ADVANCE.AI AdvanGuard Identity Verification

ADVANCE.AI was founded in Singapore in August 2016 and is part of the Singapore-headquartered Advance Intelligence Group. It provides digital identity verification, KYC and KYB, compliance and risk services to banks, fintechs, payment, crypto and e-commerce companies, and has launched in markets including Indonesia, the Philippines and Vietnam.

The AdvanGuard suite links document checks, facial recognition and risk intelligence into one onboarding flow. Identity Verification runs end-to-end onboarding, Document Verification validates IDs and detects forged or altered documents in real time, Face Authentication performs face matching and liveness checks, and Know Your Business verifies corporate clients. The products are delivered through APIs for integration into client apps.

• Identity Verification: Runs end-to-end digital onboarding in one flow.
• Document Verification: Validates ID documents and flags forged or altered IDs in real time.
• Face Authentication: Performs face matching and liveness checks against spoofing.
• Know Your Business: Verifies corporate customers for KYB requirements.
• AML coverage: Supports screening needs as part of compliance workflows.
• Industry templates: Offers dedicated flows for banking, fintech, crypto and e-commerce.

A Vietnamese digital lender can verify ID documents and faces during app sign-up. A payment company can run KYB checks before onboarding merchants. A securities firm expanding regionally can use one verification vendor across several Southeast Asian markets.

Clients replace several point tools with one onboarding flow covering documents, face and business checks. Real-time forgery detection and iBeta Level 2 tested liveness reduce identity fraud at sign-up. One testimonial reports that Allo Bank onboarded more than 750,000 customers during a launch event. Faster API integration shortens time to market for new digital products.

Digital banks, e-wallets and lenders across Southeast Asia face rising deepfake and injection attacks during remote onboarding, while regulators tighten KYC and AML expectations. Regional providers that combine document, biometric and business verification in one stack are gaining share with multi-country financial groups.

Part of Advance Intelligence Group, backed by SoftBank Vision Fund 2, Warburg Pincus, Northstar and EDBI. Won the ASEAN Fintech award at Singapore FinTech Festival in December 2023, obtained iBeta Level 2 in October 2024, and signed with the Philippine Credit Information Corporation in August 2024 to launch a credit bureau.