Onfido

What is Onfido?

Onfido is an AI-powered digital identity verification solution designed to facilitate seamless onboarding and establish trust between businesses and their customers. By enabling organizations to know their customers online, Onfido combines advanced technology with user-friendly interfaces, thereby helping various industries efficiently tackle challenges related to identity verification and fraud prevention.

What are the features of Onfido?

• The Real Identity Platform: An end-to-end identity verification solution that integrates a comprehensive suite of identity checks, fraud signals, and workflows, enabling businesses to automate their onboarding processes with ease.

• Atlas™ AI: This award-winning AI technology provides fast, fair, and accurate identity verification results, streamlining operations and enhancing customer experiences.

• Smart Capture SDK: A dynamic integration tool that allows businesses to offer an exceptional user experience during the identity verification process, designed with accessibility in mind.

• Verification Suite: Access a robust library of verifications, including document verification, biometric verification, data verification, and fraud detection tools, ensuring comprehensive protection against identity fraud.

• Onfido Studio: A no-code orchestration studio that enables businesses to design and manage workflows for identity verification and fraud prevention intuitively.

• Compliance Suite: A flexible compliance package tailored to meet local and global regulatory requirements, including KYC (Know Your Customer) and AML (Anti-Money Laundering) mandates.

What are the characteristics of Onfido?

• Intelligent Automation: Onfido's technology automates the entire customer onboarding process, reducing the cost of customer acquisition while improving speed and efficiency.

• Global Reach: Designed to navigate complex compliance landscapes across different regions, Onfido helps businesses onboard customers seamlessly around the globe.

• Fraud Prevention: Advanced fraud detection capabilities safeguard businesses and enhance trust with customers by preventing identity theft and account takeovers.

• User-Centric Design: Focused on delivering a frictionless experience, Onfido prioritizes customer satisfaction during the verification process, fostering positive interactions.

What are the use cases of Onfido?

• Financial Services: Automate onboarding processes, adhere to stringent KYC regulations, and combat fraud, making Onfido essential for banks, fintechs, and other financial institutions.

• Gaming: Quickly onboard players while ensuring compliance with age verification and KYC requirements, enhancing user experience in online gaming platforms.

• Healthcare: Enable secure patient verification while meeting compliance standards, ensuring that healthcare providers can validate patient identities effectively.

• Retail & eCommerce: Protect against account takeovers and chargeback fraud by effectively verifying user identities at onboarding and during transactions.

• Telecommunications: Meet regulatory standards by verifying customer identities during account setup and ensuring ongoing compliance against fraud.

• Transport: Streamline the verification processes for renters, drivers, and riders, providing a secure and efficient means of identity verification in the transport sector.

How to use Onfido?

1. Sign Up for Onfido: Begin by creating an account on the Onfido platform. This will give you access to the Real Identity Platform and its various features.

2. Integrate Onfido: Use the Smart Capture SDK and API reference available in the developer hub to integrate identity verification into your existing applications seamlessly.

3. Customize Workflows: Utilize Onfido Studio to design personalized verification workflows tailored to your specific business needs and regulatory requirements.

4. Review Results: After running verifications, access reports and insights generated by Atlas™ AI to evaluate customer identity validation and monitor potential fraud signals.

5. Ongoing Adaptation: Continuously update workflows and security measures based on feedback and evolving compliance requirements to maintain efficacy.

Onfido Company Information:

Onfido is a recognized leader in digital identity verification solutions, having established itself as a reliable player in the industry. With over a decade of experience specializing in identity verification and fraud detection, Onfido supports more than 1000 global businesses, providing state-of-the-art identity solutions.