Top Identity Verification Solutions for Businesses in 2023

01 Aug 2023

01 Aug 2023 by Luke Puplett - Founder

Identity verification is a critical process for businesses looking to prevent fraud, comply with regulations, and securely onboard customers and employees. With the rise of remote work and digital transactions, the need for fast, accurate, and automated identity verification has increased significantly. There are now a variety of identity verification solutions available to help HR professionals, recruiters, and staffing agencies verify identities and reduce risk.

In this blog post, we will cover the top identity verification solutions on the market in 2023 and how they can benefit your business. The companies we will be covering include Jumio, Onfido, SheerID, IdentityForce, Trulioo, DocuSign ID Verification, Stripe Identity, TrustID, and Veriff.

These leading identity verification platforms leverage AI, machine learning, biometrics, and document verification to provide secure and seamless identity proofing. They enable businesses to easily integrate identity checks into their existing workflows to verify identities remotely and in real-time. Read on to learn more about how these identity verification solutions can help your business save time and resources while reducing risk.

The List

Company	Product	API	Website
Jumio	Jumio Identity Verification	Yes	https://www.jumio.com/
Onfido	Onfido Identity Verification	Yes	https://onfido.com/
SheerID	SheerID Identity Verification	Yes	https://www.sheerid.com/
IdentityForce	IdentityForce Identity Protection	Yes	https://www.identityforce.com/
Trulioo	Trulioo Identity Verification	Yes	https://www.trulioo.com/
DocuSign	DocuSign eSignature with ID Verification	Yes	https://www.docusign.com/
Stripe	Stripe Identity	Yes	https://stripe.com/identity/
TrustID	TrustID Identity Verification	Yes	https://www.trustid.co.uk/
Veriff	Veriff ID Verification	Yes	https://www.veriff.com/

Jumio

Jumio is a cloud-based identity verification platform that uses AI and machine learning to verify the identity of individuals. It offers a variety of verification methods, including facial recognition, document verification, and liveness detection. Jumio is known for its high accuracy and fast turnaround times.

Jumio pioneered the ID + selfie approach to identity verification, which combines the scanning of a government-issued ID with a selfie of the user. This approach is more secure than traditional methods of identity verification, such as knowledge-based authentication (KBA), because it is more difficult to spoof.

Jumio's product can be used by businesses to verify the identity of customers, employees, and partners. It can also be used to comply with regulations such as KYC (Know Your Customer) and AML (Anti-Money Laundering).

Jumio's product is available in over 70 countries and supports over 5,000 ID types. It is also integrated with a variety of third-party platforms, such as Salesforce, Shopify, and Stripe.

Key Features of Jumio's Product:

• High Accuracy: Jumio's product has a high accuracy rate of over 99%. This means that it is very unlikely that a fraudulent attempt will be successful.

• Fast Turnaround Times: Jumio's product can verify an identity in seconds. This means that businesses can onboard customers and employees quickly and easily.

• Global Reach: Jumio's product is available in over 70 countries and supports over 5,000 ID types. This means that businesses can verify the identity of customers and employees from all over the world.

• Integration with Third-Party Platforms: Jumio's product can be integrated with a variety of third-party platforms, such as Salesforce, Shopify, and Stripe. This makes it easy for businesses to verify the identity of customers and employees without having to leave their existing systems.

• Pioneered the ID + Selfie Approach to Identity Verification: Jumio was the first company to use this approach, which is now widely used by other identity verification providers.

If you are looking for a reliable and accurate identity verification platform, then Jumio is a good option. It is a trusted solution that is used by businesses of all sizes.

SheerID

SheerID is a company that provides identity verification services to businesses. They help businesses to verify the eligibility of customers for gated offers, such as student discounts or military discounts. SheerID uses a variety of data sources, including government records, educational institutions, and military databases, to verify customer eligibility.

SheerID's verification process is quick and easy for customers. Customers simply enter their personal information into the SheerID website or app, and SheerID will verify their eligibility in real time. If the customer is eligible, they will be granted access to the gated offer.

SheerID's verification services help businesses to protect their margins and increase their returns. By verifying customer eligibility, businesses can ensure that only eligible customers are able to redeem their offers. This helps to prevent fraud and abuse, and it also helps to ensure that businesses are not giving away discounts to ineligible customers.

