Verify any proof of address document with ease

iDenfy’s address verification software accepts 30+ document types (utility bills, bank statements, council tax letters, mortgage statements, etc.) across 200+ countries. The service uses AI and OCR extraction, which is powered by built-in tamper-detection technology, running address checks automatically, with results returned in under 10 seconds.

iDenfy combines automated tools with extra manual review by specialists (if needed):

• OCR technology + AI to extract details
• Manual cross-check by in-house analysts
• Option to connect directly to a user’s utility provider for automatic address validation

The whole process takes ~20 seconds on average and is a quick and simple experience from the end-user’s side. For regulated industries, such as crypto, this approach complies with KYC regulations without damaging conversion rates.

Common reasons for PoA verification include:

• Regulatory compliance. Required under AML/KYC rules for opening accounts or large transactions.
• Fraud prevention. Helps verify that users aren’t using fake or nonexistent addresses.
• Operational needs. Needed for sending legal documents via post or confirming a user’s billing/shipping address.

Often, customers are asked to upload their proof of address documents during the account creation process, for example, as a way to activate their wallet on a crypto exchange. iDenfy’s address verification service cross-references the extracted data against the applicant’s submitted details, checks for document manipulation, and returns a pass/fail result. Analysts can then decide if another onboarding workflow is needed, triggering extra checks in high-risk, edge cases.

Automating address verification with AI-powered PoA checks helps businesses:

• Build a faster onboarding process and a better user experience
• Reduce drop-offs and achieve higher conversion rates
• Lower manual compliance workload for in-house analysts
• Approve IDs using reliable data and global KYC checks across 190+ countries
• Customize PoA workflows depending on the customer’s risk profile (for example, enable reverifications and extra checks before large transactions)

Valid proof of address documents are those that are not older than three months and have the person’s address data listed.

For example:

• Utility bills (electricity, gas, water, internet)
• Bank or credit card statements
• Tax or government letters
• Tenancy or mortgage agreements
• Payslips or employment letters

PoA verification is often conducted as part of the user onboarding process, together with other KYC procedures, such as submitting a government-issued ID document for verification. 

Ultimately, common PoA verification use cases include:

• Opening bank or financial accounts
• Registering on cryptocurrency or trading platforms
• Complying with regional restrictions or high-risk jurisdiction checks
• Conducting high-value or regulatory-triggering transactions (as a reverification method)