Crack down on identity fraud
Create a service clients can count on and crush your compliance goals at the same time. Regula’s advanced AI-based algorithms instantly identify the document type, analyze its attributes, and flag any potential mismatches.
The wide range of security checks includes (but isn’t limited to) MRZ and barcode reading, complete server-side verification of electronic IDs, and document liveness detection. There's also biometric verification with face matching, identification, and liveness checks. All of this ensures you are dealing with a real person with genuine documents that belong to them. This happens completely behind the scenes, with these security layers being almost invisible for your customers.
Turn your challenges into advantages
Identity fraud cost Americans about $56 billion in 2020, according to Javelin Strategy & Research. It’s no surprise then that these numbers translate into ever-growing complexity of already complex identity checks at banks. However, such measures hinder onboarding and may also deter customers along with fraudsters. To address the challenge, Regula combines our 30-year expertise in forensic research with technologies that enable businesses to streamline this process.
White Paper
Navigating the Challenges of Modern Banking
Learn how to overcome identity fraud, digitalization gaps, and fierce competition
Verify more customers at scale
Grow with peace of mind, as the quality of verification will remain high regardless of the scale of your operations. With Regula, you will have a resilient identity verification process that allows you to easily handle any spike and expand anytime to any country in the world.
The process is fully automated. The smart algorithm compares submitted ID documents against the world’s largest database of document templates, which is owned and maintained by Regula. With over 14,000 documents from 251 countries and territories analyzed down to the smallest features, the solution allows you to accept customers from anywhere and quickly verify their documents in any language.
Tailor the perfect user experience
Design onboarding that fits your needs best to make it easy for people to become your customers. Regardless of what it involves—onsite checks with a document reader or taking a selfie through an app—with Regula, verification steps take seconds, not minutes. Simply point a camera at the document, and the technology will do the rest: identify the document type, verify the identity, retrieve personal details, and more.
This seemingly easy process is powered by 30 years of expertise in the forensics field. It lets you reduce friction and abandonment rate by effectively handling any document from anywhere in the world and never compromising security.
Enhance your safety with Regula's technologies for Qualified e-Signature (QES) implementation
Many banks still use video identification, which is carried out by an employee in real time via video link for remote user verification. This is expensive for banks, inconvenient for customers, and does not guarantee fraud prevention due to human factors. With the help of Regula technologies offered 100% on-premises, you can carry out a full-scale authentication check of document security features and biometric data online, fully automated and available 24/7. You will be completely secured from unauthorized access and fraud, and you will be able to deliver a seamless UX, as well as being certified and compliant. Regula is BSI certified, our solutions are fully compliant with eIDAS and ETSI requirements, and support ISO/IEC 14443-2, ISO/IEC 14443-3, and ISO/IEC 14443-4 RFID chip standards.
After passing full verification with the help of the Regula solution, users get access to the electronic government, as well as guaranteed additional benefits and convenience, since QES can be used for voting, authorization in third-party services, and online payments.
Having QES gives banks additional competitive advantages:
- Increases loyalty of current users
- Expands the audience of potential users, including such groups as Millennials and Generation Z
- Allows smooth integration into the e-gov infrastructure
- Provides a technological advantage over other banks
- Enables no-stress certification, because Regula's technologies are compliant with eIDAS requirements
A More Efficient Start to the Customer Journey
Accelerate onboarding
Bring the bank to any device, and quickly activate customers with minimum effort on their part.
Comply with KYC
Streamline a robust KYC workflow that effectively protects your business and is seamless for clients.
Prevent fraud
Employ AI-based document and biometric checks to combat fraudsters with fake or stolen identities.
Automate data entry
Simplify time-consuming manual form filling by delegating identity document processing to this purpose-built technology.
What Our Customers Say
Why Businesses Choose Regula?
30 years of expertise in forensics and cooperation with national security agencies and banks.
In-house R&D, manufacturing, and rare experts from forensic labs ensure the fastest innovation time to market.
The most comprehensive database of 14,000 identity document templates based on deep forensic analysis.
Regula serves as a one-stop shop for building an effective identity verification process.
Highly responsive support that’s always ready to go the extra mile and help you with any product-related issues.
100% compliant data handling with strictly on-premises deployment within your secure perimeter.