Method for electronic identity verification and management

Abstract

A method for electronic identity verification and management includes receiving a request for verification of identity for a customer from a service provider; requesting consent from the customer to access data from one or more data holders associated with the customer; receiving consent from the customer to access data from the one or more data holders and sending the consent to the one or more data holders; receiving customer data from the one or more data holders; processing the customer data to verify the identity of the customer, identifying one or more online identity sources of the customer and analysing the one or more online identity sources to determine a level of risk associated with the customer identity, and generating a verified compound digital identity for the customer based on the authenticated identity document and the one or more online identity sources of the customer without storing personally identifiable information.

CPC Classifications