Compare Identity Verification Methods

Can you verify someone’s real world identity online, without impacting users’ experience? The table below provides a summary of the more popular online verification methods, each with their associated pros and cons.

Verification Method

Pros

Cons

Verification Method

https://www.jumio.com/app/uploads/2020/04/compare-kba-1.svg
Knowledge-Based Authentication (KBA)
KBA verifies customers by asking them to answer specific security questions in order to provide accurate authorization for online or digital activities.

Pros

Cons

https://www.jumio.com/app/uploads/2020/04/compare-two-factor-1.svg
SMS-Based Two-Factor Authentication (2FA)
Two factor authentication is an extra layer of security that requires not only a password and username, but also something that that the user has on them (i.e. a piece of information only they should know or have immediately on hand, such as a physical token or a numeric code delivered via text message)

Pros

Cons

https://www.jumio.com/app/uploads/2020/04/compare-credit-bureau-1.svg
Credit Bureau-Based Solutions
Many online identity verification systems call out to one of the big three credit bureaus (Experian, Equifax and TransUnion), who then search for an identity match within their vast repositories of consumer credit data.

Pros

Cons

https://www.jumio.com/app/uploads/2020/04/compare-database-1.svg
Database Solutions
These solutions leverage online, social media and offline data (and sometimes behavioral patterns) to detect if an online ID is authentic, a fraudster or a bot.

Pros

Cons

https://www.jumio.com/app/uploads/2020/04/compare-online-identity-verification-1.svg
Online Identity Verification
These identity verification solutions often leverage a mix of artificial intelligence, computer vision and verification experts to determine if a government-issued ID is authentic and belongs to the user. These solutions often perform validity checks via a selfie to ensure that the person holding the ID (during ID Verification) is the same person shown in the ID photo.

Pros

Cons

Get Started

Let a Jumio expert show you how easy it can be to integrate our automated verification solutions into your onboarding process, whether it be within your app or on your website. Request more information here and we’ll be in touch shortly.