Digital identity verification is the process of confirming that an individual’s claimed identity matches their true identity. This verification is typically conducted online using a layered system that verifies official ID documents, biometrics like facial geometry, behavioral data, and other verification signals. Digital identity verification ensures that only legitimate users are able to gain access to services or accounts, and is a foundational component of secure onboarding, fraud prevention, and regulatory compliance.
Use case / examples for digital identity verification:
Regulatory compliance: Digitally verify customers during the account creation process to meet KYC requirements and comply with AML regulations.
Remote verification: Securely confirm user identities on an online platform, including gig economy, gaming, and banking platforms, to prevent fraud, account misuse, and account takeovers.
Digital onboarding: Using selfie verification and document checks (do we want to link to Mitek's offerings here?) for onboarding new users of banking, insurance, and gig economy services.
AI-driven workflows: Streamlining the verification process and compliance requirements with secure, automated, AI-powered processes for authentication and flagging suspicious activity.
