Verifying identity and catching fraud – Data Zoo’s US patented solution for a digital world

22 October 2023 by Jennifer Harrison

FinTech

Physical possession of identity documents helps prove a person is who they claim to be.

But criminals can steal personal information via data breaches - or purchase on the dark web – and open online bank accounts, digital wallets and crypto trading apps.

Data Zoo is fighting back with a US patented, global solution to this digital identity problem.

The innovative elements of the proprietary solution include layered verification to create a compound digital identity - and a real-time dynamic trust scoring system - by combining government-issued documents with online identity sources and other relevant details like open banking data.

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Jennifer Harrison @ 2023.10.22 9:58 AM
Photo L-R: Mike Doran (Chief Product Officer), Memoona Anwar (Chief Compliance & Innovations Officer), Tony Fitzgibbon (Chief Executive Officer) and Danny Kim (Chief Financial Officer).

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