Digital interactions are present in banking, healthcare, and other sectors. Identity verification services play a prominent role in proving that users are who they say they are.
Secure online transactions, fraud prevention, regulation compliance, and customer data protection all become more manageable with the right identity verification service.
However, with so many different solutions, ranging from biometric authentication to AI-driven fraud detection, choosing the right partner can be overwhelming.
This article breaks down the best identity verification service providers and explores their strengths and weaknesses. Whether you are a small startup or an established enterprise, making an informed decision won’t be a problem when you finish reading about the listed options.
Top 10 Picks for Identity Verification Service Providers
1. iDenfy – All-in-one identity verification platform to onboard more users
2. Seon – The Command Center for Fraud Prevention & AML Compliance
3. ID.me – One identity. Securely yours. Verified everywhere.
4. Onfido – Identity verification solutions that empower your business to thrive
5. Veriff – The identity verification platform built for trust
6. Jumio – The future of identity is here
7. SumSub – The power of one verification platform
8. Trulioo – All Your Identity Verification Combined
9. Ondato – Beat the Challenge of KYC, KYB, and AML
10. HyperVerge – End-to-End Automation. Orchestrated for Equipment Financing and More
How to Choose the Best Service Provider?
Your choice of an identity verification service provider comes down to your industry, risk level, and user experience goals. For the right fit, consider these key factors:
- Security and compliance. Look for strong encryption and adherence to GDPR and other standards.
- User experience. Is the platform easy to use? What is the mobile experience like? Does it support multiple languages? Find answers to these and similar questions.
- Costs and pricing. Determine whether the costs are per user, verification, or if it’s a monthly subscription.
- Accuracy and fraud prevention. Advanced fraud detection features are a plus, especially for more sophisticated fraud attempts. So is the accuracy in determining false positives and negatives.
1. Idenfy
Idenfy lets you convert more users, scale faster, and tackle security challenges. It’s an all-in-one identity verification, fraud prevention, and compliance platform.
Integrating and customizing the ID verification service flow doesn’t require heavy engineering. The service is proactive in fighting fraud while staying compliant with an ever-changing regulatory landscape.
Notable Features and Strengths
- Supports over 200 countries and territories;
- Supports passports, passport cards, identity cards, driving licenses, residence permits, visas, and military cards;
- Offers 3D active liveness detection and regular passive liveness detection;
- Has a hybrid ID verification system (an automated system with human supervision);
Pricing
The pricing revolves around paying per onboarded customer (all denied, unfinished verifications are free of charge).
2. Seon
Seon is a cloud-based identity verification solution that combines machine learning, social intelligence, and digital footprints to detect and prevent fraudulent transactions occurring in real time.
Notable Features and Strengths
- Supports over 200 countries and territories;
An API-first approach ensures seamless connectivity with your existing systems; - Over 1,000 online and device signals to catch fraud others miss—without compromising user experience;
- Built-in scalability and robust protection;
Pricing
The starter plan costs $699 per month and offers 2,500 fraud checks/month. The platform also has a Premium plan with custom pricing depending on your needs.
3. ID.me
ID.me is a solid option as far as identity verification service providers go. It’s used by government agencies, healthcare providers, retailers, and financial institutions. Such versatility confirms the platform’s reliability.
Notable Features and Strengths
- Supports passports, passport cards, identity cards, and driving licenses;
- Offers 3D active liveness detection;
- Has a hybrid ID verification system (an automated system with human supervision)
Pricing
The pricing model is pay per completed ID verification.
4. Onfido
Onfido is one of the leading identity verification service providers. Businesses across the globe rely on the platform to verify customer identity online.
The service combines advanced AI capabilities with a comprehensive library of biometric verification techniques and identity documents.
Notable Features and Strengths
- Supports 195 countries/territories;
- Offers remote identity and document authentication with a smartphone-based biometric verification process;
- Advanced facial recognition with auto-detection;
- Built-in monitoring and reporting tools for performance and usage;
Pricing
Offers a 30-day free trial. After that, it’s pay per each ID verification.
5. Veriff
Veriff helps uphold the trust shown by your customers. The platform is built for global businesses operating in financial services, human resources, ecommerce, video gaming, and more.
- Supports 230+ countries and territories;
- Automatically detects the specimen and adapts the verification flow;
- Offers pattern fraud mitigation, agile fraud protection;
Pricing
The platform has a free 15-day trial. Then it’s pay-per-verification, starting from $0.80.
