"HyperVerge provides identity verification and fraud detection solutions for companies that are in industries like BFSI, crypto, telecom, e-commerce etc. We have verified more than 600 million identities till date. Our AI models lead the market on accuracy and recall values, precisely optimized for deployments in low bandwidth environments."

Year of Foundation - 2014

List of your use case/product/solution:

Products: Digital KYC, Video KYC, Face Authentication & Deduplication

Use Cases:

• Fraud Prevention in case of Forged / Synthetic identities
• Repeat user authentication
• Agent / driver / delivery partner / gig worker authentication
• Transaction authentication
• Paperless travel
• Login and account recovery

Description of use case/product/solution :

Digital KYC: AI-driven Instant Verification with no human in the loop

Functionality

- Live Selfie Capture
- Passive single image-based liveness check.
- Quality and compliance checks on the selfie include - eyes open, face directed at the camera, single face present in the photo, plain background and blur checks
- Live ID Capture
- Acceptable Govt issued ID template detection
- OCR to extract details
- Quality and compliance checks on the selfie include - live ID vs capture from digital screen, blur, glare, entire ID with all 4 edges present, rule-based validity checks
- Face Match between ID and Selfie
- Database Checks
- Fetch and verify details of applicant from data sources such as Govt Databases and 3rd party Databases
- Field Matching
- Fuzzy matching of details entered by the user, extracted from the ID and fetched from data sources
- Tampering checks
- AI checks for replacement of Photo / Details in the ID card. Available for select IDs
- Manual Review Dashboard
- AI auto-approves 80-95% (depending on the ID) of applications. The rest that are flagged for review can be viewed by agents on HV’s review dashboard and approved or rejected
- Manual Review as a Service
- The manual review mentioned above for the spillover applications can be provided by HV as a managed service as well
- Other document checks
- Generic document extraction and verification for supplementary documents such address proofs, business registration, tax slips, paystubs, etc

Use Cases : KYC, Re-KYC, Customer Due Diligence, AML, Fraud Prevention in Financial Services, Telecom
Identity verification to avoid fraudulent users on gaming, examination, online certification, freelancing and gig work platforms
Age verification - delivery of restricted goods, verification on content platforms

Video KYC: AI-assisted Identity Verification over a live video call with a business rep

Functionality

- Live video calling with Customer and Agent portals
- Configurable AI-assisted verification journey during the call
- Scheduler
- Video recording
- Audit workflow
- Admin portals

Use Cases: KYC, Re-KYC, Customer Due Diligence, AML in Financial Services

Face Dedupe and Authentication

Functionality

- Biometric Database
- Live selfie photo, ID photo and Identifiers are enrolled in the database. Face feature vectors are extracted from the photos and stored against the record
- Dedupe (1:N check)
- Given a new selfie photo, verify if any of the enrolled records matches the query record
- Authentication (1:1 check)
- Given a new selfie photo and the Identifier corresponding to this user, verify if the new selfie matches against the existing selfie enrolled against this Identifier

Use Cases: -

• Fraud Prevention in case of Forged / Synthetic identities
• Repeat user authentication
•  Agent / driver / delivery partner / gig worker authentication
• Transaction authentication
• Paperless travel
• Login and account recovery

Our customers –  Reliance Jio, VIL, SBI Bank, DMI, Home Credit, FE Credit, Xiaomi, Slicepay, Byju's, GMAC, SBI Cards, LIC, MPL, Swiggy, Dunzo, Tiplur

GPU infrastructure – DGX A100, Tesla V100, Quadro & RTX

Software stack – CUDA-X, NVIDIA Triton Inference, TensorRT