Equal ID Exchange Stack

Welcome to Equal!

At Equal, we empower businesses to efficiently collect, verify, and make decisions based on user documents. Our platform is designed to support any business workflow, enabling companies to concentrate on delivering value to their customers rather than managing verification processes. By leveraging Equal, businesses can prevent fraud, enhance operational efficiency, ensure compliance, and provide an exceptional user experience in managing customer identities. This allows businesses to focus on their core services and values, knowing that their verification needs are expertly handled.

In a verification process, Collection involves gathering the necessary documents or information from users. Verification is the step where these documents are checked for authenticity and compliance with relevant rules. Decision-making is the final phase, where the verified information is used to make a determination or action, such as approving or rejecting a request. Equal's product suite supports these steps, allowing businesses to select a full end-to-end solution or specific components, tailored to their needs for efficient identity management.

A use case where Z bank uses Equal to verify the user's Aadhaar and PAN for KYC

The Equal ID Stack is a comprehensive suite of tools, technologies, and processes designed to manage identity verification efficiently. The features that our ID stack offers are:

Data Collection: Tools and interfaces for collecting user information and documents, such as IDs, passports, and other identification forms.
Verification Technology: Systems for verifying the authenticity of the collected documents and user information.
Business Rule Engines: Business rule engines that apply predefined criteria to determine the legitimacy of the documents and user information. These engines help automate the decision-making process.
Fraud Detection: Mechanisms to detect and prevent fraudulent activities. This involves behavioural analysis, cross-referencing with known fraud databases, and anomaly detection.
Routing Engine: A sophisticated routing engine that directs the verification process through optimal paths providing the highest success rates.
Compliance Management: Tools to ensure that the identity verification processes comply with legal and regulatory requirements. This includes data protection, privacy compliance, and adherence to industry standards.
Integration Capabilities: APIs and SDKs for seamless integration with other business systems and workflows, ensuring that the identity verification process can be embedded into various business applications.
Analytics and Reporting: Tools for monitoring and analyzing the performance of the identity verification process. This helps in making data-driven decisions and continuous improvement.

Routing Engine

At Equal, we act as the "aggregator of aggregators" by harnessing a sophisticated routing engine to dynamically select the optimal data partner from our extensive network of data providers. This network is composed of specialised aggregators, each offering unique data sources and verification capabilities. When a verification request is made, our routing engine evaluates the specifics of the scenario and matches it with the most suitable data provider. This ensures that we leverage the most effective and reliable sources for each verification process, leading to the highest success rates for our clients. By managing this intricate network and optimising data sourcing, Equal enhances the efficiency and accuracy of identity verification.

Use Cases

Equal’s versatile platform is designed to address various business needs, including:

Know Your Customer (KYC): Streamline customer onboarding by verifying identities quickly and accurately, ensuring compliance with regulatory standards.
Employee Onboarding: Simplify the hiring process by verifying candidate identities and credentials efficiently.
User Onboarding: Enhance the user experience by providing a seamless onboarding process to the user.
Document Verification: Verify the authenticity of various documents, ensuring they meet the required standards.

Products we offer

ID Gateway: This product offers a unified solution for collecting, verifying, and making decisions about user identities all in one touchpoint, this is available in the SDK format for integration.
Personalized ID Gateway: This product allows businesses to customize their identity verification process by breaking down the steps of collection, verification, and decision-making, this is available in the SDK format for integration.
APIs: APIs offer a modular approach to identity verification, where the data collection and consent are managed through the business user interface.
Connect: Connect specializes in utilizing alternative data sources, such as demographic profiles, to enhance user onboarding and profile enrichment this is available in the SDK format for integration.

Our Business Rule could be configured with ID Gateway, Personalized ID Gateway and APIs.

What all do we support

User Government IDs

Aadhaar Card
PAN Card
Driving Licence
VoterID Card
Passport
UAN Card

User Documents

Bank Account Statement
Degree Certificates
Payslip
ITR
Vehicle RC
PF Passbook
Credit Reports
Legal Records

Alternate User Data

A user's identity is more than traditional government IDs and official documents. A user's identity also includes spending behaviour, eating habits, work profile and more. These alternate forms of data help in building a complete user profile and providing a more holistic view of an individual's identity. Currently, we support the following profiles for obtaining these alternate forms of data:

Demographic Profile
Work Profile
Financial Profile
Vehicle Profile