Evident ID launches new solution to improve identity and verification processes

Evident ID has revealed its Evident360 solution which is designed to collect, analyse, and verify data via a single, secure solution within its Identity Assurance Platform.

The new solution boasts AI and machine learning capabilities to improve the speed and accuracy of identity and credential verification processes.

Its Identity assurance platform enables seamless identity verification at a quicker pace and with better accuracy levels.

Evident360 aggregates all verifiable data into a single source, lowering the number of steps in the verification process. It also lets a business connect an individual’s verified identity with a range of public and private records to confirm records.

Alongside the launch of the new service, the company revealed it has added more than 5,200 verifiable data attributes to its library, which already consists of over 12,500.

The company has expanded its international scope and can now verify attributes like commercial and personal vehicle and motorcycle insurance coverage.

Evident CEO David Thomas said, “As we continue to grow, our customers are expanding how they use the platform, which led us to add more than 5,200 attributes and to develop Evident360.

“Our customers will enjoy an even faster, easier, and more comprehensive way to verify every aspect of an individual’s identity and credentials and obtain more holistic, accurate results based on authoritative data pulled from more than 6,500 sources.”

The product launch comes hot off the heels off the company’s $20m Series B. The capital injection was led by Aspect Ventures, with participation from New Enterprise Associates, Blue Cloud Ventures, and Internet Security Systems founder Tom Noonan.

Evident raised the funds to enhance its technical infrastructure by increasing its investment into its AI, machine learning, computer vision and facial recognition technology.

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research


The following investor(s) were tagged in this article.