Libraryblog6 Reasons to Choose Veriff for Identity Verification

6 Reasons to Choose Veriff for Identity Verification

Connecting with honest customers doesn't have to cost you time, money, and conversions.

Veriff connects you to more honest customers
July 11, 2019
Blog Post
Identity Verification

Veriff allows you to add multiple layers of protection that work behind the scenes, giving your users room to move through the verification process. Our verification flows are built for speed, and customizing fast and frill-free flows is what we do best.

Instead of telling you how we're better, we'll let the facts speak for themselves.

1. First-time pass rates as high as 93%

One of the easiest ways to lose a customer is to put them through a rigorous identity verification process. By rigorous we mean:

  1. Dozens of steps
  2. Limited to no guidance
  3. Long waiting times

Instead of asking for tons of pictures, and turning your conversion funnel into an endless roller coaster ride, Veriff uses lightweight background video to detect behavioral oddities. The result is a stellar first-time pass rate of up to 93% for our top-performing clients, allowing you to onboard as many customers as possible while staying safe and compliant.

2. Average verification session under 60 seconds

In addition to keeping our verification flows short and sweet, we use a combination of AI and eagle-eyed specialists to verify your customers at an average speed of 60 seconds.

Machine learning software is used to assess client sessions in real-time, automating as much of the manual work as possible. If the user fails to show the document or the lighting is poor, they are automatically instructed to fix the issue with real-time feedback.

Veriff also runs background liveness checks, using proprietary methods to verify that the session is not prerecorded or artificial without adding to the customer journey. Your customers won’t be asked to do any above-the-shoulder gymnastics, because we already know if the session is real.

3. Multiple layers of protection that work behind the scenes

Biometric information is extracted from a non-disruptive live video feed in addition to photos for enhanced security. Layered facial recognition keeps your service impenetrable against fraudulent behavior.

Veriff also analyzes the machine and network used for verification, assigning each a unique fingerprint. These along with hundreds of other parameters are then compared with blacklists, past behavior, and other inconsistencies before a decision is made.

4. Flexible plans and pricing

Veriff prices per person, not attempt. In addition to fair pricing, the recent beta release of our verification platform, Veriff Station, makes it possible for companies of all sizes to connect with real people without unreal costs.

Veriff Station is your one-stop verification platform, allowing you to:

  • View session statuses in real-time
  • Manage and test multiple integrations
  • Automate the flow of information with webhooks
  • Restrict data permissions using Admin and Support roles
  • Configure decision profiles

For a limited time, you can join as one of the first 500 fast-growing companies admitted into the testing round, and receive free verification services for three months. Sign up for the closed beta trial here.

5. Configurable, customizable, and easy to implement

What’s right for one industry may not work for another.

Veriff is adaptable, and businesses from fintech to dating platforms can raise or lower the trust bar according to the risk they deem acceptable. Veriff started with traditional banks, establishing strong data security and regulatory compliance. This enabled us to extend our services to marketplaces and beyond.

You don’t need an engineering department to know your customers. As soon as you sign up you’ll be able to access and integrate our software kits with your mobile app or website. Veriff is available in 22 languages and supports all devices and browsers, from iOS to Android and Chrome to Linux.

6. We're growing at breakneck speed

As the newest leader in the identity verification (IDV) industry, we have no plans of slowing down. Veriff is also one of the most successful YCombinator alumni from the spring class of 2018.

Made up of some of the brightest minds behind Skype, TransferWise, and Pipedrive, our team grew from 18 to 300+ within the last year, and with 100,000 verifications a day we know how to scale your business. Contact our sales team to find out how we can help you take your onboarding process to the next level.

Learn more about identity verification with our handy guide here.