Question: How can I implement a secure and efficient way to onboard new customers while minimizing the risk of identity fraud?

If you're looking for a way to onboard new customers securely and efficiently while reducing identity fraud risk, check out Onfido. Onfido has an AI-based digital identity platform that includes features like Smart Capture SDK, Global Verification Suite and Atlas AI for automated onboarding and KYC compliance. Its Compliance Suite includes ETSI-certified identity verification and other pre-built solutions for Europe, so it's a good option for companies that want to onboard customers quickly and lower fraud risk.

Another good option is Jumio, which offers an AI-based identity verification platform with more advanced features like ID checks, selfie comparisons and liveness detection. Jumio's platform also offers detailed risk scoring, real-time risk assessment and customization for specific business needs. With support for more than 5,000 ID types from 200+ countries, Jumio is very flexible and compliant with regulations like KYC, AML, CCPA and GDPR.

Veriff is also worth a look, with a full identity verification system that combines AI with human verification teams. It offers a variety of verification checks, including identity and document verification, KYC onboarding and AML screening. With support for more than 11,500 government-issued IDs from 230+ countries, Veriff offers a global solution that's focused on providing a good user experience and optimizing conversions.

If you prefer a more automated approach, HyperVerge offers an AI-based identity verification platform designed to boost conversion rates and cut fraud. It includes features like face validation, ID validation and fraud detection. HyperVerge also offers easy integration and no-code workflow building. It's a good option for businesses expanding globally and that need to comply with a variety of industries.