Onfido — KYC & AML
Onfido and Digital Identity
Onfido stands out for its ability to simplify access to financial services and digital platforms through a high-precision identity verification infrastructure. Its approach focuses on eliminating friction during new user registration, allowing organizations to validate the legitimacy of their customers remotely and securely. By acting as a bridge of trust between the physical and digital worlds, the solution enables companies in sectors such as banking, iGaming, and the sharing economy to operate with complete transparency and operational speed.
Onfido, a London-based compliance provider established in 2012, operates within the Know Your Customer (KYC) and Anti-Money Laundering (AML) subcategories. The company offers digital identity verification infrastructure, primarily designed to streamline customer onboarding processes across various sectors. This infrastructure focuses on enabling remote and secure validation of user identities, addressing the challenge of friction often encountered during new user registration in digital environments.
The core value proposition of Onfido centers on facilitating access to digital services and financial platforms by bridging physical and digital identity verification. For the iGaming sector, this translates into a mechanism for operators to verify player legitimacy efficiently, without hindering the user experience. The solution aims to ensure operational transparency and speed, critical factors in regulated markets where compliance with identity verification mandates is non-negotiable.
Onfido's operational framework is supported by a set of certifications and standards, including ISO/IEC 27001, SOC 2 Type 2, WCAG 2.1, FIDO Alliance, and adherence to GDPR principles. These attestations reflect a commitment to data security, accessibility, and regulatory compliance, particularly relevant for businesses handling sensitive user information. The company's technology is built to provide a reliable method for organizations to confirm customer identities remotely, a necessity for digital-first businesses operating in industries like iGaming, banking, and the collaborative economy.