Digital Identity Growth
The worldwide adoption of Smartphones has created a boom in Biometric Identity Verification (IDv). The predicted Compound Annual Growth Rate (CAGR) of Mobile Wallet users is set to be worth $340bn by 2026*. IDv is replacing password protection and bringing greater levels of trust and certainty to online transactions, IDv is the 'killer app' for the internet of trust.
Europe - Mobile Wallet CAGR
US - Mobile Wallet CAGR
APAC - Mobile Wallet CAGR
A world built on identity!
Folio Identity Verification as a Service (IDVaaS) helps businesses provide services such as: KYC/AML, Account Authorization, Building Access and Employee Credential Issuance.
Government ID Services
Offering government-backed digital identity services facilitates public-private partnerships and delivers efficiency to existing government services from taxation to voting.
Folio Wallet lets you digitize and store Plastic Cards and digital credentials e.g Vaccination Certificates, Test Results and Government Issued Documents, bringing freedom and convenience to a complex world.
Folio Digital Idenity Platform
The Folio Digital Identity Platform is a suite of services built around 3 core offerings: Issuance, Secure Storage and Identity Verification Services
Issuance of unique and highly secure digital cards that are natively stored in Folio wallet and linked biometrically to the rightful holder.
Fully configurable design, user friendly and always ready to be presented, even if the user is offline.
Cards include a QR code that can be easily verified with a smartphone camera. To enter an event, demonstrate Covid status, access a museum etc.
ISO certified liveness verification to be sure you are dealing with a real human being.
Highly accurate face matching engine to link the user with their documents and verify you are always dealing with the same person.
Document capture and verification, with a library of more than 9000 documents.
Our solution can directly read information from the chip in your passport and verify cryptographically the content. Highly secure for both users and relying parties.
Your users can verify their identity using a laptop, tablet, or smartphone with the ability to switch from one device to another seamlessly.
Secure Storage Services
All your cards in one place, classified and ready to be checked or verified. You can store digital copies of your physical cards and digitally issued cards as your vaccination digital record.
Only you can access your cards as Folio secure storage is biometrically protected to give access only to the rightful owner.
Your data is only stored in your own wallet and protected with your own cryptographic keys. Personal data is only shared when and if the user wants.
Real World Implementations
Building Access (Issuance + Storage)
Issue building access passes to contractors, visitors, or tenants. Passes are issued to digital wallets which can be validated by security personnel or even integrated with door access systems.
Health Credentials (IDv, Issuance, Storage)
Issue vaccine, test, or blood results directly from management systems to patients' digital wallets. This improves speed, security, and accuracy.
Embedded Finance (IDvaaS)
Ideal for KYC/AML or financial services, Folio offers Biometric Identity Verification using Artificial Intelligence to match selfies with government ID. Using the Folio API/SDK this can quickly and securely be added to your online services.
Wallet Access (Secure Storage)
Folio is the highest-rated mobile identity wallet across the app stores. From loyalty cards to membership certificates, Folio is the perfect solution for paperless and plastic-free storage.