Onfido expands biometrics and AI fraud threat mitigation platform capabilities

Onfido has added four new products to its biometrics and artificial intelligence (AI)-powered identity verification and authentication service known as the'Real Identity Platform,' promising superior results and performance. The update is comprised of the Onfido Verification Suite, Onfido Studio, Onfido Smart Capture, and Onfido Atlas AI. The Verification Suite is a curated library of trusted data sources and identity verification services to offer a user experience tailored around specific fraud and regulatory use cases, compliance requirements, global needs, risk appetite, and business objectives. It is integrated into Onfido's document and biometric identity verification solution and carries trusted data verification sources like a U.S. social security number and sanctions watchlist, and fraud detection verification through geolocation and phone verification among other options. Studio is described as an orchestration software built around a no-code platform and analytics tools for businesses.