OCR Labs, a digital identity verification (IDV) provider, has begun its next growth phase. The company has undergone a rebranding from OCR Labs Global to IDVerse, offering innovative IDV solutions that have the potential to transform the way businesses engage with their customers.
The decision to move away from Optical Character Recognition (OCR) in its name is a clear reflection of the evolving IDV landscape since the establishment of OCR Labs in 2014. In light of the increased popularity of Generative AI and synthetic media, fraudulent activities have become more complex. IDVerse’s solutions have evolved to combat such threats effectively.
Read More: OCR Labs Relaunches as IDVerse in the Expanding Universe of Online Identity Verification
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