Didit's Open Marketplace: Beyond 1,000 Data Sources for Identity Verification

Didit's open marketplace identity verification provides a single API endpoint to access over 1,000 data sources and an open marketplace of modules, enabling businesses to build highly customized and effective identity and fraud infrastructure.

The Challenge of Comprehensive Identity Verification

In today's digital economy, businesses face a complex array of challenges when it comes to verifying identities and preventing fraud. These challenges include:

• Global Reach: Operating across multiple countries and territories requires access to diverse local data sources and compliance with varying regulations.
• Evolving Threats: Fraudsters are constantly developing new tactics, necessitating agile and adaptable fraud prevention measures.
• Data Silos: Relying on multiple, disparate vendors for different aspects of identity verification (User Verification / Know Your Customer, Business Verification / Know Your Business) and fraud (Transaction Monitoring, Wallet Screening / Know Your Transaction) leads to operational inefficiencies and gaps in coverage.
• Cost and Integration Complexity: Integrating and managing various point solutions can be expensive and resource-intensive, especially for startups and rapidly scaling companies.

Traditional identity verification solutions often offer a fixed set of data sources and capabilities, which might suffice for some use cases but fall short for others. This "one-size-fits-all" approach can leave businesses exposed to risk or force them to compromise on user experience.

Didit's Open Marketplace Identity Verification: A Modular Approach

Didit addresses these challenges with its unique open marketplace identity verification model. Instead of a closed system, Didit provides an infrastructure that is both comprehensive and flexible.

Over 1,000 Data Sources, One API

At the core of Didit's offering is access to over 1,000 data sources from 220+ countries and territories. These sources cover a vast array of identity attributes, including:

• Government-Issued IDs: Support for 14,000+ document types, with reliable document verification and facial biometrics (iBeta Level 1 PAD).
• Public Records: Access to official databases for address verification, criminal records, and other relevant public information.
• Commercial Data: Leveraging commercial databases for additional identity corroboration.
• Watchlists and Sanctions Lists: Screening against politically exposed person (PEP) lists, sanctions lists, and adverse media for anti-money laundering (AML) compliance.

All these data sources are accessible through a single, unified API. This simplifies integration dramatically, allowing developers to connect to a global network of identity and fraud checks with minimal effort. Integrating Didit typically takes as little as 5 minutes.

An Open Marketplace of Modules

Beyond the extensive built-in data sources, Didit offers an open marketplace of modules. This allows businesses to:

• "Bring Your Own" Data: Integrate proprietary data sources or specialized vendor modules directly into the Didit platform.
• Customize Workflows: Select and combine modules to create bespoke identity verification and fraud prevention workflows tailored to specific risk profiles and regulatory requirements.
• Adapt to New Threats: Rapidly deploy new modules or swap out existing ones as fraud patterns evolve or business needs change.

This modularity is crucial for businesses operating in dynamic environments. For example, a financial institution might require specific modules for enhanced due diligence on high-risk customers, while an e-commerce platform might prioritize modules for real-time transaction monitoring.

Use Cases Across the Lifecycle

Didit's open marketplace identity verification supports the entire customer and transaction lifecycle:

• Authenticate: Securely verify user identity at login or during critical actions.
• Verify: Perform User Verification (KYC) and Business Verification (KYB) checks during onboarding, including ultimate beneficial owner (UBO) identification and proof of address (PoA).
• Monitor: Conduct ongoing Transaction Monitoring to detect suspicious activity and Wallet Screening (KYT) for cryptocurrency and digital asset platforms to prevent illicit finance.

For instance, a neobank could use Didit to verify a new customer's identity with a document scan and facial biometrics, then screen them against PEP and sanctions lists, and finally monitor their transactions for suspicious activity reports (SAR).

Technical Implementation and Benefits

Didit's API is designed for developer-friendliness. The API uses standard RESTful principles, making it easy to integrate into existing systems. For example, a typical identity verification flow might involve calling an endpoint like /v1/verifications with user data.

{
  "customer_id": "user_12345",
  "document_type": "passport",
  "document_image_front": "base64_encoded_image_data",
  "selfie_image": "base64_encoded_selfie_data",
  "country": "ES",
  "modules": [
    "document_verification",
    "liveness_detection",
    "aml_screening"
  ]
}

This call would trigger a cascade of checks using the specified modules and data sources, returning a comprehensive result that informs the next steps in the customer journey.

Key benefits of this approach include:

• Unrivaled Coverage: Access to a vast global network of data sources ensures high verification rates and broad international support.
• Flexibility and Customization: The open marketplace allows businesses to precisely tailor their identity and fraud infrastructure to their unique needs.
• Reduced Integration Overhead: A single API for all checks significantly reduces development time and ongoing maintenance.
• Cost-Effectiveness: Public pay-per-use pricing with no minimums means businesses only pay for what they use, with full identity verification starting from $0.30.
• Enhanced Compliance: Didit is SOC 2 Type 1, ISO/IEC 27001 certified, and iBeta Level 1 PAD compliant. It is also the only provider an EU member-state government (Spain's Tesoro / SEPBLAC / CNMV) has formally attested is safer than in-person verification.

Key Takeaways

• Didit offers an open marketplace identity verification model, moving beyond fixed solutions.
• It provides access to over 1,000 data sources and 14,000+ document types across 220+ countries and territories through a single API.
• The open marketplace allows for modular customization, enabling businesses to integrate their own data or specific vendor modules.
• Didit supports the full identity and fraud lifecycle: Authenticate, Verify (KYC/KYB), and Monitor (Transaction Monitoring/KYT).
• Benefits include global coverage, flexibility, simplified integration, cost-effectiveness, and reliable compliance.

Frequently Asked Questions

What does "open marketplace identity verification" mean?

It means that Didit provides a platform where businesses can access a vast network of over 1,000 data sources and integrate various modules, including their own, to build customized identity and fraud verification workflows, rather than being limited to a fixed set of services.

How many data sources does Didit integrate?

Didit integrates over 1,000 data sources, covering 220+ countries and territories and 14,000+ document types.

Can I integrate my own data or specific third-party modules?

Yes, Didit's open marketplace is designed to allow businesses to "bring your own" data sources or integrate specialized modules from other providers to enhance their verification processes.

Is Didit compliant with international regulations?

Yes, Didit is SOC 2 Type 1, ISO/IEC 27001 certified, and iBeta Level 1 PAD compliant. It is recognized by an EU member-state government (Spain's Tesoro / SEPBLAC / CNMV) as safer than in-person verification.

How fast is the integration process?

Didit is designed for rapid integration, typically taking as little as 5 minutes to get started with its unified API.

Didit's approach to identity and fraud infrastructure, centered around its open marketplace identity verification, empowers CTOs, compliance officers, product managers, and developers to build resilient and adaptable systems. By providing access to a vast network of data sources and the flexibility to customize workflows, Didit ensures that businesses can meet their specific identity verification and fraud prevention needs efficiently and compliantly. You can explore Didit's capabilities and transparent pay-per-use pricing, with full identity verification from $0.30, and try it out with 500 free checks every month.

Get started with Didit

Didit is infrastructure for identity and fraud — one API, public pay-per-use pricing, and 500 free verifications every month. Add User Verification to your flow and integrate in 5 minutes.

• User Verification — see how it works and what it costs.
• Read the documentation — API reference and integration guide.
• Start free — 500 verifications every month, no credit card required.