authID announced that Kompliant, a U.S.-based, AI-driven, business onboarding and risk-scoring company, will integrate authIDÆs biometric authentication platform VerifiedÖ to stop identity fraud and automate digital onboarding for its customers. Kompliant works with leading payment processors and sponsor banks, and will deploy authIDÆs reliable, high-speed identity authentication solution to streamline and secure online merchant application processing and transaction monitoring. Solving for end-to-end compliance lifecycle management by automating manual underwriting and monitoring processes for financial institutions, Kompliant needed an identity authentication partner to eliminate the risks associated with fraudulent merchant onboarding.

The integration with authIDÆs Verified solution will enable Kompliant to deliver biometric identity authentication during digital onboarding for its clients, including quick mobile identity document capture and validation, liveness confirmation and presentation attack detection, and facial biometric matching of a selfie to the credential photo. With the simplicity of a photo ID and mobile facial biometric identity proofing, Verified enables users to authenticate their identities anywhere, at any time. New users quickly capture their identity document and a live selfie in a web browser on any mobile device or desktop, and authID matches the selfie against the picture extracted from the identity document to verify that the user is who they say they are.

For Kompliant, this empowers their customers to establish digital identity trust during merchant onboarding with automated identity authentication. Kompliant recently raised $14 million in a seed round from Level One Fund, with contributions from John Partridge, former Visa president and Stuart Sopp, CEO of Current, a U.S. based consumer fintech. Initially incubated by Snoop DoggÆs Casa Verde Capital, Kompliant announced that this funding would enable it to accelerate growth and scale its platform solutions.