Stipe is launching Stripe Identity, a self-serve, AR-powered, tool that developers can integrate into their platforms to verify user identities.
The new tool will see Stripe managing encrypted customer data, using computer vision and machine learning to “read” government IDs and match them up with live selfies in less than 15 seconds. The service will also not require users to already be Stripe customers.
Related | Twitter Relaunches Profile Verification Application Process
Stripe Identity was launched in beta, last week, to 30 countries worldwide, showing that Stripe can also cover complex API-based needs for businesses, beyond online payments. Some platforms, including Discord, Peerspace, and Shippo, have already been quietly testing the feature.
ID authentication through KYC serves a number of other very relevant online necessities, like preventing account takeovers, verifying users’ ages, complying with “know your customer” regulations, and keeping away bots and trolls.
“Businesses have been asking us for an easy and fast way to verify identities online. Stripe Identity offers them just that,” said Rob Daly, head of Engineering for Stripe Identity. “Now, any internet business — from a five-person startup to a multinational enterprise — can begin securely verifying the identities of their users in a matter of minutes, not weeks or months.”
Interestingly, Stripe Identity is a public extension of the company’s own and already existing service, which was built in-house and has been used internally to verify merchants for the last 10 years.
We don’t yet know what Stripe will charge for the service other than there will be a “per transaction” fee. Keep an eye on Stripe Sessions, Stripe’s developer conference which began last week, for more info.
In the meantime, developers can already request access here.
You might also like
More from Tech
Leaked: Instagram Is Working On An AI Chatbot
Images leaked by app researcher Alessandra Paluzzi show that Instagram is working on an AI chatbot. According to the images shared …
ChatGPT Maker OpenAI Is Now The Fastest Growing Website
Traffic to the OpenAI website grew by 54.21% in March – the greatest leap among the world’s leading websites. OpenAI now …
This Digital Artist Takes Album Covers to the Next Level With Generative AI
Alexander Dobrokotov, a digital artist, used generative AI to envision a broader canvas around some of the most famous album …
Forget ‘Hey Siri’ – Apple Is Changing The Trigger To Just ‘Siri’ In iOS 17
Soon You Will Just Have To Say 'Siri' To Trigger Apple's Digital Assistant. The change is coming as part of …
Instacart Has A New In-App AI Search Tool Powered by ChatGPT
Instacart added a new AI search tool powered by ChatGPT. "Ask Instacart" will be available to all US and Canadian …
TikTok Begins Testing Tako, Its Own AI ChatBot
TikTok Tako is a new AI chatbot that could “radically change search and navigation” in the app. News of the test …
MissJourney AI: Fighting Biased Gender Stereotypes
Missjourney is an AI tool that generates images exclusively of women, from CEOs to leaders, superheroes, doctors and engineers. TEDxAmsterdam Women …
Google Product Studio Lets Merchants Create Product Imagery With Generative AI
Google is launching Product Studio, a new tool that lets merchants create product imagery for free, using generative AI. Google Product …
The OFFICIAL ChatGPT App Launches On iOS
OpenAI is launching an official ChatGPT app for iOS, sending a warning to all the unofficial apps out there. Finally. Months …