OneSpan Identity Verification
OneSpan Identity Verification provides access to a wide range of global identity verification services, all via a single API. Designed to help financial institutions acquire more customers, reduce abandonment, and mitigate fraud, OneSpan Identity Verification is configured to your requirements, providing the right level of identity assurance for your unique workflow and use case.
Digital transformation has further accelerated due to COVID-19, Financial Institutions now face higher customer expectations in terms of speed and convenience of the onboarding journey. Data breaches rendering Knowledge Based Authentication and static identity checks obsolete and regulatory requirements (e.g., AML, KYC, eIDAS) force banks to seek document-centric solutions that can provide a higher level of identity assurance compared to data-centric approaches of the past, and more globally, to grow online and mobile delivery channels for customer acquisition .
Increase match rates, reduce friction, and fight fraud. Common problems with document verification include names with accents, special characters, or married/maiden names.
Automate and enforce business rules throughout the digital customer journey. Every use case is unique, provide customers with the right level of identity assurance without sacrificing the CX.
Single audit trail
Access a single audit trail for all events in the identity verification and e-signature transaction. Demonstrate enforceability in the event of an audit.