Stripe Announces Stripe Identity, an Identity Verification System for Online Trades

Stripe Announces Stripe Identity_ an Identity Verification System for Online Trades

Stripe Identity, an identity verification system for online businesses, was recently launched by Stripe. The self-service solution is meant to allow businesses to establish a Stripe-hosted verification route to reduce fraud, prevent account takeovers, and block bad actors.

Businesses have been requesting a simple and quick way to authenticate identities on the internet. Stripe Identity does just that, according to Rob Daly, Stripe Identity’s head of engineering. Any internet company, from a five-person start-up to a global corporation, can now begin safely confirming the identities of its users in minutes rather than weeks or months.

To Read More: ZDNet

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