Indiegogo has turned to identity verification specialist Onfido to help keep its crowdfunding platform fraud-free. Onfido’s technology leverages artificial intelligence and machine learning to verify new users when they sign up, making it easy for Indiegogo to quickly onboard new campaigners to its platform.

“Building trust in our community is a top priority at Indiegogo, and Onfido helps us achieve that,” Head of Trust and Safety at Indiegogo Kerry Baker said. “By ensuring we keep fraudsters off our platform, not only can we avoid hefty non-compliance fines, but our users also have more faith that their money is going to the causes and innovations they really believe in.”

Fortunately, adding these fraud protections will not increase friction for users of the Indiegogo platform. Campaigners currently use a selfie and a photo of their identity document as part of the onboarding process. With this newly-announced partnership,  Onfido will check those identity documents for authenticity and match the image on the document to the user’s face.

The growth in crowdfunding has been dramatic, with $4 billion pledged via crowdfunding in 2018 and millions of international users accessing the Indiegogo platform every month. This – and the fear of repetitional risk from fraudulent activity – helped drive the company’s decision to make significant enhancements to secure the platform and keep fraud at a minimum.

“In an online world where we no longer meet face to face, it’s difficult for businesses to know if customers are who they claim to be – and how to create a secure community for their users,” Onfido co-founder and CEO Husayn Kassai said. He added that identity verification is instrumental in helping businesses meet this challenge and that Onfido was “proud to be working with Indiegogo as they build towards fraud-free crowdfunding.”

Onfido demonstrated the Facial Check with Video feature of its identity verification SDK at FinovateEurope 2018. Earlier this month, the company announced that it was working with Volopa to help the international payment solution provider improve the security of its customer onboarding process. This summer alone, Onfido partnered with international remittance firm, TransferGo, teamed up with Claim Technology, and announced that it would help provide identity verification for Zoomcar, India’s largest ride sharing company.

Founded in 2012 and headquartered in London, U.K., Onfido has raised more than $60 million in funding. See the company’s latest technology at FinovateFall in New York next week.

Identity verification specialist Onfido will help FX and international payments solutions provider Volopa enhance its customer onboarding process with secure and scalable KYC functionality. Volopa sought out Onfido’s machine learning-based technology in order to help it meet growing demand for its multi-currency prepaid card business.

“A key strength of Volopa is our ability to deliver client-branded cards which presents a unique advantage for Volopa in the marketplace where we are seeing strong demand for this proposition,” Jay Wissema, Director at Volopa said. He called the partnership, “another step forward in the company’s focus to maximize customer delight and deliver exceptional products at lower cost for our customers.”

An operator of consumer and corporate multi-currency prepaid card programs, Volopa enables businesses to offer their own Volopa-powered, branded cards. Cardholders can store value and transact in as many as 14 different local currencies without additional conversion or FX charges and fees, and can use accompanying mobile and web apps to manage and control their card use. These apps can be used to transfer funds between cards, top up cards instantly, view transactions in real time, and more.

Onfido will enable Volopa to onboard new customers in less than five minutes. To use the technology, Volopa customers simply take a selfie and a photo of their physical ID. Onfido verifies the authenticity of the identity document, compares the selfie with the photograph in the identity document, and cross references the customer’s identity against international watchlists.

“We are proud to be supporting Volopa as they grow,” Onfido CEO Husayn Kassai said. “Balancing security against scale is a challenge for many businesses, but our machine learning technology means we’re able to help Volopa deliver both. We’re excited by their vision of putting people in control of their transactions and look forward to developing our partnership with Volopa.”

Founded in 2012 and based in London, U.K., Onfido demonstrated the Facial Check with Video feature of its identity verification SDK at FinovateEurope 2018 earlier this year. Facial Check with Video provides additional security during the onboarding process, leveraging liveness detection to defend against spoofing attempts.

Last month, Onfido announced that it was partnering with TransferGo, helping the international remittance firm speed its onboarding process. Also in August, the company teamed up with Claim Technology to support claims handlers and their customers. Onfido will provide identify verification for India’s largest ride sharing company, Zoomcar, courtesy of a deal announced in July, the same month the company reported that it would provide identity verification technology for LendInvest’s Buy-to-Let digital applications.

Onfido has raised more than $60 million in funding, and includes Idinvest Partners, Wellington Partners, and Crane Venture Partners among its investors. See the company’s latest technology later this month at FinovateFall in New York.

Identity verification specialist Onfido will work with international remittance specialist TransferGo to accelerate the company’s onboarding process. With more than 650,000 users and adding 1,000 new customers a day, TransferGo will leverage Onfido’s machine learning-based technology as it brings new users to its platform during its global expansion.

“Onfido enables us to deliver the swift service our customers expect, without compromising on security,” TransferGo CEO Daumantas Dvilinskas said. “Their risk-based approach means we can confidently verify our users, and don’t have to add unnecessary friction where it’s not needed.” Dvilinskas called the company’s partnership with Onfido “imperative to our international growth.”

Onfido’s automated identity verification technology will make it that much easier for TransferGo to facilitate money transfers across borders for new customers. All TransferGo’s users need to do is take a selfie and present a photo of their identity document. Onfido’s technology compares the two images to ensure they are identical, and cross-references the customer’s identity against international sanctions and watch lists.

“As a RegTech, we know how critical a smooth, secure and speedy onboarding process is for users,” Onfido CEO Husayn Kassai added. “(We) look forward to helping TransferGo deliver that to new global markets and across new products.”

Onfido was founded in 2012. The company made its Finovate debut earlier this year, demonstrating its Facial Check with Video technology at FinovateEurope 2018. Featured in Gartner’s Cool Vendors in AI for Banking and Investment Services report for 2018, Onfido partnered with Claim Technology earlier this month and, last month, teamed up with LendInvest to help the company enhance its due diligence process.

Named one of the 100 hottest startups in Europe by WiredUK, Onfido also announced recently that it would secure drivers for India’s largest ride share company, Zoomcar. Additional partnerships forged this year include agreements with HBUS, the strategic partner of cryptocurrency exchange, Huobi; as well as with P2P ride sharing firm, Snappcar, and bitcoin exchange, Bitstamp.

Onfido has raised $60.3 million in funding. The company’s investors include Idinvest Partners (acquired by Eurazeo); Wellington Partners, and Crane Venture Partners.