Identity Verification

Explore the latest coverage of best KYC software providers and recommendations on where each of the service excels the best.

Wondering what is a machine-readable zone (MRZ)? Do you want to know its role in identity verification? If the answer to these questions is “yes.” Read this blog until the end.

Access our expert insights regarding KYC verification, with step-by-step examples for different industries, including other AML processes that are mandatory after the initial user onboarding stage.

Learn what eIDV is, where and what kind of industries use this electronic identity verification method, which regulatory frameworks require the 2+2 approach, and how it helps with your company’s risk assessment.

From students using fake IDs to purchase age-restricted items to fraudsters forging ID documents for obtaining loans and other large-scale operations — it’s important to know how to spot a fake ID in different states.

Stricter regulations across new industries, including social media or gaming, and new age verification requirements have pushed businesses beyond the traditional financial sector to find proper identity verification measures that carry multiple features. But is it actually achievable? We review the most popular KYC measures in the market.

Explore the options for student identity verification and find out why universities and e-learning apps choose to onboard their learners using third-party KYC software as a way to prevent unwanted fraud scenarios, including forged documents, like fake student visas.

Learn the key reasons why companies struggle with KYC challenges. Find out how to build a proper identity verification process while keeping up with the regulatory compliance requirements and increasing customer demands — all while exploring real-life use case examples from various industries.

Find out the key use cases of reverification and learn why this process can be a beneficial factor in both security and user experience.

We explore the concept of KYC automation and its use cases, explaining how AI-powered KYC software can improve internal compliance operations for businesses.

Knowing your customers properly isn’t possible without KYC or Know Your Customer. Chances are that as soon as you hear this phrase, identity verification comes into mind. Today, this process is also known for strict regulatory compliance across various industries and jurisdictions. What’s the best way to verify a user’s identity? How do we keep the balance between compliance requirements and user experience? What are the 3 steps to KYC? We answer all the burning questions and provide the latest insights below.

The size of the KYC compliance software market was USD 9.50 billion in 2022. And there’s no surprise here. The rise in identity theft cases is a key driver behind the increasing demand for identity verification solutions. So the real question is – which one’s the best? We prepared a full checklist to help your business choose the right KYC compliance software.