Feb 21, 2019

Finovate Less than one month after announcing its expansion into France and a new partnership with IDEMIA , Onfido is back in the news. The identity verification specialist is bringing its technology to San Francisco, California-based online rental marketplace, 2nd Address. “As the rentals market gets ever more popular, with millions of online transactions happening every month, it’s hard to know if your customers are who they claim to be,” Onfido CEO and co-founder Husayn Kassai said. “We bring trust to digital interactions worldwide and pride ourselves in delivering an experience that’s as rapid as it is robust.” 2nd Address provides furnished, long-term rental accommodations for business professionals in the U.S. Onfido’s identity verification technology will enable the company to quickly and accurate verify and onboard new renters at the point of booking while helping protect hosts against fraud. The process is straightforward: potential renters take a selfie and a photo of their identity document. Onfido’s technology determines the legitimacy of the ID document, and compares the selfie image to the photo on the ID. “2nd Address is committed to making sure that not only do our guest have a modern booking process, but that our hosts receive high-quality guests,” company CEO Chung-Man Tam said. “Onfido helps us deliver a smooth user experience while also creating the trust and safety that’s crucial to our community.” Onfido demonstrated its Facial Check with Video technology at FinovateFall 2018. The point-of-signup solution leverages machine learning to detect liveness to ensure that facial checks cannot be spoofed by stolen photos or IDs. Partnered with firms such as Zipcar and fellow Finovate alum Revolut, Onfido provides verification checks in more than 190 countries around the world. The company has raised $60.3 million in funding. Crane Venture Partners, Microsoft Ventures, and Salesforce Ventures are among Onfido’s most recent investors .