Automate address verification checks across
195+ countries using OCR, data from central
databases, and geolocation.
Trained on diverse facial variations and ID formats, our robust AI solutions have onboarded over 750 million users.
50 %
Reduction in drop-offs
95 %
Auto approval rate
195 +
Countries Covered
Enhance identity verification and onboard 95% customers in the first attempt.
Verify proof of address and reduce the risk of fraudulent activities.
Comply with regulations while providing the best customer experience.
Extract user’s address with 99% accuracy from ID documents.
Driver’s license
Passport
Residence permits
Goverment IDs
Verify user address through comprehensive central databases.
AAMVA
DMV
BVN
USPS
Verify addresses using geolocation data for precise and reliable address validation.
Efficiently parse and standardize address data to ensure consistency and compatibility with various systems.
Strengthen security measures using a multi-layered approach of combining document verification with selfie matching.
Easily configure and modify workflows, ensuring seamless integration into your existing systems.
Integrating is a hassle-free activity with our Web & Mobile SDKs.
Our low-code workflow saves developers time &
enables you to Go-live within hours.
The clarity with which HyperVerge has documented helped us make an easy choice over other vendor.
Jio selects HyperVerge for lightning fast customer activations.
4 Days to 5 Mins
Activation Time reduced drastically
5X Speed
Revenue generated with fast activations
HyperVerge delivered way more than what was expected. Couldn’t have asked for more.
Kiran Thomas
President, Jio Telecom
Using HyperVerge’s OCR, Home Credit reduced error rates drastically
50%
Error Reduced
33%
Reduction in TAT
Two things – uptime and reduction error rates were the game-changers for us.
Vishal Sharma
Senior Vice President of Operations, Home Credit
HyperVerge Tech helped WazirX in scaling up to millions of users
First 10 million+
Users onboarded seamlessly
30,000 KYCs/day
Handled hassle-free
It’s not only just about tech but also the user experience. HyperVerge does that really well & that’s their strength as well.
Siddharth Menon
C0-Founder, COO, WazirX
Mobile Premier League (MPL) used HyperVerge KYC to stop millions of bad actors
30%
Jump in accuracy
700+
KYCs processed a minute
We were able to reduce the number of cases of cyber crime complaints or chargebacks after we went live with HyperVerge.
Krishna Mohan Vedula
VP Payments, MPL
End-to-End Security and Compliance Assurance
#1 in Global Face
Recognition in US & APAC
AICPA | SOC2
iBeta
Quality Assurance
General Data
Protection Regulation
Best-in-class
Regtech solution 2022
Address verification is crucial for various purposes, such as reducing fraud, complying with legal requirements, and enhancing customer data quality.
The verification process typically involves comparing the OCR-extracted address with a database of valid addresses maintained by postal authorities and checking if the applicable postal address and zip code or street address matches. Various algorithms and data sources can be used to perform this verification. It can be used in conjunction with other fraud detection mechanisms.
The speed of address verification can vary depending on the service provider. HyperVerge’s real-time verification takes less than 3 seconds.
Geocoding, translating addresses into geographic coordinates, can enhance the precision of address verification. Exploring how the verification software utilizes geocoding improves insights into the accuracy of location data and address information. Geocoding also helps in zip code matches as well as street address matches. For example, a credit card company can ensure the billing address provided for the credit card transaction matches the cardholder’s credit card account.
The address verification service is valuable across various industries, including e-commerce, finance, healthcare, logistics, government, and more. Any sector that deals with addresses can benefit from an accurate fraud prevention system.
