Overview of Onfido’s Real Identity Platform
Onfido’s Real Identity Platform is a comprehensive solution designed to simplify and enhance digital identity verification, fraud detection, and compliance management. This platform is tailored to help businesses build trust with their customers while navigating complex regulatory requirements and protecting against fraud.
Key Functionality
- Identity Verification: The platform combines advanced document and biometric verification capabilities. It can analyze government-issued IDs from around the globe and link genuine documents to a real user’s face, ensuring accurate identity verification.
- Trusted Data Sources: Onfido provides access to a library of trusted data sources for running identity record checks, watchlist checks, and automated ongoing monitoring. This helps businesses comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements at scale.
- Fraud Detection: The platform includes intelligent fraud-detection signals that use behavioral and device data to identify and mitigate fraud before it impacts the business. Features such as bot mitigation, real-time monitoring, and alerts for suspected fraud are integral to this functionality.
Key Features
- Onfido Studio: This is a no-code, drag-and-drop workflow builder that allows businesses to create, manage, and deploy customized identity verification journeys. It enables automated, smart decision-making and flexible user verification flows, making it scalable to new markets and user requirements.
- Smart Capture SDK: This SDK enhances image quality by reducing blur and glare in user images. It also supports NFC scanning to minimize user friction during the verification process.
- Atlas™ AI: Onfido’s award-winning AI, developed with active bias mitigation, uses thousands of specialized micro-models to deliver fast, fair, and accurate identity verification results.
- Integration and SDKs: The platform offers integrations and software development kits (SDKs) for various applications, including websites, mobile apps, point-of-sale (POS) solutions, and kiosks. This ensures seamless integration into existing systems.
- Device Intelligence and Passive Fraud Signals: Onfido analyzes device signals to identify risky IP addresses, malicious bot traffic, and rooted or emulated devices. It also identifies previously seen fraudulent documents and biometrics to stop synthetic identity fraud.
Additional Capabilities
- Regulatory Compliance: The platform is designed to help businesses comply with various regulatory requirements, including KYC and AML, through features like blacklisting, encryption, and audit trails.
- Authentication Methods: Onfido offers multiple authentication methods, including online age verification, document or identification card verification, and liveness checks using selfies or other photograph technology.
- Intelligence Reporting and Incident Reports: The platform provides intelligence reporting and incident reports to gather data on suspicious activities and detail trends and vulnerabilities related to payments and fraud.
By combining these features, Onfido’s Real Identity Platform provides a flexible, end-to-end identity solution that automates decision-making, reduces acquisition costs, and fights fraud, all while delivering an excellent customer experience.