Stripe launches AI-based ID verification for transactions and much more

Stripe is launching a new product called Stripe Identity — a self-serve tool that companies can use to verify user identities, with Stripe managing the customer data in an encrypted format, using computer vision and machine learning to “read” and match up government IDs with live selfies.

Stripe says the service works in as little as 15 seconds. The service is launching in beta starting today in 30 countries.

Read more: TechCrunch