6. Jumio
Jumio is one of the best solutions to deliver continuous and intelligent identity insights throughout the customer lifecycle.
Notable Features and Strengths
- Machine learning models have been trained on hundreds of millions of real-world identity verifications to better address challenges;
- The platform continually trains its machine learning models with human review to tag ID images on characteristics;
- Supports more than 5,000 ID document types across 200 countries and territories;
Pricing
Jumio offers custom pricing, which is great for enterprises looking to scale. On the other hand, some users reported that compared to other platforms, the expenses can build up over time and prove too much to handle.
7. SumSub
SumSum lets you control identity under one configurable platform. The service utilizes adaptive AI intelligence to support global scales. Every step of the customer journey remains secure.
Notable Features and Strengths
- Unilink lets you skip the integration process entirely and add an identity verification link or QR code to your website. Your customers can pass verification immediately by simply clicking the link;
- Email risk assessment, phone risk assessment, device intelligence;
- Offers liveness and face match check;
You pay per verification. The basic plan starts at $1.35 per, with the option to add extra features that increase the cost.
8. Trulioo
Trulioo can be described as a platform where cutting-edge KYC, AML, and KYB capabilities are put up against complex regulatory requirements. Still, the service prevails.
Notable Features and Strengths
- More than 450 data sources and coverage of 14,000-plus document types from around the world;
- Proprietary machine learning models optimize for speed, cost, and accuracy, automatically routing transactions to the best-performing sources per region;
- delivers KYB and KYC in a single workflow, supports 500 business registration number formats, and normalizes 150 data fields for faster decisions;
Pricing
Trulioo does not offer public pricing details. You have to arrange a conversation with the sales team and discuss the needs and usage volumes.
9. Ondato
Ondato is a SaaS-based platform that offers KYC compliance processes, starting with identity verification and business onboarding, and covering the entire client lifecycle, as well as user-based management.
Notable Features and Strengths
- Adhere to legal and regulatory requirements with an efficient verification process, ensuring any changes or updates to regulations are reacted to in a timely manner;
- Identify and mitigate potential risks associated with fraud, money laundering, and other illicit activities;
- Provide the best user journey for your customers and gain their trust with a customisable process that can fully fit your business needs;
- Use automation to streamline customer onboarding from identity verification to ongoing monitoring;
Pricing
Identity verification ranges from €1,40 – €0,50, KYB onboarding starts from €600, and age verification ranges from €0,11 – €0,01 per verification.
10. HyperVerge
HyperVerge offers cutting-edge ID verification as well as error-free OCR solutions and AML screening. Among its other features are robust deepfake detection and streamlined KYC solutions.
Notable Features and Strengths
- Allows for instant verification of the customer’s legal age;
- Catches fraudsters with an AI monitoring system;
- Analyzes cash flow and underwriting risks;
- Onboards users globally using the address verification system;
Pricing
The exact pricing details are not available directly on the website. You will need to contact the sales. The platform has three plans—Start, Grow, and Enterprise, with the first offering a month-long free trial.
Frequently Asked Questions
1. What is an identity verification service?
Identity verification services help businesses confirm the identity of a user by checking documents (IDs, passports), biometrics, databases, and other digital identifiers.
2. Why is it important to confirm user identity?
The purpose of identity verification is to prevent fraud, protect user accounts, and ensure compliance with regulations like KYC and AML.
3. How do identity verification service providers differ from one another?
Different service providers have different methods to verify identity. Some use AI, others rely on human intervention. Then there are differences in speed, pricing, or even geographic reach.
4. Are identity verification providers reliable?
Reputable providers use encryption, secure servers, and complicated compliance frameworks to ensure personal data is safe.
5. How much does an identity verification service cost?
Price ranges vary a lot. Some services are cheaper than others and also offer free trials. Costs also come down to check volumes and verification types.
6. Which industries benefit the most from using identity verification services?
Industries often mentioned in this context are financial services, fintech, ecommerce, and gig economy platforms. Having said that, it’s expected that more and more industries will move toward implementing identity verification solutions.
Conclusion
All in all, you should have enough options to consider for your identity verification service provider.
Study each carefully and determine which one sounds the best for your needs. If you can, don’t hesitate to contact sales and discuss the details.
Most services also have a free trial, so you can check different providers before committing to one.