In addition to helping businesses protect their margins, SheerID's verification services also help businesses to acquire new customers. By offering gated offers to eligible customers, businesses can reach a wider audience and attract new customers.

SheerID is a trusted partner for businesses of all sizes. They have a proven track record of helping businesses to verify customer eligibility and protect their margins. If you are looking for a reliable identity verification service, SheerID is a great option.

Benefits of Using SheerID:

• Quick and easy verification process for customers

• Accurate and reliable verification results

• Helps businesses to protect their margins and increase their returns

• Helps businesses to acquire new customers

• Can be used to gate access to offers based on the type of person, such as nurses, students, or military personnel

• Integrates with a variety of other business systems

• Scalable to meet the needs of businesses of all sizes

If you are interested in learning more about SheerID, you can visit their website or contact them for a free consultation.

Onfido

Onfido is a global identity verification company that provides businesses with a comprehensive platform to verify the identities of their customers. Their platform uses a combination of document verification, biometrics, and fraud detection to ensure that customers are who they say they are.

Key Features of Onfido's Platform:

• Real-time verification: Onfido's platform can verify identities in real time, which helps businesses to onboard customers quickly and easily.

• Automated fraud detection: Onfido's platform uses a variety of fraud detection signals to help businesses identify fraudulent transactions.

• Compliance with global regulations: Onfido's platform is compliant with a wide range of global regulations, including KYC/AML, PSD2, and GDPR.

Additional Details:

Atlas™ AI:

Onfido's award-winning AI engine, Atlas™ AI, powers the platform's document and biometric verification capabilities. It is built using a unique micro-model architecture that delivers fair, fast, and accurate results.

Verification Suite:

Onfido's Verification Suite is a comprehensive library of document and biometric verification solutions, data verification, and fraud detection signals. The Verification Suite gives businesses the flexibility to choose the right verification solution for each user and geography.

Onfido Studio:

Onfido Studio is a drag-and-drop workflow orchestration tool that makes it easy to build flexible and scalable identity verification workflows. Onfido Studio helps businesses automate their identity verification processes and reduce the risk of fraud.

Usage:

Onfido's platform is used by a wide range of businesses, including banks, financial institutions, insurance companies, and e-commerce platforms. The platform is available in over 190 countries and supports over 180 identity documents.

Overall, Onfido is a powerful and comprehensive identity verification platform that can help businesses to verify the identities of their customers quickly, easily, and securely.

IdentityForce

IdentityForce is a comprehensive identity theft protection service that offers a wide range of features:

• Real-time monitoring: IdentityForce continuously monitors your personal information for signs of fraud or theft.

• Early warning alerts: You'll be notified as soon as IdentityForce detects any suspicious activity.

• Credit monitoring: IdentityForce tracks your credit report for changes, including new accounts, inquiries, and delinquencies.

• Dark web monitoring: IdentityForce scans the dark web for your personal information, which is often where stolen data is sold.

• Identity theft insurance: IdentityForce will reimburse you for up to $1 million in losses if you're a victim of identity theft.

• 24/7 customer support: IdentityForce's customer support team is available 24/7 to help you with any questions or concerns.

IdentityForce is a paid service, but there is a free trial available. The basic plan costs $17.95 per month or $179.50 per year. There are also family plans and plans for businesses.

Overall, IdentityForce is a comprehensive and reliable identity theft protection service. It offers a wide range of features and has a good reputation. If you're looking for a way to protect your identity, IdentityForce is a good option.

Additional Details about IdentityForce:

• It is a TransUnion brand.

• It has been in business for over 40 years.

• It has an A+ rating from the Better Business Bureau.

• It is trusted by millions of people, Global 1000 organizations, and the U.S. Government.

If you're interested in learning more about IdentityForce, you can visit their website or call their customer service team.

Trulioo

Trulioo is a leading global identity verification company that helps businesses achieve regulatory compliance, reduce risk, and expand their operations. With its comprehensive platform, Trulioo can verify more than 5 billion individuals and 700 million business entities across 195 countries.

Products:

• Individual Verification: This product enables businesses to verify the identity of individuals by cross-checking their government-issued ID documents against global watchlists.

