Artificially-Intelligent Background Checks

The video discusses the use of technology in identity verification, highlighting the transition from traditional in-person methods to digital solutions using proprietary technology. It covers the role of machine learning in improving verification processes, the shift towards automation, and the opportunities for fintech startups. The video also outlines current clients and future expansion plans, emphasizing the potential for long-term applications in various sectors.

What is the primary advantage of using Onfido's technology for identity verification?

• It requires physical document submission.

• It is slower than traditional methods.

• It eliminates the need for any verification.

• It is faster, easier, and safer.

How does Onfido's technology improve over time?

• By increasing manual checks.

• By eliminating machine learning.

• Through a hybrid approach of technology and human input.

• By reducing the number of users.

What percentage of cases are currently handled autonomously by Onfido's technology in certain regions?

• 50%

• 99%

• 75%

• 100%

What challenge do fintech startups face that Onfido's technology helps address?

• High operational costs.

• Navigating regulatory environments.

• Lack of customer interest.

• Limited access to technology.

What is a potential future application of Onfido's technology mentioned in the transcript?

• Manual document verification.

• In-person meetings.

• Online voting.

• Traditional banking services.