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Verifai

Verifai

Verifai offers an identity identification platform with capabilities such as document verification, data capture, and authentication, as well as NFC chip validation.

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Contents

verifai.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
‌
Identity verification
Technology
Technology
Know your customer (KYC)
Know your customer (KYC)
Biometrics
Biometrics
Facial recognition
Facial recognition
Artificial Intelligence (AI)
Artificial Intelligence (AI)
Computer Vision
Computer Vision
Location
Groningen
Groningen
0
B2X
B2B
B2B
Number of Employees (Ranges)
11 – 50
Email Address
info@verifai.com0
Full Address
Waagstraat 1, Unit A 9712 JX Groningen The Netherlands0
Founded Date
2017
Competitors
ID.me
ID.me
ZignSec Asia Pte Ltd
ZignSec Asia Pte Ltd
Synaps (company)
Synaps (company)
Shufti Pro
Shufti Pro
DocuSign
DocuSign
GBG
GBG
Veriff
Veriff
Ondato
Ondato
...
Country
Netherlands
Netherlands
0

Other attributes

Blog
medium.com/verifai/
Company Operating Status
Active
Overview

Verifai offers a platform that helps organizations carry out identity verification tasks, including the following:

  • Document verification
  • Document data capture
  • Document authentication
  • NFC chip validation
  • Biometric verification
Compliance

Verifai is GDPR compliant, and its servers are ISO 27001 certified. The platform supports twenty major languages. The language is automatically applied according to the user's language settings.

Identity document verification

Verifai's technology recognizes all text on identity documents, both from the Machine Readable Zone (MRZ) and the Visual Inspection Zone (VIZ). The document's text can be digitized and the result is displayed on a mobile device. Facial recognition is also supported, which can be used to scan and identify faces from passport photos.

The document verification solutions in Verifai's product suite include software that can scan, read, and verify government-issued identity documents (IDs) for authenticity, in full compliance with local privacy regulations. The platform supports over 2,000 international identity documents worldwide.

NFC chip validation

Verifai enables users to check the authenticity of a biometric document with NFC (Near Field Communication) technology. It supports NFC-equipped documents worldwide and the entire process can usually be completed in under a minute. The machine-readable zone (MRZ) on a document contains the key to the NFC chip in the biometric document. Verifai's proprietary OCR technology reads this access code in order to check the signature of the document.

Every country with biometric identity documents signs its documents with a country-specific certificate. Verifai has an extensive database of certificates that recognizes and verifies the signature automatically. The platform utilizes passive and active authentication methods to check the documents for originality, authenticity, and confidentiality. It can also verify that data on the chip has not been altered, copied, or misused.

Verifai's platform supports all documents following ICAO Doc 9303 standards and most smartphones with the NFC feature.

Process

Verifai's software can automatically recognize the model of the identity document being scanned and capture the information it contains. Verifai fraud and validity checks are applied to a secure photo of a document, passing it through privacy filters that mask sensitive personal data to adhere to data processing laws.

SDKs for iOS and Android

Verifai's software development kits (SDKs) for iOS and Android provides users with tools that allow them to add identity verification to their mobile app. Users can decide which components of Verifai they wish to incorporate into their own application.

Use cases

The platform's document data capture capabilities can

  • Perform age checks
  • Provide aid to users in know-your-customer (KYC) tasks
  • Onboard customers digitally
  • Facilitate form-filling
  • Replace physical ID document scanners
  • Help users achieve compliance with local privacy regulations
  • Process ID document data
  • Perform fraud and validity checks
  • Confirm the person’s existing identity via data cross-checks
  • Obtain data from NFC chips
  • Obtain additional data by scanning NFC chips in ePassports and eIDs with a mobile device
Industries served

Verifai serves a variety of industries, including the following:

  • Aviation
  • Banking
  • Financial services
  • Gaming
  • Government and law enforcement
  • Healthcare
  • Hospitality
  • Human resources
  • Logistics
  • Marketplace
  • Vehicle rental
  • Telecommunications
Pricing

Verifai offers a pay-as-you-go payment plan at €0.49 per successful check and customized pricing options for organizations that require more than 2,500 checks per month or which have a unique business model. Both plans share the same set of features:

  • Unlimited access to document and biometric authentication solutions for mobile and web
  • Continuous support through updates
  • No setup cost or additional fees
  • Ninety-day free trial

Customers

Competitors

Timeline

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Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

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