Web app

IDWise Identity Verification, eKYC & AML logo

IDWise Identity Verification, eKYC & AML

IDWise is an AI-based identity verification platform that offers document verification, facial biometric checks, e-KYC and AML compliance, and proof of address verification. It is designed for businesses in emerging markets seeking fast, secure, and user-friendly onboarding.

Platform
Web app
Categories
Indexed
2024-02-19

About IDWise Identity Verification, eKYC & AML

What is IDWise

IDWise is a next-generation identity verification suite that leverages AI to help businesses convert good folks to good customers faster and build trust. It supports 13,000+ ID documents in 200+ countries and territories, with up to 50 AI-based security checks per document. The platform is designed with digital disruptors in mind, focusing on emerging markets and non-Latin languages. IDWise offers a fully automated, AI-driven solution that dramatically accelerates customer conversion and reduces abandonment rates.

Key features

IDWise provides four core features: Document Verification, which enables government-issued ID recognition, data extraction, and validation in seconds; Facial Verification, which ensures liveness and matches the face on the document to a live selfie; e-KYC & AML Compliance, which includes PEPs, Sanctions, Adverse Media screening with fuzzy-matching against real-time watchlists; and Proof of Address, which automates the capture and reading of address documents. The platform also offers seamless integration via SDKs, APIs, webhooks, and low-code options like Zapier.

Use cases

IDWise is ideal for businesses that need to onboard customers quickly and safely, especially in emerging markets. It helps prevent fraud and money laundering by verifying identity documents, checking liveness, and screening against global watchlists. The solution is used by enterprises that require bank-grade security and high automation rates, with an end-to-end onboarding journey within 10-15 seconds and a 90%+ first-time pass rate. It is also suitable for companies that need to comply with global regulations and want to reduce manual review costs.

Pricing

IDWise offers simple all-in pricing plans, though specific pricing details are not provided on the page. The company emphasizes transparent and competitive pricing, enabled by its in-house developed technology. They also offer a free trial, and their integration options are designed to be quick, with the ability to add IDWise to your system in 5 minutes.

Questions

IDWise Identity Verification, eKYC & AML FAQ

What is IDWise Identity Verification, eKYC & AML?
IDWise Identity Verification, eKYC & AML is an AI tool available as a web app. IDWise is an AI-based identity verification platform that offers document verification, facial biometric checks, e-KYC and AML compliance, and proof of address verification. It is designed for businesses in emerging markets seeking fast, secure, and user-friendly onboarding.
Is IDWise Identity Verification, eKYC & AML a web app, an extension or a native app?
IDWise Identity Verification, eKYC & AML is a web app.

Listed in the AITOOLIST index since 2024-02-19.