Selfie biometrics and ID document checking from Onfido to power Entify corporate KYC checks
Onfido has been selected by Estonian one-click legal entity verification solution Entify to provide automated identity verification with document analysis and biometric technology for improved pass rates and accuracy with reduced fraud, according to a company announcement.
Enterprises can leverage Onfido’s technology to identify users representing legal entities with Entify, verifying their documents for know your customer (KYC) and know your corporate customer (KYCC) checks in an efficient and compliant way. The announcement reflects Onfido’s growth in Eastern Europe, as well as its commitment to providing enterprises with Digital Access as a Service (DAaaS) that combines solutions for digital registration, identity verification, and re-authentication, the company says.
“As Entify continues to grow in Europe and begins to expand in the US, we needed a partner who can scale with us while providing the highest of standards. Onfido has helped shape our verification process so that we have been able to accelerate growth,” says Neeme Org, CEO of Entify. “Our partnership is pivotal to changing the KYC and KYCC industry by making the verification process convenient for both experts and novices all over the world.”
“We’re seeing an increasing demand from businesses wanting to simplify the digital customer journey and improve pass rates while simultaneously detecting fraudulent attempts. This new partnership arms customers with exactly that,” explains Husayn Kassai, CEO and co-founder at Onfido. “Entify can reach 192 countries opening their business to a global audience with Onfido, providing a fully automated solution that is fast, efficient and globally accessible. This is our latest partnership in Estonia as we continue to displace older methods in the market. Four other businesses in Estonia have already followed Entify and have also become clients of Onfido.”