UK fintech Curve has announced a partnership with identity verification and authentication company, Onfido.
By integrating Onfido’s AI-powered ID verification service, Curve customers are able to sign up by simply taking a photo of their government-issued identity document (ID) and selfie.
Onfido first checks that the ID seems genuine and is not fraudulent, and then matches it to the user’s face. This ensures the person presenting the identity is its legitimate owner and is physically present.
Through Onfido’s AI-based technology, Curve customers are able to digitally identify themselves safely and securely with minimal friction in “less than a minute”.
Matt Collinge, Curve’s chief product and technology officer said: “Partnering with Onfido removes friction from the onboarding experience for Curve customers enabling them to seamlessly open a safe and secure Curve account in just a few quick and easy steps.
“Onfido’s interface and system is easy to navigate, drawing from a vast database that verifies identity in double quick time, and their portal quickly reports decision outcomes for ID doc and selfie and other KYC processes which have improved the sign up experience for our customers in line with our core compliance objectives.”
Husayn Kassai, CEO and co-founder at Onfido added: “As a personal user of Curve myself, I’m a big fan of the product. We’re very pleased to be supporting Curve as it continues its mission to free people’s finances and move banking to the cloud.”