Originating from research at Dutch fintech company Inverid (formerly known as InnoValor), ReadID is the leading NFC-based mobile identity verification solution. It is rapidly adopted industries and application areas where fraud prevention is key, such as e-government, border control, banking, travel, and digital signing.
ReadID leverages what people already have: government-issued identity documents with contactless NFC chips and NFC-enabled smartphones. Reference customers include government agencies such as Home Office and GDS, AML compliance companies such as Thirdfort and TrustID, and banking institutions such as ING, Rabobank and ASB. ReadID was used in the EU settlement scheme, UK’s successful remote identity verification immigration programme.
NFC based identity verification disrupts the traditional way of remote identity verification through visual inspection: it is higly scalable, creates high conversion as it is instant for users, is much more secure and easy to use. Inverid is the world-leading NFC based identity verification provider. They can orchestrate with face verification (biometric) partners as well as optical verification partners as a fall-back for non-chipped identity documents.
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Main office address
Moutlaan 32
7523 MD Enschede
Netherlands
Key Products / Services / Sectors (USPs)
Our product ReadID for identity verification can be provided in a SaaS model as well as client-only (on trusted devices). It can be integrated using our SDK or on the basis of our ready-to-use app ReadID Ready (enterprise, branded or basic). Inverid follows an NFC-first approach, as NFC is most secure, most scalable, best converting and easy to use. We can orchestrate with optical identity verification partners as a fall-back. ReadID can be combined with face verification vendors.
Modern identity document have a contactless NFC chip. This chip is standardized by the ICAO, part of the United Nations. The information on the chip is digitally signed by the issuing country and has protection against cloning. Inverid provides the complex cryptography that is needed to verify the authenticity of and information on the chip, thus providing a smart and simple way to verify the authenticity of the identity document within seconds. Users do not need to be trained to verify authenticity. ReadID supports ICAO 9303 and ISO 18013 compliant identity documents, non-chipped documents can be verified through partners.
Inverid is the first and the only technology provider in the identity document verification industry with a certified automated solution for qualified digital signatures and eID High. All certifications have been assessed by the well-known and accredited German/Austrian auditor TÜV.
Distinguishing features of Inverid delivering trusted identity verification are:
– we create conversion, supporting more than 160 countries and over 2.600 different models of smartphones.
– we scale seamlessly as no manual steps are involved – 6.3 million people in EUSS, 121.00 by Digidentity in a day, 737.000 in a week by Danish mDL
– it is easy to use – dynamic user guidance for optimal experience.
– it is very secure – No known false accept in millions of transactions, flawless reading of chip, ISO27001, ISO27701, eIDAS component certified, SOC2 type 2 compliant, Cyber Essentials certified.
– ReadID is easy to implement – high-level & low-level APIs, Ready within 6 weeks, EBA & GDPR compliant templates
Services
Supports eID
Yes
No
Area of focus
Consumers
Internal services (enterprise)
Identity provisioning (IdP)
As-a-Platform
API
As-a-Service
Wallet/SDK
Hub
On-board RPs
Offer translation of protocols
Handles federation
Integrate RPs/IDPs/Wallets
Can offer consent capture if required
Attribute brokerage
Can capture self-asserted
Can verify self-asserted
Can integrate with third parties (eg Open Banking)
Supports verified claims (VCs)
Verification services/support
Not supported
N/A
Yes – third party verifiers used (including Open Banking)
Yes – In-house verification service
Authentication
Password/username
Multiple factors (MFA)
Biometric
FIDO
Mobile device
Other
Data store functionality
Attribute storage
Attribute sharing
Configurable for specific sectors (e.g. health)
Use decentralised stores (eg Wallets or online)
Can offer consent capture/handling
Account management for users
Yes
No
On request
Account recovery
Self-service
Help desk
Key management required by user
Channel support
Omni-channel
Web
Mobile
Digital assistant
Wallet
Other
Protocol support
SAML 2.0
OIDC
Oauth
UMA
DID (decentralised identifiers)
Third party capability
External
Internal
Other
Other
Risk-based authentication
Anti-fraud support
Data minimisation support
Consent management
Variable registration (multi-user journey support)
Support for accessibility
Logging and audit
Billing system
User Journeys
Self-service
Offline options, incl. F2F
Upgrade paths to increase assurance levels over time
Creation of delegated accounts
Rules
To modify system behaviour
For risk-based authentication
To use events to drive transactions
To manage user journeys, including verification
To handle LOA upgrades/downgrades
API available
Yes
No
Wallet-based systems
Wallet available
SDK available
Decentralised
Handle payments
Handle identity document’s (eg drivers license)
Handle health information (eg vaccine certificates)
Other
Testimonials
"We have grown the online channel for onboarding new customers from 35% to 60% using ReadID.”
Emy Leemans, Product Manager Customer Onboarding Rabobank
"During COVID, we were able to scale up to 120.000 digital onboardings a day thanks to ReadID"
Marcel Wendt, Managing Director Digidentity
"If you want to be sure that the identity document is real and is in use right now then I see no real alternative to NFC and biometrics.”
Kalev Pihl, CEO of SK ID Solutions
“We needed reliable, proven technology. Using the NFC solution is much more reliable than OCR. It took us only 6 weeks to implement, from start to finish.”
Rianne Rolsma, product owner at Aegon
Clients
