Question: I need a solution that helps verify customer identities and minimizes financial risk in the payments industry.

Ekata offers a global customer identity verification and fraud prevention service. It uses machine learning to verify identities, inform AML risk assessments and ensure KYC compliance. With tools like Identity Review 360, Account Opening API, and Transaction Risk API, Ekata helps prevent fraudulent account creation, payment authentication and transaction fraud, and is a good choice for companies that want to onboard new customers with confidence and reduce the number of fraud reviews.

Another good option is Veriff, which uses AI in conjunction with human verification teams to offer a smooth customer experience. It can verify more than 11,500 government-issued IDs from more than 230 countries and territories, and it offers identity and document verification, proof of address, and AML screening. Veriff's focus on fast decision-making and a smooth user experience can dramatically increase conversions and decrease friction, and it's a good choice for financial services and other businesses.

Onfido also offers a powerful digital identity service, using AI to automate customer onboarding and ensure global KYC and AML compliance. With tools like a Smart Capture SDK, Global Verification Suite and Atlas AI for automated onboarding, Onfido can help streamline the customer verification process, cut costs and ensure regulatory compliance.

For a global presence, Shufti Pro offers an adaptable identity verification service that works in more than 150 languages and covers more than 240 countries and territories. It offers a variety of features like face verification, document verification and AML screening, and is a good fit for industries like banking, fintech and e-commerce where strong identity verification is important.