veriff serves a global portfolio of internet businesses including fintech companies, sharing economy providers and marketplaces in London, New York, San Francisco, Berlin, Vienna, and other major cities. Veriff is an alumnus of the startup accelerator Y Combinator and has raised €7.35m ($8.3m) in funding. Veriff employs over 300 people in Tallinn, Estonia and New York, USA.
Veriff was the fastest growing startup in the Baltics in 2019 and Kaarel Kotkas was awarded the title “the Founder of the Year” by the startup network Lift99.
