Veriff will be providing secure onboarding services for Deel’s hiring and payroll platform. Deel allows businesses to manage international contracts and payments through a centralized dashboard, and to pay contractors and employees in the currency of their choice. The platform also helps guarantee that all contracts are compliant with local laws.
Veriff, meanwhile, will ensure that all of those employees are who they say they are. The company’s technology will be integrated into Deel’s onboarding process, and will help spot forged identity documents, as well as identity documents that have been manipulated.
With Veriff, Deel will be able to comply with the strict Know Your Customer and fraud prevention regulations that it is required to meet as a business that processes payments. Deel itself currently operates in more than 150 countries, and provides payroll services for more than 4,500 client organizations. Both Veriff and Deel are Y Combinator veterans, and remain active within the Y Combinator community.
“Partnering with Veriff allows us to provide customers with one of the best compliance and security processes, making it even easier to start scaling their business and teams remotely across borders,” said Deel COO Dan Westgarth. “Identity verification is critical, especially when providing a reliable and secure experience for our customers online.”
“Delivering a seamless online IDV process for employees and organizations is a key pillar of our business offerings,” added Veriff CPO and Co-Founder Janer Gorohhov. “With our automated identity verification service, Veriff is enabling Deel to mitigate the risk of the identity fraud issues that often occur with fast-growing global companies.”
Veriff launched its initial Veriff Station solution in late 2019. The company has since followed that with the release of a Face Match authentication solution in April of 2021. The start-up also brought in $69 million in a round of Series B funding that closed later that same month.
November 18, 2021 – by Eric Weiss