KYC & Identity Verification for Fintechs

Navigate Onfido, Alloy, [Persona](/tools/persona), and the evolving identity verification landscape.

Identity verification is the gatekeeper of fintech compliance. With regulatory requirements tightening globally, choosing the right KYC provider is critical.

Document and biometric verification

Onfido, now part of Entrust, offers AI-powered document verification and biometric authentication. Its strength is in global coverage — supporting thousands of document types across 195+ countries — and a low-friction user experience.

Persona specializes in flexible identity verification with a focus on automation and workflow customization. Its breadth at the top of the funnel makes it popular with fintechs that need to verify both individuals and businesses.

Orchestration

Alloy takes an orchestration approach, connecting multiple identity data sources — document verification, watchlist screening, credit data, and more — into a single decisioning workflow, so KYC and KYB rules are composed rather than fixed by the vendor.

Ongoing monitoring

Onboarding is not the end of the obligation. ComplyAdvantage handles AML and sanctions screening on an ongoing basis, and Sardine adds device intelligence and behavioral biometrics to catch fraud that a document check cannot.

The simple path

Stripe Identity offers embedded KYC that integrates with existing Stripe payments infrastructure.

How to choose

The differentiating factors are document coverage by region, liveness detection method, whether AML and sanctions screening is included, orchestration capability, and support for business as well as individual verification.