DIRO

DIRO provides document and identity verification technology for businesses to prevent fraud and comply with regulatory requirements. The company's solutions focus on verifying the authenticity of documents and identities in digital environments, addressing challenges such as document fraud, synthetic identity fraud, and identity theft. Their technology is designed to detect manipulated documents and fake ID cards by verifying documents directly from their original sources. DIRO serves financial institutions, wealth management companies, crypto exchanges, neobanks, eCommerce marketplaces, and other businesses that need to verify customer identities during onboarding and transactions. The company offers bank account verification software and document verification solutions that help organizations distinguish between legitimate users and fraudsters. Their approach combines verification methods that go beyond traditional username and password systems or simple biometric checks. The platform addresses various fraud types including first-party fraud, synthetic identity fraud, account takeover, and transaction fraud. DIRO's technology is positioned as an alternative to manual document verification processes that cannot scale effectively in digital environments. The company's solutions are designed to help businesses meet Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance requirements while maintaining security during customer onboarding processes.