LocalBitcoins, Onfido adding more to their ID verification

The peer-to-peer Bitcoin marketplace LocalBitcoins has strengthened the Onfido partnership expansion to fight fraud on the market, using the Onfido Identity Verification and Known Faces solution to securely the identities of customers signing up for and transacting on the LocalBitcoins exchange globally.

For users opening an account, they take a photo of their government-issued identity document (ID) and a selfie to complete the verification process. Onfido first checks that the ID is genuine and is not fraudulent, and then matches it to the user’s face.