IDVerse, previously known as OCR Labs Global and a provider of digital ID verification, has joined forces with OneID®, the UK-based provider of bank-verified digital identity services. This partnership aims to enhance the range of identity evidence options and extend global coverage for OneID's customers and individuals. The collaboration aims to improve OneID's ability to verify people throughout the globe, and expanding their services to target individuals in the UK without online bank accounts or those who choose not to use one, the company is reaching out to an underserved market segment. and expand ID checks where document scans are necessary. Through this partnership, OneID users will also gain access to IDVerse's Zero Bias AI™, a program praised for its inclusivity in onboarding.

Additionally, the integration of IDVerse's technology enables OneID to extend its service offerings in areas such as financial services, employment screening, and e-signing.

Yashi Saxena, Analyst at Quadrant Knowledge Solutions, stated that “The collaboration between IDVerse and OneID®  will streamline the identity verification experience for customers. With the introduction of multiple secure identity verification options that can be completed quickly, organizations can expect to see improved conversion rates and significant cost savings. This collaborative effort will not only replace existing methods but also unlock the full potential of digital ID verification, offering a more efficient and seamless approach to identity authentication. Overall, the partnership is poised to bring about positive changes and drive greater efficiency in the realm of identity verification, benefiting both businesses and their valued customers.”

Author : Yashi Saxena Analyst at Quadrant Knowledge Solutions