Verify customers with confidence.

Build trust from the first interaction with comprehensive identity verification for consumers and businesses. Identity Verification Service combines KYC and KYB verification, document verification, screening, and monitoring to help identify suspicious applicants, reduce identity fraud, and support regulatory compliance—all while enabling a seamless onboarding experience.

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Consumers reported losing approximately $16 billion to fraud in 2025—the highest amount on record and about 25% more than in 2024.

$16,000,000,000

SOURCE: FEDERAL TRADE COMMISSION, 2026

Trust starts with knowing who’s on the other side.

Every customer relationship begins with identity. Financial institutions must balance fast, frictionless onboarding with protecting against fraud and meeting evolving regulatory requirements.

Identity Verification Service helps verify consumers and businesses in real time so you can onboard legitimate customers with confidence while reducing identity risk.

One platform. Multiple verification capabilities.

Know Your Customer (KYC)

Verify consumer identities using trusted data sources.

Know Your Business (KYB)

Validate businesses and beneficial owners before onboarding.

Document Verification

Authenticate IDs using document analysis, OCR, biometric verification, and liveness detection.

Screening & Monitoring

Screen against sanctions, PEPs, adverse media, and other watchlists.

Verify individuals and businesses.

Individuals

Name
Address
Date of birth
SSN
Email
Phone

Business

Legal business name
Employer Identification Number (EIN)
Registered address
Date of incorporation
Legal structure
Ultimate Beneficial Owner (UBO) information

Designed for banks, fintechs, and brands.

Identity Verification Service combines automated document verification, configurable workflows, and compliance screening into a single solution that integrates with your onboarding experience.

Whether you’re launching a new financial product or strengthening an existing onboarding journey, IVS helps reduce fraud while delivering a better customer experience.

When additional review is required, SoFi Tech’s operational experts can support manual verification workflows and policy optimization.

Key outcomes

Reduce identity fraud

Improve onboarding confidence

Support KYC/KYB compliance

Deliver a better customer experience

Build trust from the first interaction.

Protect your customers and business with Identity Verification Service from SoFi Tech Solutions.

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