OneSpan Identity Verification
Acquire more customers, reduce abandonment, and mitigate fraud with digital identity verification services
OneSpan Identity Verification
Gain access to a wide range of digital identity verification services for your financial agreement processes
Acquire More Customers
Enable online channel growth with digital ID verification during account opening
Digitize Account Openings
Enable remote account opening with digital identity verification paired with e-signatures
Access Multiple Verification Methods
Select the best verification workflow to optimize for security and UX
Leverage AI & Biometric Verification
Verify the authenticity of ID documents in real-time and compare facial biometric data
Protect High-value Agreements
Verify identities so that you can get documents electronically signed with confidence
Fight Identity Fraud
Detect fraudulent ID documents and prevent application fraud in real time
How it Works
OneSpan Identity Verification
- Reduced Friction
Select the best check types for your demographic to optimize adoption rates. - Global Coverage
Don’t settle for a single provider with limited coverage. - Auditable & Enforceable
Capture a single and complete audit trail tied to the entire transaction. - Single Company
Reap the benefits of a single API integration, SLA, and vendor, and a direct integration with e-signatures
Multi-layered approach to digital identity verification
ID Document Verification
ID document verification helps prevent fraud during
Capturing a good quality image is vital for accurate verification. Real-time instructions allow users to capture an image of their ID document with the camera on their device.
OneSpan Identity Verification has the ability to identify the type of document that is being captured (e.g., US Passport, Spanish ID Card, UK Driver’s License, etc.). This ensures that the correct documents are obtained.
Artificial intelligence (AI) and authenticity algorithms analyze the image to determine whether the document is genuine or fraudulent.
OneSpan Identity Verification is able to extract several data points per document captured, including dates, ID numbers, images, addresses, text and more. These data points can be stored and provided to the client as required.
Our solution uses configurable logic to compare extracted document data to a customer’s previously-captured metadata to prove that the customer is who they say they are. The matching logic can be tailored to a client’s specific need using a scorecard based on the demographic of the customers. This ensures an optimal algorithm for the solution.
Biometric Verification Using Facial Comparison
Biometric verification helps establish that a user is the person they claim to be.
The user takes a selfie with the camera on their device. Advanced algorithms extract biometric data from the image and compare it to the image on the authenticated ID document to determine whether the user is genuine.
Before a captured image or ‘selfie’ can be used for facial comparison, liveness detection can used to prove that a person is genuinely present and that a static image has not been used fraudulently.
Active liveness detection involves the customer performing an action, for example blinking, speaking or moving their head.
Passive liveness detection is achieved with image analysis algorithms, which check elements of the image captured, such as the glare or blur. Active and passive methods can be used together to prove the liveness of an individual capturing a selfie.
No personal data images are stored as part of the process.
Knowledge-based Authentication (KBA)
Prove that the customer providing the identity information is the owner of the identity by presenting them with questions based on their credit file
Generate dynamic “out of wallet” questions to prove an individual’s identity
One-time Passcode (OTP)
Enable your customers to use their existing credentials with another provider to verify their identity and reduce friction during onboarding
Trusted Identity Networks
ID document verification helps prevent fraud during
Onboard more customers with online identity verification
Today’s consumer demands a fully digital experience – available online and on mobile.
The ability to verify a user’s identity online without the need for in-person identity verification speeds up customer acquisition, reduces customer abandonment, and drives growth.
Enable low-friction customer acquisition with digital identity verification.
Orchestration of Identity Verification
Orchestration of Identity Verification
Leverage a multi-layered and risk-based approach that aligns with recommended standards for customer verification and assists financial institutions in meeting Know Your Customer (KYC) requirements
A “one-to-many” integration approach results in higher pass rates and enables failover in the case of latency or downtime
Reap the benefits of a single API that eliminates the need to manage other tools
Reduce your implementation costs and complexity with a single vendor and SLA
Optimize and change your identity proofing process with minimal impact
Select the identity verification methods that align best to your organizational risk tolerance
Acquire new customers easily with identity verification checks available worldwide
Support your evolving business requirements, such as expansion into new regions
Name Matching
Prevent failures due to names with special characters, identity documents that contain maiden/married names, or sub-optimal OCR
Ensure that the person presenting the identity document is the same person intended for the identity check
Workflow, Design & UX
Visual Workflow Designer makes it easy to map out workflows for the end-to-end financial agreement process. The drag-and-drop interface and pre-defined actions simplify the task of building sophisticated ID verification and signing workflows.
Completely white-label the electronic identity verification and biometric verification processes and put your brand front and center on web and mobile pages that applicants see. A fully branded transaction reinforces customer trust and ensures the highest adoption rates.
The step-by-step identity verification process is optimized for small form factor devices such as smartphones and tablets. Easy-to-understand instructions help applicants move seamlessly through the mobile ID capture and selfie biometric verification process.
Audit Trails
The audit trail contains details of the identification checks and results performed by the customer. This will include the request/response in JSON format with the details of the check performed.
Ability to capture a full timeline of timestamped events. Whenever an action is performed by a customer or a page is loaded this will be recorded in the audit trail.
Copies of the pages that the customer saw when working through the digital identity verification process are recorded so that these can be played with the event timeline to reveal exactly what the customer did and saw.
Verification audit trails can be embedded into an e-signed agreement to prove compliance.
AI-powered Analytics
Accurately verify documents across the globe by harnessing the power of AI – including computer vision, machine learning, and deep learning algorithms designed to detect fraudulent IDs
Machine learning weighs results from hundreds of algorithms, making intelligent decisions in a matter of seconds
How Can We Help?
Inquire now! Fill out the form below and our team will reach out to you as soon as we can.
Head Office
1005 Metropolitan Ave, Corner Kakarong, Makati, 1205 Metro Manila
Cebu Office
2F Unit 202-204, GMC Innovation Center, M. J. Cuenco Ave, Brgy San Roque Cebu City 6000
Davao Office
Unit 11, Plug Holdings Bldg, 141 R. Castillo St, Agdao, Davao City, 8000 Davao del Sur
