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Company Database - Veriff

Know that people are who they say they are
Veriff is a global online identity verification company that enables organisations to build trust with their customers through accurate and automated online IDV. Veriff’s intelligent decision engine can analyse thousands of technological and behavioural variables in seconds, matching people to more than 9,000 government-issued IDs from over 190 countries. Veriff serves a global portfolio of organisations across fintech, crypto, gaming, and mobility sectors.

Target group

Banks/FS

Global

Member of industry association and/or initiatives

The Payments Association

Core solution 
Identity verification  
Authentication

Core solution/problems the company solves

Meet KYC and AML requirements
Access management
Detect identity fraud
Support to scale your business globally (10,000+ global document coverage in 40 languages)

Technology 
Hybrid

Data input
Identity verification 
Identity document scanning proprietary
Video scanning proprietary
Personally Identifiable Information (PII) validation proprietary
Compliance check proprietary

Online authentication
Behavioural biometrics proprietary
Physical biometrics proprietary
Device fingerprinting proprietary
Geo-location proprietary
Remote access detection proprietary

Intelligence
Abuse list proprietary
Financial crime data via third party capability
Sanctions data (sanctions, enforcements, PEP, and adverse media) via third party capability
Watchlist screening proprietary
Address verification proprietary

Data ingestion/third-party data
Stateless data ingestion and augmentation

Methodology
Machine learning 
Rule-based
Supervised ML
Unsupervised ML
Hybrid

Decisioning 
Manual review – sometimes

Business model

Pricing model

Self-Serve Starter Plans are subscription based. Enterprise clients: tailor made. Price per verification.

Fraud prevention partners

ComplyAdvantage

Investors

Y Combinator, Mosaic Ventures, Nordic Ninja, IVP, Accel, Tiger Global, Alkeon, etc.

Year over year growth rate

8 times

Number of employees

Over 400

Future developments

Government registries, address and residence verification, language expansion (new alphabets)

Customers reference

Wise
Bolt
Blockchain.com
Uphold
Deel
Monese