SourceID provides an AI‑driven verification platform that automates identity and business onboarding, combining OCR document extraction, biometric checks, and real‑time AML/PEP/sanctions screening. The solution validates data against government databases, applies customizable risk scoring, and delivers live analytics through an integrated dashboard, while offering easy integration via APIs, SDKs, and webhooks.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses often struggle to verify customer identities and business entities quickly, accurately, and in compliance with global AML, KYC, and KYB regulations. Manual processes, fragmented tools, and limited coverage lead to fraud risk, regulatory penalties, and poor onboarding conversion.
Solution
SourceID offers an AI‑driven, all‑in‑one verification platform that automates identity and business onboarding end‑to‑end. The service captures user data, extracts information from uploaded documents with OCR, and validates it against government databases for tax IDs, incorporation records, and national IDs. Integrated biometric checks—including 3D liveness detection and face‑to‑ID matching—ensure the person presenting the document is genuine. Real‑time AML, PEP, and sanctions list screening, combined with customizable weighted risk scoring, automate compliance decisions and trigger alerts. A unified dashboard provides live progress tracking, deep onboarding analytics, and KPI reporting, while APIs, mobile SDKs, and webhooks enable seamless integration into existing workflows.
Target Audience
SourceID is aimed at enterprises, fintechs, e‑commerce platforms, and regulated service providers that need to onboard consumers and corporate clients while meeting KYC/KYB and AML compliance requirements.
Features
- AI‑powered address verification that matches submitted locations to authoritative geodata
- OCR‑based document extraction and verification for passports, driver’s licenses, national IDs, and business registration papers
- Advanced biometric suite with 3D liveness detection, face‑to‑ID matching, and age verification
- Government database checks for Tax ID, incorporation status, and national identity numbers across multiple jurisdictions
- Automated AML/PEP/sanctions screening with customizable weighted risk scoring and workflow automation
- Real‑time analytics dashboard showing onboarding KPIs, conversion rates, and risk insights
- Drag‑and‑drop form builder for creating tailored KYC/KYB flows
- Easy integration via REST APIs, mobile SDKs, and webhook callbacks