What is identity verification as a service?

Person using cell phone to digitally verify identity as a service

Last updated on November 30th, 2023 at 12:18 pm

Identity Verification as a Service (IDaaS) is a cloud-based solution that allows businesses to verify the identities of individuals remotely and securely. It provides an automated and streamlined process for verifying the authenticity of identity documents, such as passports, driver’s licenses, and national IDs, as well as validating the information provided by the user.

IDaaS typically utilizes a combination of artificial intelligence, machine learning, and advanced algorithms to verify the identity of an individual. The process usually involves the following steps:

Document verification

The user uploads a scanned copy or a photo of their ID or passport. The service then analyzes the document to check for signs of tampering, forgery, or alteration. The document verification process can usually be divided into four steps: “document collection, data extraction, document validation, and manual verification.”

Biometric verification

Biometric verification involves matching an individual’s unique traits to his or her identification. The user provides biometric data, such as a facial image or a fingerprint scan. This data is compared against the information extracted from the ID or passport to ensure a match.

Data verification

The service verifies the data provided by the user against various trusted data sources, such as government databases or credit bureaus. It checks the user’s name, date of birth, address, and other relevant information for accuracy and consistency. IDScan.net’s DIVE API “uses ID scanning and selfies to securely verify user identity.”

Risk assessment

The service assesses the risk associated with the identity verification process. It may consider factors, such as the reputation of the identity document, the user’s location, and any suspicious patterns or anomalies detected. Assessing risk is an important part of the identity verification process: “Risk levels can change as technology, regulations, consumer behavior and criminal activities evolve. Optimizing the performance of your identity program by using flexible verification methods allows you to be agile –– and adjust your approach as business needs change.”

Results and decision

Based on the analysis of the provided data and verification checks, the service provides a verification result or score, indicating the level of confidence in the individual’s identity. This helps businesses make informed decisions about whether to trust the user and proceed with a transaction or service.

IDaaS benefits

IDaaS offers several benefits to businesses, including increased security, reduced fraud, improved customer experience, and compliance with regulatory requirements. By outsourcing the identity verification process to a specialized service, business owners can focus on running a successful business.

It’s worth noting that the specific features and capabilities of IDaaS may vary across service providers, and the implementation may differ depending on the industry and regulatory requirements of a particular region or country.