For any non-product related queries, please write to info@perfios.com.
For any non-product related queries, please write to info@perfios.com.
The Aadhaar system, with over 1.3 billion registered users, plays a pivotal role in India's financial infrastructure, particularly in verification for financial institutions. Aadhaar verification offers a myriad of benefits, including time and cost efficiencies, enhanced accuracy in identity verification, and significant contributions to financial inclusion, especially in rural areas. 85% of Indian consumers prefer using Aadhaar verification over traditional methods, underscoring its widespread acceptance and reliability.
When selecting an Aadhaar verification provider in India, it's important to consider factors like Security, Compliance, User experience, Integration capabilities, Scalability, and Customer support. But before providing you with the list of top Aadhaar verification API providers, lets just understand what Aadhaar verification API is in brief.
The Aadhaar Verification API is a technological tool used in India to verify the identities of individuals electronically using their Aadhaar number. Aadhaar, a unique 12-digit identification number issued by the Unique Identification Authority of India (UIDAI), is linked to an individual's biometric and demographic data. The API (Application Programming Interface) allows businesses and organizations to validate a person's identity quickly and securely as part of their customer onboarding or verification processes.
This verification is crucial for various services, especially in the banking, financial, and government sectors. By using the Aadhaar Verification API, organizations can ensure that the individual's identity matches the information linked to their Aadhaar number. This process reduces the need for physical document verification, making it faster and more convenient. It also enhances security by minimizing the risks of fraud and identity theft. The API integrates easily with existing systems, offering a streamlined and efficient approach to identity verification.
Now that we have a brief idea of what Aadhaar Verification API is, here is a list of Top 10 Aadhaar Verification service providers in India:
| Company | Description |
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Perfios is a Saas based Fintech company that provides a variety of data analytics and credit decisioning solutions to banks, NBFCs, and other financial institutions |
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Onfido simplifies digital identity. By employing its Real Identity Platform to digitally verify individuals, they facilitate people's access to services. |
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Jumio facilitates businesses' ability to get to know and trust their online clientele. |
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IDcentral is a Subex division that provides cutting-edge, all-inclusive onboarding solutions. |
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A leading platform from Signzy is revolutionizing the speed, accuracy, and digital onboarding experience for financial institutions' clients and enterprises. |
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IDfy develops technological solutions to assist businesses with onboarding associates. |
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Through the provision of Real-time ID verification and numerous other APIs, Surepass streamlines the user onboarding process for businesses. |
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A B2B SaaS provider, HyperVerge offers AI-based business and identity verification solutions. |
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Deepvue.tech facilitates risk-based underwriting, enhanced due diligence checks, and smooth customer journeys. |
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Modern technology and alternative data analysis are provided by AuthBridge, an authentication company. |
Perfios is a global B2B SaaS company serving the Banking, Financial Services and Insurance industry. Through its pioneering software platforms and products, Perfios helps financial institutions to take big leaps by shaping their origination, onboarding, decisioning, underwriting and monitoring processes at scale and speed. The largest suite of risk-mitigating and digital onboarding AI API is called TotalKYC. The platform is entirely in-house developed and grants exclusive access to over 100 APIs. Through OCR and matching algorithms, it facilitates automation during onboarding. It also allows document verification for identity, address, employment, business, and other purposes. Perfios always aims for constant innovation and serves their clients with unique offerings. It serves more than 500 BFSI companies across 18 countries.
Onfido offers an end-to-end identity verification solution to safely onboard new users. To enable safe and legal onboarding, the Real Identity Platform combines a number of verifications with no-code orchestration and AI-driven analysis with outstanding user experience. Onfido simplifies digital identity. They have devoted ten years to creating identity verification systems that enable users to swiftly and safely access the services they use every day. The goal of Onfido is to simplify digital identity for all users. They enable safe, transparent, and all-encompassing interactions between companies and their clientele globally.
Jumio, a Aadhaar Verification service provider assists you in getting to know and trust your online clients over the course of their whole relationship. Their KYX Platform offers AI-driven services that validate the identities of both new and current users, evaluate risk, and assist you in adhering to regulatory requirements. It is a simplified and automated onboarding process.
