2022 in Fully-Verified
January 25, 2023
January 2023 2022 in Fully-Verified It’s been an eventful year here at Fully-Verified. We’ve made significant strides in improving the accuracy and efficiency of our
January 2023
2022 in Fully-Verified
It’s been an eventful year here at Fully-Verified. We’ve made significant strides in improving the accuracy and efficiency of our verification processes, and we’ve also expanded our services to meet the growing demand for secure online identity verification. What is more, we grew together and welcomed new people on board!
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Year's highlights
One of the year’s highlights was the introduction of our advanced automated verification system. This system utilizes cutting-edge facial recognition technology to verify our users’ identity precisely. Not only is this system highly accurate, but it also significantly reduces the risk of identity fraud and helps to protect our users’ personal information. This has been a game-changer for our clients, who can now onboard new customers and employees much faster and more accurately.
We now have three different identity verification solutions:
- Live-Verify is a fully compliant, AI-backed KYC solution that delivers instant identity verification without the need for in-person meetings. Our trained specialists assess the verification via video in real-time. Live video is used to confirm the legitimacy of documents, ensure document authenticity, and guarantee that the person is who they say they are during identification. Live-verify is a secure and seamless two-way video verification service that combines the strengths of human specialists and AI technology into a single solution.
- Self-Verify allows users to complete KYC/AML processes in minutes without human intervention. The user is recorded through the whole process, and a trained agent then double-checks the result.
- Auto-Verify is a 24/7 identity verification tool that makes it easy for people to quickly and easily complete compliance checks required to verify their identity. Our solution uses cutting-edge technology to automate the process and uses real-life feedback, liveness detection, and artificial intelligence.
Verification processes improvements
We’ve also made several improvements to our verification processes to ensure they are as seamless and user-friendly as possible. We continuously improve our methodology, which allows us to verify users faster. We have widened the browser support for our products which now include Safari, Google Chrome, and Mozilla Firefox (both mobile and desktop).
Offer development
Our Pep and Sanctions check is now also a standalone offer, which means that it can be used independently from verifications. As part of our commitment to providing the best possible service to our clients, we’ve also made many improvements to our customer support and training offerings. We have developed a range of training materials and resources to help our clients get the most out of our products.
Another major accomplishment for the year was expanding our services to several new markets worldwide. We’ve seen a tremendous response to our services, and we’re excited to continue to grow and evolve to meet the needs of our users.
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for global customer onboarding
Streamline your onboarding processes.
Experience unparalleled automation.
Eliminate identity fraud
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Partnerships and collaborations
Our next area of focus this year has been on building partnerships and collaborations. We’ve worked closely with several leading companies in the tech and financial industries, and we have been a part of a project co-financed by European Union Funds. The aim of the project is to carry out research and development work on the expansion of IT tools and algorithms for the automatic verification of users’ identity.
Overall, it’s been a fantastic year for our identity verification company. We’ve made significant progress in our mission to provide secure and reliable identity verification solutions for businesses worldwide. We’ve made substantial progress in improving the accuracy and efficiency of our verification processes and implemented an automated verification tool.
Thank you to all of our clients and partners for your support, and we hope to continue working with you in the future. We’re excited to continue to innovate and grow in the coming year.
Discover the KYC platform for global customer onboarding
Streamline your onboarding processes. Experience unparalleled automation.
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Fully-Verified was created as answer to its founders collectively losing over $150 000 to various types of fraud in their eCommerce businesses.