• Business Verification: This product assists businesses in verifying the identity of other businesses by validating their company registration information, business address, and other relevant details.

• Watchlist Screening: This product allows businesses to screen individuals and businesses against global watchlists to mitigate the risk of fraud and financial crime.

Benefits of using Trulioo:

• Compliance: Trulioo's products help businesses adhere to various regulatory requirements, such as KYC (Know Your Customer), KYB (Know Your Business), and AML (Anti-Money Laundering).

• Risk Reduction: Trulioo's solutions aid businesses in reducing the risk of fraudulent activities and financial crimes.

• Growth: Trulioo's products facilitate business expansion by streamlining customer and partner onboarding processes.

Trulioo's Platform Features:

• Easy Integration: Trulioo's platform is designed for easy integration with other business systems, ensuring a seamless experience for users.

• White-Glove Service: The company offers personalized and top-tier customer support to help businesses optimize their use of Trulioo's products.

• Ongoing Support: Trulioo provides continuous support to its clients to ensure they get the most value out of its solutions.

If you are looking for a global identity verification solution, Trulioo is an excellent option. Their user-friendly platform, regulatory compliance, and risk reduction capabilities make it a reliable choice for businesses.

DocuSign

DocuSign ID Verification is a cloud-based identity verification solution that helps businesses verify the identity of their signers. It can be used as a standalone product or as part of the DocuSign eSignature workflow.

DocuSign ID Verification uses a variety of methods to verify identity, including:

• Document ID verification: This method verifies the identity of a signer by checking their government-issued photo ID against a database of known documents.

• Liveness detection: This method verifies that the signer is a real person by requiring them to take a selfie video and complete a series of challenges.

• Knowledge-based authentication: This method verifies the identity of a signer by asking them to answer personal questions about themselves.

DocuSign ID Verification can be used to meet a variety of compliance requirements, including KYC (Know Your Customer) and AML (Anti-Money Laundering). It can also be used to improve the security of online transactions and to reduce fraud.

Here are some of the benefits of using DocuSign ID Verification:

• Increased security: DocuSign ID Verification helps to ensure that only authorized individuals can sign documents.

• Reduced fraud: DocuSign ID Verification helps to reduce the risk of fraud by verifying the identity of signers.

• Improved compliance: DocuSign ID Verification can help businesses meet a variety of compliance requirements.

• Increased efficiency: DocuSign ID Verification can help to streamline the signing process and make it easier for businesses to complete transactions.

DocuSign ID Verification is available in over 180 countries and supports over 100 languages. It can be integrated with a variety of other DocuSign products, including DocuSign eSignature and DocuSign Agreement Cloud. It is backed by a 99.9% accuracy guarantee.

If you are looking for a secure and reliable way to verify the identity of your signers, then DocuSign ID Verification is a great option. You can use it as a standalone product or as part of the DocuSign eSignature workflow, depending on your specific needs.

Stripe Identity

Stripe Identity is a product that allows you to programmatically confirm the identity of global users so you can prevent attacks from fraudsters while minimizing friction for legitimate customers. It offers a variety of features, including:

• Capture IDs with a conversion-optimized verification flow

• Verify the authenticity of global ID documents

• Match photo IDs with selfies, and validate Social Security numbers (SSNs)

• Access collected images, and extracted data from ID documents

Stripe Identity is available for users in most countries, and it offers a free tier for the first 50 verifications.

Benefits of using Stripe Identity:

• Reduce fraud: Stripe Identity can help you to reduce fraud by verifying the identity of your users before they are allowed to complete a transaction.

• Streamline risk operations: Stripe Identity can help you to streamline your risk operations by automating the verification process.

• Increase trust and safety: Stripe Identity can help you to increase trust and safety by providing your users with a secure and reliable way to verify their identity.

If you are looking for a way to verify the identity of your users, Stripe Identity is a great option. It is easy to use, affordable, and effective.

Additional details about how Stripe Identity works:

• Stripe Identity uses a variety of methods to verify the identity of users, including document verification, selfie verification, and SSN verification.

• Stripe Identity is available for users in most countries.

• Stripe Identity offers a free tier for the first 50 verifications.

To learn more about Stripe Identity, you can visit the Stripe Identity website or the Stripe documentation.

