Enhance Your KYC Workflow with Advanced Facial Verification
Corporations can quickly integrate the CoinFace with their own platform through API. Our tool supports mobile application or web-version.
Use Cases
CoinFace Application Scenarios
Comprehensive Identity Verification Process CoinFace enables businesses to perform thorough identity verification with a multi-faceted approach:
Document Extraction
Our tool accurately reads and extracts personal information from documents such as IDs or passports, ensuring precise data capture.
Liveness Verification
To confirm the individual’s presence and authenticity, CoinFace prompts them to perform specific actions on camera, safeguarding against fraud.
Risk Assessment
The system cross-references the individual against an extensive database to identify any association with known high-risk behavior.
Process To Get Started
How CoinFace Works
CoinFace utilizes a multi-layered approach to facial verification, ensuring that businesses meet KYC (Know Your Customer) requirements efficiently while safeguarding against fraud. Here’s how it works:
Id Verification
CoinFace begins by verifying the authenticity of the user’s identification document in real-time. CoinFace then scans and extracts critical details from the document using OCR technology.
Liveness Detection
Once the ID is authenticated, CoinFace prompts the user to perform specific actions (e.g., blinking, moving their head) that are captured via video. CoinFace’s intelligent algorithms analyze these facial movements in real-time, ensuring that the user is a live, natural person.
Facial Recognition
After that, CoinFace compares the user’s live-captured face from the liveness check with the face shown on the provided ID to confirm that the person interacting with the system is indeed the same person whose identity is on the document.
Blacklist Screening
Once the identity is verified, CoinFace conducts a thorough blacklist screening by checking the user against a database of known fraudulent actors, both from CoinFace’s proprietary database and the custom blacklists provided by merchants.
Duplicate Entry Check
Finally, CoinFace performs a duplicate entry check to ensure the user has not previously registered using forged or altered identification documents. This prevents malicious actors from creating multiple accounts by manipulating their appearance or using counterfeit IDs.
Skyrocket your business
CoinFace Key Features
Document OCR Verification
Support documents issued by government such as ID card, driving license, passport etc. Identification number, name, profile photo etc. information will be displayed in just a single scan, with up to 99.9% accuracy.
Liveness Detection
It’s a technology developed for facial verification with high security settings. Detection is done through live recording to ensure the user is genuine and such technology is suitable for many different scenarios.
Facial Verification
Faces are compared digitally and automatically. Our system will compute the similarities between the two faces based on user face’s attributes.
Big Data Blacklisting Detection
Filter user profiles out through the use of big data to detect and avoid users who have engaged in fraud, stolen funds, or have any other malicious intent.
Dynamic Combination
Customizable online KYC and identity verification flow based on about-us’s business and regulatory requirements.
Secure Your KYC Process
Why Choose CoinFace?
Prevent Spoofing During Video Verifications
CoinFace can detect and prevent spoofing during video verifications, where an individual attempts to use another person’s identity document.
Simplified and Accelerated User Verification
CoinFace streamlines the user verification process, making it simpler and faster for you to determine whether users are who they claim to be, improving the overall efficiency of your KYC workflow.
Robust Fraud Prevention
CoinFace uses extensive data to identify and prevent access by individuals with a history of fraudulent or harmful activities. It is also highly sensitive against attempts to use forged or fake IDs.
Highly Customizable
CoinFace consists of highly modular components, empowering you to tailor your online identity verification process to fit your business and legal requirements.
Choosing coinsdo solutions
Benefits
Decentralization
Since CoinsDo does not hold your private key, your assets remain safe even if our partnership should end.
Greater Flexibility
Since you hold your own private key, you can safely transfer your wallet solution without modifying the wallet address.
Lower Costs
Since the CoinsDo team is continuously updating the wallet nodes, you can save on extra investment in technical development and maintenance.
Lower Gas Fees
With CoinsDo, you can configure automatic management strategies to control how much you pay in gas fees on the blockchain.
Tamper-proof
CoinsDo prevents the illegal tampering of transaction instructions and/or business data from internal and external parties.
Faster Setup
The client-side wallet can be deployed on an Android mobile device or PC/cloud in a Java environment within 3 minutes.
Serving different needs
Versatile Across Industries
CoinsDo’s flexible solutions make it easy for corporations to integrate into their specific business scenarios, catering seamlessly to various industries.
Banks
Family Offices
Private Equity
Asset Management
Exchange-Traded Fund (ETF)
Blockchain Gaming
Crypto Payment Providers
Crypto Exchanges
Take the next step and engage in a conversation with our knowledgeable experts today!