iDenfy, the global fraud prevention identity verification service provider, has filed a patent for technology that verifies a user’s address data.
The patent introduces a novel method for verifying a user’s address data by combining physical and digital layers of the standard verification process.
iDenfy's address verification solution sends a physical letter containing secure credentials to the user's residential address, which is used to initiate the identity verification process.
The goal is to enhance reliability, accuracy, and security in address verification, helping businesses combat fraud and meet regulatory requirements.