Transforming the P2P Industry
- Instant ID Verification
- Secure Transactions
- KYC Compliance
- Prevent Online Loan Fraud
Online Identity Verification
Our solution is both adaptable and reliable, seamlessly integrating into any workflow. Integrating with lightning-white online Identity verification.
Verify and authenticate ID documents at scale and in real time ID cards, passports, drivers license, residence permits and 200+ countries supported.
Facial recognition technology can assist P2P lending platforms in meeting AML/KYC regulations by providing a fast and accurate way of verifying the identities of all participants in the lending process.
Remove Friction and Fraud While Improving Customer Transaction Experiences
Give your customers peace of mind by adding an extra layer of risk detection while streamlining the customer onboarding experience.
Seamless Integration with Facia’s P2P Solution
Seamless integration with your business ecosystem. A range of set-up and integration options to fit into your existing environment
iOS and Android App built on native tech stack for a seamless onboarding experience.
Ready-made solutions for automated onboarding with fast set-up and easy configuration.
Integrate our KYC and Online verification solutions into your platform, collect the data you need, and get the results via API.
Frequently Asked Questions
Digital identity verification is a process that validates the authenticity of a user’s identity using digital documents, biometrics, or other online validation methods. It ensures that users are who they claim to be, thereby enhancing security in online platforms and services.
To verify customer identity, you can employ various methods such as: Document Verification: Ask for official documents like passports or driver's licenses. Online Validation: Utilize online platforms to check the authenticity of customer details. Biometric Verification: Use facial recognition or fingerprint scanning technologies for validation.
Identity verification in the P2P industry is crucial for: Security: Protecting platforms from fraudulent activities and unauthorized transactions. Trust: Building confidence among users regarding the safety of their transactions. Regulatory Compliance: Adhering to legal requirements such as Anti-Money Laundering (AML) laws.
A liveness check is essential in the P2P industry to: Spoofing Attacks: Ensuring the physical presence of the user during the transaction. Enhance Security: Making the authentication process more robust against fraudulent activities.
The best anti-fraud solution for P2P platforms is the one that offers comprehensive protection through: Multi-Factor Authentication: Using multiple verification methods for secure transactions. Machine Learning Algorithms: Identifying unusual patterns and potential fraudulent activities. Liveness Detection: Implementing technologies like Facia to ensure the real-time presence of the user. Continuous Monitoring and Alerting: Instant notifications for suspicious activities, enabling immediate action.