Identity Solutions is a pioneering technology company that offers a trusted and reusable digital identity solution.
Our patent-pending product, Digid Identity, is designed to address the significant challenges faced by financial institutions today, including fraud and identity theft.
Our solution is built on the principle of network effect and reusability. Users only have to onboard once and are recognized at new financial institutions without needing to re-verify all their information. This not only simplifies the process but also enhances the security of transactions.
Who Benefits?
- Financial Institutions: Our solution helps to virtually eliminate fraud, end synthetic identities, and stop account takeovers. It offers single-point integration through our Integrated Identity Provider (IIP), simplifying the process of identity verification.
- Account Holders: Users will experience improved interactions without the need for passwords or SMS OTPs. They also get better privacy/security, scam protection, and a reusable identity across organizations.
Our solution covers the full digital lifecycle, from onboarding to non-payment authentication.
The steps include:
1.) Onboarding: Best in class KYC.
2.) Identity Verification: Two-step verification.
3.) Account Verification: Verify users and associated accounts.
4.) Payment Authentication: Ensure that only authorized customers have access.
5.) Non-Payment Authentication: Unbreakable security.
With Identity Solutions, financial institutions can finally have a trusted and reusable digital identity, simplifying processes and enhancing security.
Company Details
- Founded
- -
- Address
- The Significant Challenges Faced By Financial Institutions Today
- Industry
- Technology, Information And Internet
- Keywords
- Digital Identity Verification, Fraud Prevention, Synthetic Identity Detection, Account Takeover Protection, Single Point Integration, Integrated Identity Provider (IIP), Passwordless Authentication, Decentralized Identity, Fintech Innovation, Advanced Security.
- Competitors
- DIGID, CoreSite, Strata.ai, Incode.
Identity Solutions Questions
Identity Solutions's LinkedIn profile is https://www.linkedin.com/company/identity-solutions-us
Identity Solutions's industry is
Technology, Information and Internet
Identity Solutions's categories are Technology, Information and Internet
Identity Solutions's founding year is 2023
