Allpass.ai offers an integrated online identity verification solution that employs biometric authentication and machine learning algorithms to ensure secure user identification. This technology mitigates identity fraud and compliance issues in digital transactions, enhancing trust and efficiency for businesses and their customers.
Funding
$380K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Businesses face challenges in efficiently and securely verifying the identities of their customers during onboarding and transactions. Traditional KYC and AML processes can be slow, manual, and prone to fraud, leading to increased operational costs and compliance risks. Ensuring data security and privacy while meeting regulatory requirements adds further complexity.
Solution
Allpass.ai provides an automated KYC/AML platform that streamlines online identity verification, ensuring regulatory compliance and reducing manual workloads. The platform uses document scanning, Optical Character Recognition (OCR), and Machine Readable Zone (MRZ) validation to quickly verify IDs against 14,000+ templates globally. Advanced liveness detection and facial recognition technologies prevent fraud, while customizable verification workflows and real-time data analysis enhance the onboarding process. The platform offers comprehensive AML screening, scanning over 3,000 watchlists, and provides a unified workspace for managing applicant profiles, generating reports, and collaborating on tasks.
Target Audience
Allpass.ai targets businesses across various industries, including banking, finance, crypto, gaming, mobility, marketplaces, travel, and healthcare, that require efficient and compliant customer onboarding processes.
Features
- ID Verification with document scanning, OCR, and MRZ validation, supporting 14,000+ templates
- Liveness and Facematch using one-shot and 3D liveness checks
- Customizable verification workflows with real-time previews and scheduled checks
- AML Screening scanning 3,000+ watchlists, including sanctions and PEPs
- Workspace for managing dashboards, workflows, and applicant profiles
- Data encryption, two-factor authentication, and role-based access control
- API integration, Web SDK, and real-time webhooks for system integration
- Automated data collection, background checks, and duplicate management