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Veridas and Stelo.ai join hands for enhanced security

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Veridas, a renowned leader in biometric solutions for digital identity verification, proudly unveils its strategic partnership with Stelo.ai, an AI-driven intelligent document processing partner. This collaboration marks a significant advancement in addressing the escalating challenges of digital fraud and streamlining operational processes across diverse industries.

Why Partner Veridas with Stelo.ai?

The alliance between Veridas and Stelo.ai responds to the increasing demand for robust solutions in identity verification and document processing. It is driven by a mutual recognition of each other’s strengths and a shared commitment to addressing the complexities of digital transactions while prioritizing security, efficiency, and user experience.

The Outcome: Revolutionizing Digital Security and Efficiency

The fusion of Veridas’ cutting-edge biometric solutions with Stelo.ai’s AI-powered document processing platform offers a comprehensive solution to combat digital fraud and optimize operational workflows. Veridas ensures secure authentication through advanced biometric verification, while Stelo.ai employs artificial intelligence to swiftly and accurately extract key data from documents, thereby enhancing fraud detection and operational efficiency.

Benefits for Businesses

By combining Veridas’ expertise in cutting-edge biometric solutions with Stelo.ai’s AI-powered document processing platform, this partnership offers a myriad of benefits:

    • Combatting Digital Fraud: The fusion provides a comprehensive defense against digital fraud. Together, we offer enhanced fraud detection capabilities, shielding businesses from potential financial losses and reputational harm.
    • Optimization of Operational Processes: Automation of identity verification and document processing streamlines business operations, reducing turnaround times and enhancing overall efficiency. This not only increases productivity but also allows businesses to focus on core activities.
    • Improved User Experiences: The integration of intuitive interfaces simplifies the customer onboarding process, providing users with a seamless and user-friendly experience. By enhancing user satisfaction and retention rates, businesses can foster stronger relationships with their clientele.
    • Expanded Service Offerings: Through this collaboration, we both expand our service offerings, providing clients with a broader range of identity verification and document processing solutions. This ensures that businesses have access to comprehensive tools to meet their evolving needs.

“By integrating our biometric solutions with Stelo.ai’s cutting-edge document verification technology, we empower clients with unparalleled fraud detection capabilities” says Ignacio Lana, Veridas Partnerships Manager.

“It is a privilege to collaborate with Veridas, joining forces to fight fraud in both individuals (KYC) and legal entities (KYB), whether through in-person or digital channels, in Spain and in over 25 countries” said Valentí Canadell CEO & Co-Founder Stelo.ai.

About Veridas

Veridas is a technology company that was founded in 2017 as a joint venture with BBVA. Since then, it has become a leading global player in the identity industry, serving over 250 clients across 25 countries in sectors such as banking, insurance, telecommunications, and public administrations. Veridas’ success is built on its commitment to technology, talent, and hard work, and its mission is to enable secure and reliable identity verification and authentication through its cutting-edge biometric solutions.

Veridas focuses on what it calls “Phygital” identity, combining physical and digital identity verification for a seamless user experience. Its modular solutions, which include its own facial biometrics, voice biometrics, and identity document verification technologies, can be tailored to any scenario.

Veridas was born with the purpose of guaranteeing people’s right to use their real identities in the digital and physical world. Its vision is a future that is passwordless and keyless, where people are recognized privately, securely, and voluntarily for who they are.

About Stelo.ai

Stelo.ai offers off-the-shelf and bespoke document verification solutions powered by artificial intelligence (AI). These solutions are designed to extract key data from documents and verify their authenticity, thereby combating fraud and optimizing operations. By harnessing AI technology, Stelo.ai aims to enhance security measures while delivering unique user experiences across various industries.


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