TrustID

TrustID UK is a digital identity service provider that helps businesses comply with regulatory requirements such as Right to Work and Anti-Money Laundering. They offer a range of services, including:

• Right to Work checks: TrustID's Right to Work checks help businesses verify the immigration status of new and existing employees. Their service is compliant with the latest UK government regulations and can be conducted remotely or face-to-face.

• Know Your Customer (KYC): TrustID's KYC service helps businesses verify the identity of their customers. This is essential for businesses that are regulated by the Financial Conduct Authority (FCA).

• Right to Rent: TrustID's Right to Rent service helps landlords and letting agents verify the identity of their tenants. This is essential for landlords who are required to conduct Right to Rent checks under the Housing Act 2004.

TrustID's services are powered by a combination of technology and human expertise. Their technology uses artificial intelligence to scan identity documents for signs of fraud, while their human experts are available 7 days a week to provide support and guidance.

TrustID is a certified digital identity service provider (IDSP) by the UK government. This means that their services are compliant with the latest government regulations and are trusted by businesses of all sizes.

Benefits of Using TrustID UK's Product

• Compliance: TrustID's services help businesses comply with regulatory requirements such as Right to Work and Anti-Money Laundering.

• Security: TrustID's services use the latest technology to scan identity documents for signs of fraud.

• Expertise: TrustID's human experts are available 7 days a week to provide support and guidance.

• Convenience: TrustID's services can be conducted remotely or face-to-face, making them convenient for businesses of all sizes.

If you are looking for a digital identity service provider that can help your business comply with regulatory requirements, then TrustID UK is a good option. Their services are secure, convenient, and backed by the expertise of human experts.

Veriff - AI-powered Identity Verification

Veriff is an AI-powered identity verification software that helps businesses verify the identities of their customers online. It uses a combination of biometrics, document verification, and liveness detection to ensure that the person on the other end of the transaction is who they say they are. Veriff is used by a variety of businesses, including banks, fintech companies, crypto exchanges, and gaming platforms.

Key Features of Veriff:

• AI-powered identity verification: Veriff uses AI to analyze a user's facial features, ID document, and liveness selfie to verify their identity.

• Document verification: Veriff verifies the authenticity of a user's ID document by checking its security features and comparing it to a database of known counterfeit documents.

• Liveness detection: Veriff uses liveness detection to ensure that the person in the selfie is the same person who is holding the ID document.

• Global reach: Veriff supports over 190 countries and 190+ document types.

• Compliance: Veriff is compliant with a variety of regulations, including KYC/AML, GDPR, and CCPA.

Veriff is a trusted solution for identity verification. It has been used by over 10,000 businesses and has helped to prevent millions of fraudulent transactions. If you are looking for a way to verify the identities of your customers online, Veriff is a great option.

Benefits of using Veriff:

• Increased security: Veriff helps to protect your business from fraud and identity theft.

• Reduced manual review time: Veriff automates the identity verification process, which frees up your team to focus on other tasks.

• Improved customer experience: Veriff makes it easy for customers to verify their identities, which can lead to higher conversion rates.

If you are interested in learning more about Veriff, you can visit their website or request a demo.

Conclusion

Identity verification is a crucial process for any recruitment business looking to securely onboard applicants and prevent fraud. The identity verification solutions we covered provide powerful ways to automate and improve this process.

Top Identity Verification Services:

• Jumio - Uses AI and machine learning for ID and facial recognition

• Onfido - Comprehensive ID verification with document and biometric checks

• SheerID - Verifies eligibility for gated offers like student discounts

• IdentityForce - Full identity protection and monitoring service

• Trulioo - Global identity verification for 5 billion people and businesses

• DocuSign ID Verification - ID checks integrated into eSignature workflow

• Stripe Identity - Programmatic ID verification API

• TrustID - Digital identity verification compliant with UK regulations

• Veriff - AI-powered identity verification using biometrics and liveness detection

With the rise of remote recruitment and onboarding, having a reliable identity verification solution is crucial. The platforms covered in this article provide innovative ways to seamlessly verify your applicants while reducing risk. Choose the solution that best fits your business needs and integrate identity verification into your workflows for improved security, compliance, and applicant onboarding.

---

Learn more