17. IDVerse

Company: IDVerse

Founders: Daniel Aiello and Matthew Adams

Website: https://idverse.com/

About IDVerse


IDVerse empowers true identity. Our fully automated solution verifies new users in seconds with just their face and smartphone – in over 220 countries and territories with any ID document – without the burden of human intervention.

Our advancements in Natural Vision Processing (NVP) are enabling machines to autonomously see and perceive as humans and excel in ways that humans cannot.

IDVerse is pioneering a groundbreaking approach to training AI models to combat bias effectively. Our innovative Zero Bias AI™ tested solution leverages Generative AI to create “goodfakes” – synthetic media engineered to de-bias AI algorithms. Deep neural networks trained on a large facial model of 50 million synthetic faces ensure our AI models embrace diversity. This means that customers can access digital identity verification services without fear of being unfairly denied access based on factors like race, gender, or age.

The traditional way of training good AI algorithms has been gathering as much data as possible. But that sometimes leads to unethical practices, including obtaining facial data from people who have not consented to sharing it. IDVerse believes there is a need for a “data nutrition label” for AI models that could ensure that faces were sourced ethically with the consent of the owners.

Its deep neural network is built to detect pixel changes, deep fakes, screens, printouts and more – and continues to learn new techniques in real-time. Using live video, it also determines the context of the face shown and reviews objects and surroundings in the room – before, during and after the facial biometric check.

Four proprietary technologies are the building blocks for one complete onboarding solution to support this – identity document optical character recognition (OCR), document fraud assessment, biometric liveness detection, and face matching.

We are the first company to achieve 99.99 percent accuracy in independent lab testing. Our technology has been successfully tested by NIST-accredited labs and against recognised biometric international standards, e.g., ISO 30107-3 Presentation Attack Detection (PAD). We have also received the official certification for the United Kingdom’s Digital Identity & Attributes Trust Framework (DIATF). No other company in our industry has obtained a similar level of testing certifications, both in terms of extensiveness of standards and actual test scoring performance.

Startups, governments, and global enterprises, including HSBC, Vodafone, BMW, Virgin Money, and ANZ, trust IDVerse to offer borderless and inclusive ID verification to their customers.

We are aiming to bring the same revolution DocuSign managed with contracts to identity verification. Anyone should be able to prove their identity anytime, anywhere to access systems and services to enable business growth and efficiency.

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