IDV – privacy-first identity verification for compliant onboarding
IDV (Identity Verification) is the process of confirming that a person’s identity is genuine before granting them access to a financial service or digital platform.
Modern IDV platforms must combine speed, accuracy, and privacy, allowing real-time verification that satisfies compliance while protecting personal data.
This is where privacy-preserving computation and decentral identity redefine what secure onboarding looks like.
The role of IDV in modern compliance
Financial institutions must verify customer identities using reliable and independent sources, as mandated by FATF Recommendation 10 and the EU’s AMLD6.
Failure to do so exposes firms to regulatory fines, reputational harm, and fraud losses.
IDV enables organizations to:
Failure to do so exposes firms to regulatory fines, reputational harm, and fraud losses.
IDV enables organizations to:
- Authenticate identity information against trusted databases.
- Detect impersonation and synthetic identities during onboarding.
- Meet KYC and AML due diligence requirements efficiently.
- Reduce friction through automated, risk-based verification.
When combined with decentral identity and CIAM, IDV becomes a continuous assurance layer rather than a one-time compliance event.
Related: See CIAM for how verified identities connect to secure access management.
Related: See CIAM for how verified identities connect to secure access management.
How privacy-preserving IDV works
Traditional IDV systems collect and process customer data in centralized repositories — an approach increasingly at odds with GDPR and FATF’s privacy guidance.
Privacy-preserving IDV removes that exposure by validating identity data in encrypted form.
This is achieved through:
Privacy-preserving IDV removes that exposure by validating identity data in encrypted form.
This is achieved through:
- Multi-Party Computation (MPC): verifying identity details across entities without sharing raw data.
- Zero-Knowledge Proofs (ZKP): confirming that credentials are valid without revealing them.
- Confidential Computing: ensuring identity data remains encrypted while being processed.
- Federated verification: enabling trusted parties to collaborate on validation securely.
These capabilities enable real-time verification that is auditable, compliant, and privacy-protected.
Related: Read Privacy-preserving computation for the technology enabling encrypted validation.
Related: Read Privacy-preserving computation for the technology enabling encrypted validation.
IDV and decentral identity – toward reusable verification
One of the biggest inefficiencies in KYC processes is duplication — customers repeatedly prove their identity to multiple institutions.
Decentral identity solves this by allowing verified credentials to be reused securely across platforms.
When IDV integrates with decentral identity, verified proofs are stored under user control and can be revalidated instantly without resubmitting documents.
This reduces costs for institutions and friction for customers, while keeping regulators satisfied with verifiable, cryptographically protected assurance.
Related: Explore Decentral identity to see how user-controlled credentials enhance compliance.
Decentral identity solves this by allowing verified credentials to be reused securely across platforms.
When IDV integrates with decentral identity, verified proofs are stored under user control and can be revalidated instantly without resubmitting documents.
This reduces costs for institutions and friction for customers, while keeping regulators satisfied with verifiable, cryptographically protected assurance.
Related: Explore Decentral identity to see how user-controlled credentials enhance compliance.
“Real-time IDV isn’t about collecting more information — it’s about proving more with less. Privacy-preserving verification will become the new global standard.”
– Mark Medum Bundgaard, CPO, Partisia
This summarizes the industry’s move toward cryptographic proof-based verification — faster, safer, and regulator-approved.
Solve privacy-first IDV for compliant onboarding
Partisia provides the infrastructure for privacy-safe, real-time identity verification across institutions and jurisdictions.
Using Multi-Party Computation (MPC) and Confidential Computing, Partisia enables verification without exposing identity data to third parties.
With Partisia, organizations can:
Using Multi-Party Computation (MPC) and Confidential Computing, Partisia enables verification without exposing identity data to third parties.
With Partisia, organizations can:
- Perform IDV securely across financial networks.
- Support Perpetual KYC (pKYC) with continuous, privacy-preserving validation.
- Meet FATF, EBA, and DORA requirements for verifiable privacy.
- Integrate IDV, CIAM, and Decentral identity into one compliance-ready ecosystem.
Partisia transforms IDV from a regulatory checkbox into a competitive advantage — combining compliance efficiency with user trust.
