IDENTANCE

The product is a cloud-based identity verification platform that automates KYC, KYB, AML and address verification to verify customer identity documents and faces remotely, reduce fraud, and meet compliance requirements. It sells to B2B online organizations that onboard customers remotely, including financial services firms and other regulated businesses, serving developers and operations teams. It is delivered as SaaS via API using machine learning and AI automation supplemented by manual review from compliance experts and customizable risk assessment flows.

Key features

• KYC identity document and face verification
• Address verification for customer due diligence
• AML checks against PEPs and sanctions
• Regulatory watchlists and adverse media screening
• KYB checks on companies and directors
• Beneficial owner and ID document verification
• OCR support for 82 languages
• Supports 9000+ ID documents across 246 countries
• Custom risk assessment flows and scenarios
• Manual review by compliance experts
• Branding and UX customization options
• API integration for remote onboarding