If you're looking for a broad tool to validate customers' identities and lower fraud risks for e-commerce transactions, Ekata is a good option. The company's platform uses machine learning data to validate identities, inform AML risk assessments and help companies onboard new customers with confidence. Ekata offers a variety of APIs, including Identity Review 360, Transaction Risk API and Address Risk API, to thwart fraudulent account creation and optimize manual review queues, resulting in a better customer experience and lower fraud.
Another good option is Veriff, which marries AI with human verification teams for a seamless customer experience. Veriff supports more than 11,500 government-issued IDs from 230+ countries and territories, so it's a good option for businesses with a global presence. Key features include identity and document verification, KYC onboarding, age validation and AML screening. With high automation rates and support for major regulatory standards, Veriff offers fast decision-making and low user friction to increase conversions and lower fraud.
If you prefer a more AI-heavy approach, Jumio offers a suite of identity verification tools like ID checks, selfie comparisons and liveness detection. Jumio's platform also offers predictive fraud insights through behavioral pattern analysis and real-time risk assessments. It supports more than 5,000 ID types from 200+ countries and territories, with detailed risk scoring and support for regulatory compliance standards like KYC and AML. That makes Jumio a good fit for businesses that need global support and flexible integration options.
Last, Onfido offers a digital identity service that automates customer onboarding and ensures global KYC and AML compliance. With tools like the Smart Capture SDK, Global Verification Suite and Atlas AI, Onfido offers a broad set of tools for businesses that want to simplify onboarding and lower identity fraud risk. The Compliance Suite includes pre-built solutions for Europe, so it's a good fit for businesses with a global presence.