Through our product IdentityPass, we offer a comprehensive suite in identity checks and verifications in your Background Checks process. Such services offered include, KYC (Know Your Customer) and KYB (Know Your Business) solutions. Let’s look into our process and advantages of using Prembly IdentityPass verification.
Prembly’s Identity Verification Process
- ID Document Verification: Prembly verifies the authenticity of various ID documents such as passports, driver’s licenses, national IDs, among others across several countries. We use advanced techniques like OCR (Optical Character Recognition) and AI-powered image analysis to extract information, compare to official database and detect fraudulent documents.
- Biometric Verification: Prembly offers biometric dynamism checks and facial recognition to ensure the person presenting the ID is the genuine owner. This helps prevent identity theft and fraud.
- Database Checks: At Prembly, we provide cross-references for provided information against various databases and watchlists (like Anti Money Laundering, AML and global watchlists) to flag potentially risky individuals or entities.
- Address Verification: We verify the accuracy of provided addresses to ensure they are legitimate and associated with the individual.
- Customizable Workflow: We understand with the multiple checks available at Prembly, not all work for you, we work with businesses to tailor the verification process to their specific needs and risk tolerance.
Advantages of Prembly’s Identity verification in Background Checks
- Speed and Efficiency: With our verification portal, we take pride infast verification speeds, with results often available in near real-time. This helps you as a business orner to onboard customers quickly and efficiently.
- Global Coverage: Prembly supports a wide range of ID documents and databases from across the globe. This is suitable for businesses with international operations.
- Accuracy and Reliability: Our AI-powered technology and robust data infrastructure ensure high accuracy in verification results.
- Ease of Integration: Prembly offers APIs and SDKs. They make it easy to integrate our verification solutions into existing applications and websites. Recently, we launched our WordPress verification plugin which allows faster verification deployment across WordPress websites builders.
- Compliance: Prembly helps businesses comply with various KYC and AML regulations, reducing legal and financial risks.
- Fraud Prevention: The combination of document verification, biometric checks, and database checks helps businesses effectively protect themselves from fraudulent actors.
Competitive Advantages
While many competitors offer identity verification services, Prembly stands out in a few key areas:
- Comprehensive Solution: Prembly provides a single platform for a wide range of verification needs. Endpoints such as document verification, biometrics, database checks, and address verification eliminates the need to use multiple vendors.
- Advanced Technology: Prembly leverages cutting-edge AI and machine learning to improve accuracy and efficiency in fraud detection and verification.
- Flexibility and Customization: Prembly allows businesses to tailor the verification workflow to their specific needs and risk appetite.
- Developer-Friendly: Prembly’s APIs and SDKs are well-documented and easy to use, making integration smooth and efficient for developers.
- Focus on User Experience: Prembly prioritizes a seamless and user-friendly experience, making the verification process as quick and painless as possible for end-users.
Conclusion
If you’re considering identity verification solutions for your business, it’s definitely worth exploring Prembly’s offerings and comparing them to other providers based on your specific requirements and priorities.
For a one on one guidance in identity verifications, book an online meeting to speak to our service specialist.
