Company Market Research Report: VIDA Digital Identity

Company Overview

• Name: VIDA Digital Identity

• Mission: To help businesses reduce fraud, increase onboarding conversions, and maximize productivity through world-class verification, authentication, and digital signature solutions.

• Founded by:

• Niki Luhur: Founder & Group CEO

• Sati Rasuanto: Co-Founder & CEO

• Gaj Kandasamy: Co-Founder & COO

• Founded in: 2018

• Headquartered in: Jakarta, DKI Jakarta, Indonesia

• Number of Employees: 51-200

• Revenue: No information is available

• What the Company is Known For: VIDA is known as Indonesia’s leading digital identity provider, offering services that digitize and secure identities and ensure safe and secure digital transactions.

Key People

• Adrian Anwar: Managing Director and Chief Revenue Officer

• Chaerany Putri: Director of Public Affairs

• Jeffrey Siaw: Vice President of Data Science

• Advisors:

• Gita Wirjawan

• Pandu Patria Sjahrir

• Julianto Sidarto

Products

VIDA provides a suite of products aimed at identity verification, digital signature, and authentication:

1. VIDA Identity Stack

• Description: Protects end-to-end digital transactions against fraud.

• Key Features: Utilizes AI-generated solutions for fraud prevention with 99.9% effectiveness.

2. VIDA Sign

• Description: A digital signature platform enabling secure, remote document signing.

• Key Features: Ensures documents are authentic and tamper-proof using cryptographic technologies.

3. Biometric Authentication Solutions

• Description: Passwordless authentication through mobile biometric solutions.

• Key Features: Secure verification methods, including face recognition and liveness detection.

4. Deepfake Shield

• Description: A security feature to ensure the authenticity of facial images.

• Key Features: Uses AI technology to combat deepfake fraud.

Recent Developments

• Product Launches:

• VIDA Identity Stack: Recent launch includes the use of advanced technologies to achieve a 99.9% fraud prevention rate.

• Partnerships:

• Collaboration with Metranet to enhance educational experiences by leveraging digital innovation.

• A strategic partnership with OpenBank+ to support digitalization in financial services, particularly for micro and small businesses.

• Feature Updates:

• Introduction of Deepfake Detector and Fraud Scanner to combat AI-driven threats effectively.

• PhoneToken and FaceToken for enhanced passwordless authentication without compromising user experience.

• Compliance and Certification:

• Certified by WebTrust and recognized in 40 countries.

• Licensed and certified in Indonesia by the Ministry of ICT, with operations ISO 27001 certified.

Compliance

• Regulatory Standards: VIDA complies with national and international security standards, including ISO 27001 and WebTrust certification.

• Industry Impact: VIDA's products are tailored to securely enable business ecosystems in various sectors, including financial services, e-commerce, transportation, telecommunications, and healthcare.

Additional Information

• Locations:

• Jakarta, Indonesia

• Bangalore, India

• Singapore, Singapore

VIDA Digital Identity is committed to evolving and enhancing its digital identity solutions to match global security standards, ensuring businesses and individuals can transact with increased confidence and reduced risk of fraud across diverse industries.