Businesses and organizations can easily confirm the authenticity of Aadhaar cards with IDcentral's reliable and secure Aadhaar Verification API. This API offers a wide range of features and capabilities to simplify the verification process, guaranteeing compliance and lowering manual labour. It also integrates with the Aadhaar database and adheres to legal requirements. These days, IDcentral fills in the gaps in the customer journey with a suite of solutions that combines machine learning and artificial intelligence in a unique manner to detect fraud and analyse data to give customers deeper insights.
Financial institutions are revolutionizing digital onboarding for businesses and customers by using Signzy, a platform that speeds up and improves accuracy. In the financial industry, Signzy is a company that specialises in digital onboarding and fraud prevention. The company's no-code GO platform, which has won awards, offers fully customizable workflows along with seamless, multi-channel, end-to-end onboarding experiences. It also puts an end to Scammerion.
IDfy's Udyam Aadhaar Verification API improves, expedites, and sanitizes your onboarding procedure. This tool allows you to check the legitimacy of MSME merchants involved in services or manufacturing. It also helps confirm whether they have obtained the Ministry of MSME's approval to operate in their respective industry. This allows you to add merchants to your platform with the assurance that they are authorized and legitimate businesses, resulting in seamless integration. In order to guarantee customer trust and legal compliance, IDfy makes sure that all KYC procedures adhere to the most recent regulations. Because of their flexible approach, they can always adjust to the newest developments in KYC, helping businesses stay ahead of the curve.
The Aadhaar Verification service provider Surepass’ API is regarded as being fairly good. Their Aadhaar verification API has reduced the time that the process takes to complete while also increasing its overall efficiency. Utilizing their services is simple and will prevent you from wasting time. You can do it while lounging in your house with its straightforward and easy-to-use interface.
Hyperverge's in-house AI models are designed to function in real time on low-end devices and in low-bandwidth environments. This allows us to innovate quickly and add new custom AI checks as needed. With its high conversion rate Hyperverge is ranked among the top 10. Silicon Valley-based HyperVerge, Inc. is an artificial intelligence startup creating current time image and video analysis models with the best accuracy and recall rates available. These models are used in low-bandwidth scenarios.
With the input of a person's Aadhaar number and an OTP, Deepvue.tech's Aadhaar verification API provides KYC information, such as a user's name, DOB, address, gender, etc. The API is simple with a user-friendly interface and makes use of call-and-retrieve functionality. Prior to conducting business, the Aadhaar verification API helps validate a customer's demographic information and streamlines customer KYC verification. At Deepvue, their mission is to enable companies to successfully execute digital transformations and provide seamless customer experiences. Their platform offers insightful data on consumer behaviour, which helps companies make wiser decisions and enhance the general customer experience.
The API by the Aadhaar Verification service provider AuthBridge is designed to provide a smooth user experience. Fraudsters using fictitious Aadhaar cards or credentials can be identified by their API. Confirms the legitimacy and accuracy of all the data submitted to the Aadhaar department. Get clients, partners, and staff on board in two to five minutes with real time verification. Employee background verification, customer and business onboarding, user identity verification, and business intelligence are among the other authentication and onboarding solutions provided by AuthBridge.
The process of verifying your Aadhar card has definitely been made easier with online Aadhaar verification, which is also faster, more accessible, and more secure. Recall that maintaining the security of your Aadhaar information is essential for both the safety of your business and your ability to use a range of public and private services. Since Aadhaar is linked to each resident's unique biometric, no resident can have two identical numbers, identifying phantom and fake identities that cause leaks in the modern world. Service providers frequently find it difficult to gather and validate this data. But this is a much faster, fully online process with Aadhaar Verification.
Perfios Software Solutions is India’s largest SaaS-based B2B fintech software company enabling 900+ FIs to take informed decisions in real-time. Headquartered in mumbai, India, Perfios specializes in real-time credit decisioning, analytics, onboarding automation, due diligence, monitoring, litigation automation, and more.
Perfios’ core data platform has been built to aggregate and analyze both structured and unstructured data and provide vertical solutions combining both consented and public data for the BFSI space catering to their stringent Scale Performance, Security, and other SLA requirements.
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