Fourthline

Fourthline is a European-based provider of digital KYC (Know Your Customer). Boasting trust by banks, online brokerages, insurers and leading fintechs, Fourthline verifies millions of identities for customers like N26, DeGiro, Solarisbank, Flatex, ING, and others. The vendor states their solution provides fraud detection in less than 90 seconds with a fraud accuracy rate of 99.98%.

Key Features

• ID Verification Verify 3,500+ documents using AI and proprietary OCR/NFC technology
• Biometric Verification Use advanced 3D technology and facial recognition algorithms to match a selfie/ short video to the ID document
• Database checks 500+ databases, incl. sanctions/watchlists, PEP, adverse media, police and country-specific databases. Identify hits and eliminate false positives
• ID Authenticity Leverage AI to localize security features and establish the authenticity of a document
• Device metadata Create data consistency checks by extracting and comparing visible and invisible data points incl. geolocation and device metadata
• Joint forces Collaborate on flagging money mules, professional ID fraudsters, and other high-risk sign-ups through the biggest European GDPR-compliant solution
• Second opinion Use highly trained fraud experts for a second opinion on thousands of automated checks
• Daily monitoring Catch recurring or colluding fraudsters through daily monitoring