Veriff — KYC & AML

Veriff — KYC & AML logo

Veriff and Identity Verification

Veriff has established itself as one of the most innovative and reliable identity verification platforms for organizations operating in the digital environment. Its infrastructure allows businesses to confirm that their users are who they claim to be through an automated process that analyzes thousands of technological and behavioral variables in a matter of seconds. By focusing on mitigating fraud attempts and simplifying regulatory compliance, the solution seamlessly integrates into demanding sectors such as fintech, cryptocurrency exchanges, and iGaming, providing an indispensable layer of trust for expansion into global markets.

Veriff, established in 2015 and headquartered in Tallin, Estonia, operates within the compliance sector, specifically focusing on Know Your Customer (KYC) and Anti-Money Laundering (AML) processes. The company provides an identity verification platform designed for digital environments. This platform facilitates the confirmation of user identities through an automated process that analyzes various technological and behavioral data points. The objective is to mitigate fraudulent activities and streamline regulatory compliance for businesses operating online. The platform integrates into high-demand sectors such as fintech, cryptocurrency exchanges, and iGaming. For these industries, Veriff's solution aims to establish a layer of trust, which is critical for their operations and expansion into different markets. The company holds several certifications, including ISO/IEC 27001, SOC 2 Type II, and iBeta ISO/IEC 30107-3 (Levels 1 and 2), indicating adherence to specific security and performance standards. Additionally, it complies with data protection regulations such as GDPR and CCPA. Veriff's approach to identity verification involves a multi-faceted analysis, evaluating numerous variables to authenticate users rapidly. This automated process is intended to reduce manual intervention and accelerate the onboarding of legitimate customers, while simultaneously detecting and preventing fraudulent attempts. The emphasis on both technological and behavioral analysis distinguishes its method within the identity verification landscape.
Veriff - Technical Sheet
Founded2015
HQTallin, Estonia
CountryEstonia
LicensesISO/IEC 27001, SOC 2 Type II, iBeta ISO/IEC 30107-3 (Niveles 1 y 2), GDPR, CCPA
Webhttps://www.veriff.com
Jobshttps://www.veriff.com/careers

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Frequently Asked Questions

What is Veriff and what facial biometric technology does it use for identity verification?
Veriff is a leading online identity verification provider that uses advanced facial biometrics technology to authenticate users. Its platform combines artificial intelligence and machine learning to analyze unique facial features, ensuring the authenticity of the person registering. This involves scanning identity documents and comparing them with a real-time selfie, ensuring that the person undergoing verification is the legitimate document holder. Their technology is key for secure digital onboarding across various industries.
What is Veriff, where is it based, and what identity verification products does it offer iGaming operators?
Veriff is a leading identity verification company based in Tallinn, Estonia. For iGaming operators, it offers robust solutions that streamline the user onboarding process (KYC) and prevent fraud. Its products include government-issued identity document verification, facial matching, and liveness detection. These tools are crucial for complying with anti-money laundering (AML) regulations and ensuring a safe and reliable gaming environment, optimizing the user experience from the very first interaction with the platform.
How does Veriff's liveness detection prevent fraud with pre-recorded photos or videos?
Veriff's liveness detection system is a crucial feature that prevents fraud by ensuring the person being verified is real and present. It uses sophisticated algorithms to detect signs of life, such as subtle movements, light reflections in the eyes, and breathing patterns. This prevents fraudsters from using photos, pre-recorded videos, or masks to impersonate identities. The technology analyzes multiple data points in real-time, guaranteeing robust authentication and minimizing fraud risks during the verification process.
How does Veriff's identity verification process work, including document, selfie, liveness detection, and response times?
Veriff's verification process is intuitive and fast. The user uploads an image of their ID document (national ID, passport, etc.) and then takes a selfie or a short video. Veriff's technology uses advanced algorithms to verify the authenticity of the document and perform facial matching, incorporating liveness detection to ensure the person is real and present. This system helps prevent identity fraud. Generally, response times are almost instantaneous, allowing for a smooth and efficient onboarding in a matter of seconds.
What data protection regulations does Veriff comply with when processing biometric data, such as GDPR, LGPD, and local regulations?
Veriff operates under strict data protection standards, complying with global and local regulations. It is fully compliant with GDPR (General Data Protection Regulation of the European Union) and LGPD (Brazil's General Data Protection Law), which establish rigorous guidelines for the processing of personal and biometric data. Furthermore, it adheres to the data protection regulations of each country where it operates, ensuring that user information privacy and security are guaranteed at all times, including the specific regulations in Latin America.
Which LATAM markets have operators that use Veriff, and which local regulations does it comply with?
In Latin America, Veriff is already used by iGaming operators in regulated markets such as Colombia, where it complies with Coljuegos' requirements. It also has a presence in Brazil, where the regulation of Law 14.790/2023, effective from January 2025, has driven its adoption. In Peru, with the regulation approved in 2024 currently being implemented, Veriff is positioned as a key ally. Its platform is designed to adapt to local regulatory frameworks, ensuring compliance with KYC and AML standards in every jurisdiction where it operates.
How does Veriff integrate with PAM platforms and what SDKs are available for web, iOS, and Android?
Veriff integrates flexibly with Player Account Management (PAM) platforms through robust APIs. This allows operators to embed identity verification directly into their registration flows. Additionally, Veriff offers Software Development Kits (SDKs) specifically for major platforms: web, iOS, and Android. These SDKs facilitate native and optimized integration into mobile applications and websites, providing a smooth and consistent user experience and ensuring that verification is performed seamlessly within the operator's ecosystem.
Which iGaming operators use Veriff for player onboarding and what conversion rates do they achieve?
Numerous iGaming operators globally and in Latin America trust Veriff to optimize player onboarding. Companies like Betway and 888 Holdings have implemented their solutions to streamline the registration process, enhance user experience, and comply with KYC regulations. The results typically show a significant increase in conversion rates, often exceeding 80% for verification completion, thanks to the platform's speed and ease of use. This reduces registration abandonment and allows operators to acquire more legitimate players.
What is biometric data, how does Veriff process it securely, and why is it key for KYC in online casinos?
Biometric data refers to unique physical or behavioral characteristics of an individual, such as fingerprints or facial recognition, used to verify their identity. Veriff securely processes this data using advanced encryption and storage on protected servers, ensuring privacy. In the context of online casinos, biometric data is crucial for KYC (Know Your Customer), as it enables effective player identity verification, prevents fraud and money laundering, and ensures compliance with the legal gambling age, which is fundamental for responsible operations.
What is money laundering in iGaming and how does Veriff help operators detect and prevent it?
Money laundering in iGaming involves using gambling platforms to launder funds from illicit sources, making it difficult to trace their origin. In LatAm, operators need robust tools to combat it. Veriff helps Argentine operators detect and prevent money laundering through comprehensive user identity verification (KYC). By ensuring that every player is who they claim to be and is not using fake identities, Veriff makes it harder to create ghost accounts or use third-party data to move illicit funds, thereby strengthening AML defenses.