Strengthen Security with Instant
e-IDV Solution
Strengthen security and reduce costs by cross-checking identities against official data sources. Quickly identify and eliminate bad actors with our comprehensive e-IDV solution.
Trusted by industry experts and global leaders
How e-IDV works?
01
Collect Data
Collect the user’s personal information, including name, date of birth, and ID documents. This data is securely sent to the e-IDV system.
02
Verify Documents
The e-IDV system checks the authenticity of submitted documents, ensuring they match the user’s provided information.
03
Cross-match with Databases
User information is cross-checked against official databases to verify identity and reduce fraud risk.
04
Receive Results
The system delivers instant verification results. Approved users proceed, while inconsistencies trigger alerts for further review.
99.9%
of users complete data submission within 60 seconds.
98%
accuracy rate in detecting counterfeit documents.
85%
of users receive verification results in under 30 seconds.
Enhance security with 2+2 e-IDV
Sophisticated fraudsters can create counterfeit IDs nearly identical to genuine documents. Protect against these threats by using 2+2 e-IDV, which cross-matches customer data with official U.S. government databases.
- Standard document and selfie verification completed
- Identity confirmed through e-IDV cross-matching
PIPEDA (Canada)
Streamline onboarding with automated e-IDV
Accelerate your onboarding process without sacrificing security. Automated e-IDV enables instant identity verification, reducing manual checks and minimizing onboarding time. Ensure compliance while delivering a seamless user experience.
- Instant verification reduces onboarding time
- Automated checks ensure compliance with regulations
- Enhance user satisfaction with a smooth, secure process
Choose the most accurate U.S. database
Select one or more databases to securely and efficiently verify your clients, ensuring compliance with the 2+2 verification process.
| Credit + US Identity Graph | Official Social Security | Credit + US Identity Graph |
|---|---|---|
| 98% market coverage | 88% market coverage | 91% market coverage |
| Highest coverage, name and surname only required fields to proceed with eIDV, can crossmatch document | SSN verification, phone verification | Phone and email verification, high coverage |
Industry use cases for e-IDV
Online Gambling and Gaming
Companies use eIDV to quickly sign up new users, allowing immediate platform access. Full identity verification is required when users request withdrawals, ensuring secure transactions.
Advanced Identity Verification
To prevent fraud, eIDV enhances standard verification by confirming that the person truly exists, combining traditional and electronic methods for higher security.
Banking and Financial Services
In the banking sector, eIDV verifies the last four digits of a user’s Social Security Number (SSN) alongside their full name, ensuring compliance with SSN verification requirements.
Name and DOB Compliance Checks
Industries like Gaming and Car-sharing rely on eIDV to instantly cross-check a user’s full name and date of birth, ensuring accurate and compliant identity verification.
Name and Address Verification
Sectors such as Fintech and Real Estate require enhanced ID verification processes, which eIDV provides by securely cross-matching users’ names and addresses.
E-Commerce and Retail Security
E-commerce and retail businesses use eIDV to prevent fraud by instantly verifying customer identities, ensuring secure transactions and reducing risk.
Frequently asked questions
Who Uses eIDV?
Many businesses that operate online use eIDV. For example, accountants, financial advisers, banks, fintechs, or brokerage firms also use this KYC measure. However, since a lot of services have shifted online, iGaming platforms and casinos, insurance companies, marketplaces and real estate platforms also use eIDV to meet their due diligence requirements and ensure a secure onboarding process for their customers.
What should we do if people are afraid to provide their full SSN?
How can we enhance standard IDV verification with eIDV?
Is e-IDV supported only in the US?
Outperforming competitors. Discover G2 ratings
See how we rank with competitors in key areas, backed by top ratings
and user reviews on G2.
| iDenfy | Jumio | Onfido | SumSub | Veriff | |
|---|---|---|---|---|---|
| Product Direction | 10.0 | 9.0 | 8.9 | 9.4 | 8.8 |
| Quality of Support | 9.8 | 9.0 | 8.5 | 8.9 | 8.3 |
| Ease of Use | 9.7 | 9.0 | 9.0 | 8.8 | 8.3 |
| NPS | 9.7 | 8.7 | 8.8 | 9.2 | 8.9 |
* According to G2 2024 Identity Verification Summer report.
Case studies
Get inspired by our customer success stories.
We’ve noticed a steady increase in the number of customers joining us each month, thanks to the improvements in automation and customization we’ve made by incorporating iDenfy into our KYC process.
Our team had to deal with increasing chargeback requests. iDenfy’s identity verification resolved this issue, reduced fraud, and improved our conversions while allowing us to continue our operations smoothly.
We can now provide a straightforward automatic KYC and AML system in the form of our easy-to-use Plugin, which has lifted the burden of manual documentation review.
iDenfy seamlessly integrates with our AML, KYC and KYB policies, offering sophisticated and scalable solutions to ensure compliance in new markets. They make verifying users and companies across multiple regions secure, efficient, and simple.
We seamlessly iDenfy’s age verification solution into our app through API integration and customized branding. iDenfy’s protocols are globally effective, helping us expand into international markets without the need for country-specific adjustments.
To provide services to the fintech industry, we often work with local companies with foreign UBOs. Without iDenfy, our ability to serve such customers would be limited, as their solution has played a critical role in our ability to rapidly and accurately verify the identities of our clients.
Save costs by onboarding more verified users
Join hundreds of businesses that successfully integrated iDenfy in their processes and saved money on failed verifications.
