8ID – WE SECURE YOUR IDENTITY® VIDEO APPROVAL
AML regulations need a more serious analysis of users. In this way, we create this inclusive product for our clients.
VIDEO APPROVAL FOR AML
AI-BASED TECHNOLOGY WITH THE EXPERTISE OF HIGHLY QUALIFIED IDENT SPECIALISTS IN ONE DIGITAL PLACE
All the customer needs is Internet access, a computer with a webcam, a smartphone or tablet, and their valid identity document. Video Approval® enables identification by video chat while considering all the requirements outlined in the Money Laundering Act, data protection directives, and the conditions laid down by the respective supervisory authorities (e.g., BaFin, FIAU, and FINMA)
Advantages
– Higher conversion rate.
– Highest security standard & legal compliance.
– Customized integration capability.
– Improved quality of your customer data.
Customers' Advantages
– Anytime and anywhere.
– No additional hardware.
– Easy and quick in a few minutes.
– Real-time processing of the request.
Digital identity verification lets you build a bespoke, trusted identity profile
Identity verification technology helps establish the legitimate online identity of the people accessing your product or service.
But verifying identity isn’t one-size-fits-all at 8id. You can layer our solutions, from one to many, to build up the level of knowledge and trust you need to be confident that your customers are who they say they are.
You can start with a database identity check to get a sense that your customer exists. Adding user verification will strengthen your confidence that they are who they say by confirming using a valid, genuine identity document—the most complete digital identity verification layers biometrics on top of document verification.
Adding Video Approval® ensures that the person trying to access your platform is the actual owner of the document and is physically present.
Let us help you discover the identity profile that works best for your business.
Higher security, better customer experience: the 8id identity verification advantage
Total Control® can have equal benefits for your customers and your business.
With 8ID’s, your business doesn’t need to compromise between simple and seamless user experience, scalability, and fraud prevention.
You get more substantial confidence in the digital profiles of the people accessing your services. Plus, you’ll have the comfort of knowing you’re mitigating compliance risk by addressing KYC requirements for identity or age verification obligations.
You can also build more intimacy with your users and offer a more bespoke customer journey.
Our focus on your user experience minimizes onboarding drop-off, abandoned carts, and rejection rates.
USE CASES
DIGITALIZING BUSINESS PROCESSES IS NOW THE MAIN CHALLENGE FOR COMPANIES. 8ID IS A GREAT PARTNER FOR SECURITY, FINANCE, INSURANCE, TELECOMMUNICATIONS, AUTOMOTIVE, AND ECOMMERCE SECTORS.
Business Verification
All merchants aboard!
It’s time to stop onboarding entities with emails and spreadsheets—modern, compliant with 8ID is finally here.
Check merchants’ vitals and hierarchy automatically, create detailed profiles of beneficiaries, directors, key controllers, screen and monitor UBOs in a modern way.
AML screening
Empower your compliance team with the best data. Automated, ongoing risk monitoring within the authoritative sources and fuzzy matching.
– Sanctions and watchlists (UN, OFAC, HMT, EU) and regional sanctions data
– Structured PEPs profiles categorized for flexible workflows
– Adverse media to bare the false positives
Anti-fraud and chargeback protection
– Give your business the protection it deserves
– Behavioral patterns monitoring
– Graphic editors intervention detection
– Biometric anti spoofing
– Global blacklists and darknet documents cross-reference
– Chargeback prevention for suspicious chargeback claims
