The startup develops enterprise-grade identity verification software utilizing artificial intelligence to create a modular and configurable system for secure, automated identity checks. This technology minimizes customer dropout during onboarding, reduces compliance costs, and enhances online sales while preventing identity fraud across industries such as insurance, fintech, and healthcare.
Funding
$4.7M 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
Many organizations face challenges in efficiently and securely verifying the identities of their customers, leading to increased fraud risks, higher compliance costs, and potential customer drop-off during onboarding. Traditional methods are often cumbersome, slow, and lack the flexibility to adapt to diverse regulatory requirements and business needs.
Solution
PXL Vision provides AI-powered identity verification solutions designed to streamline customer onboarding, reduce fraud, and ensure compliance across various industries. Their modular platform offers a range of products, including SaaS and on-premise options, that can be customized to meet specific use cases. By automating identity verification processes, PXL Vision enables businesses to verify customers in real-time, enhance user experience, and drive business growth.
Target Audience
PXL Vision serves a wide range of industries, including fintech, banking, insurance, telecommunications, e-commerce, healthcare, online gambling, and education, targeting organizations that require secure and efficient identity verification processes.
Features
- AI-based document recognition and verification from over 165 countries
- Biometric face verification with real-time comparison against ID document images
- Passive liveness detection to prevent fraud
- NFC chip-based verification for enhanced security
- Customizable workflows and integration options
- Support for various identity verification methods, including document verification, email & SMS verification, and self-declaration
- Compliant with KYC and AML regulations
- Solutions for age verification, customer onboarding, and electronic signing
- Option for manual checks to maintain high conversion rates
- Web-based SaaS, hybrid, and on-premise deployment options