Ashfaque Shaikh

IDfy

The digital economy runs on trust. After all, you do need to know who you're dealing with. IDfy helps with that. IDfy builds technology solutions to help companies accurately identify people, run background checks, conduct KYC, mitigate lending risks, and onboard associates. Our mission is to deliver these solutions with zero friction for end users. Specifically, IDfy's video platform and a suite of APIs help companies - Identify people (does Jane Doe exist?) - Verify their credentials (do the details belong to Jane Doe?) - Assess the risk of fraud (Has Jane Doe committed fraud or is she likely to commit one?) If you have opened a bank account with HDFC, created a fantasy team on Dream11, or ordered from Amazon or Zomato, your life would have been touched by IDfy. IDfy's APIs use AI/ML algorithms to extract information from documents, check for tampering, verify ID details against official databases, compare faces across pictures, and run checks on criminal records. Since its inception in 2011, IDfy has impacted more than 150 Million lives. Today, it runs 25 million verifications for 600 clients across India, South East Asia, and the Middle East every month. Other IDfy clients include the likes of Axis Bank, Amex, HUL, Vodafone, PwC, PhonePe, Paytm etc. IDfy regularly ranks amongst Asia's top 5 RegTechs. While also sweeping in awards like Fintech ScaleUp of the Year, Best RegTech Implementation and Innovator in Video solutions for Financial Services.