Veriff, the global identity verification provider, has upgraded its fully automated IDV product using advanced machine learning technology. The enhanced solution aims to revolutionize identity verification with a 100% automated process and faster response times. It provides a decision score and detailed insights for informed onboarding decisions. The focus is on swift validation, delivering results in five seconds, making it ideal for businesses with high-risk tolerance. Veriff offers two approaches: a fully automated solution and a hybrid option combining automation with expert verification specialists for flexibility, fraud prevention, and in-depth risk insights. Suvrat Joshi, Veriff’s Senior Vice President of Product, emphasizes the solution’s speed, conversion, and detailed insights for enhanced customer security.
By FCCT Editorial Team

