Veriff
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Veriff
Veriff is a global identity verification service company founded and headquartered in Tallinn, Estonia. The company offers services for online businesses to mitigate Identity fraud, fraud attempts and assisting regulatory compliance. Offering protection from identity fraud and identity theft, Veriff verifies a customer's identity automatically, using an Artificial intelligence, AI that analyzes a multitude of technological and behavioural indicators, including Facial recognition system, facial recognition. The service is provided to companies as an API, which has been compared to Stripe (company), Stripe. History Veriff was created by Kaarel Kotkas who, while living on Hiiumaa, the second-largest island of Estonia, had experienced difficulties with identification-based transactions. As he helped run his family farm, he tried to buy supplies online and encountered difficulties setting up a PayPal account – he was rejected as he was a minor. Without thinking twice at the time, he ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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