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IDVerse partners with Experian for Digital Identity Verification

By Gloria Methri

May 31, 2023

  • AI
  • APIs
  • Compliance
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Experian, FinTech, APIs, USA, IDVerse, AI, Digital Identity Verification, Digital Onboarding, CrossCore, Fraud Management, ComplianceExperian, a global information services company, has chosen identity verification solution provider IDVerse, to support its customer’s digital onboarding and to expand its footprint across the globe.

By partnering with IDVerse, Experian will allow its customer base to carry out identity verification checks as part of the customer journey. It also enables Experian to widen its partner ecosystem, making the end-to-end onboarding process seamless for clients and consumers.

The partnership will allow Experian to an automated identity verification solution for its clients that complements its CrossCore fraud management ecosystem. In addition to providing future-proof strategies, the combined solution will also help catch fraud more quickly, improve compliance, and improve customer satisfaction.

Eduardo Castro, Managing Director ID&F, Experian UK&I, said, “Experian is committed to helping eliminate fraud and financial crime, ensuring safe financial access for all. As part of this journey, we are delighted to be working with IDVerse. Its generative AI capabilities are a natural addition to our existing CrossCore solution, offering our customers more flexibility and the ability to adapt to changing circumstances.”

IDVerse’s proprietary technology claims to provide a smooth customer onboarding experience and a response time of under 30 seconds. The company’s Zero Bias AI-tested technology specialises in the use of generative AI to train deep neural network systems to protect against discrimination based on race, age, and gender while defending against deepfakes.

John Myers, CEO at IDVerse, said, “IDVerse is a new generation of AI that is more intuitive and adaptive at making real-time risk decisions throughout the customer lifecycle. Our new name reflects the expansive potential of our generative AI technology and a continuing commitment to partner with innovators like Experian, who are fusing risk-based authentication, identity validation, and fraud detection into a single, state-of-the-art cloud platform.”

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