Trueface.ai a 500 Startups alumni, launches IDVerify to simplify onboarding and KYC AML compliance
SAN FRANCISCO (PRWEB) January 29, 2018 -- Trueface.ai, a 500 Startups Batch 22 alumni has launched an innovative identity verification solution for businesses ranging from startups to enterprises. Offered as both an API and a code free solution, the service simplifies physical and remote identity verification for use cases that include account openings, securing high value transactions, proctoring, e-learning and more.
As more of our critical information and important transactions shift online, Trueface.ai is creating digital identity verification solutions to increase security and safety. To date, Trueface.ai solutions include state-of-the-art facial recognition, proprietary spoof detection that works on single static images (ensuring a proof of possession and presence), document verification, AML/PEP sanction checks and web verification, which can source public social media information and generate challenge questions to be asked to the individual.
The technology works with identity documents from over 150 countries and can be used via Trueface.ai’s web and mobile applications without writing one line of code. Trueface.ai also offers an API, mobile SDKs, and HTML widgets to simplify integrations. The service is already used by online notaries, fintech startups, e-learning firms and rental companies.
Shaun Moore, CEO of Trueface.ai believes “online identity fraud is becoming an increasingly more difficult problem for companies to mitigate and we built this tool so that businesses of any size can use our cutting edge technology to be confident they know who they are working with.”
The company’s technology uses deep learning to extract, normalize, magnify, validate and match faces on identity documents. Nezare Chafni, CTO of Trueface.ai, explains that the company’s “innovative technology and simple straightforward pricing create an advantage for customers in an industry plagued by high costs.”
About Trueface.ai:
Trueface.ai was born out of Chui, a facial recognition access control system, and launched in June of 2017 on Product Hunt. After three years in the commercial access control industry the team recognized a larger paradigm shift in the digitization of information and transactions and a need for these digital actions to be verified securely. Trueface.ai provides an entire suite of solutions to businesses seeking to be on the cutting edge of identity management innovation.
Shaun Moore, Trueface.Ai, http://www.trueface.ai, +1 (628) 400-9108, [email protected]
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