Folio

Folio, developed by Folio Technologies LTD, is a digital wallet and identity verification platform designed to securely store and manage digital identity documents, including government ID cards, membership cards, and health credentials. It caters to businesses of various sizes, from small to large companies, government agencies, and membership organizations. The platform is utilized by professionals and industries in financial services, government, membership associations, healthcare, and ticketing companies.

Key Features

Biometric Identity Services: According to the vendor, Folio offers cloud-based Biometric Identity Services that aim to enhance the customer experience and improve security. These services can be deployed throughout the customer lifecycle, not limited to the onboarding process.

Advanced Reporting and Client Portal: Folio provides an advanced reporting and client portal that offers a comprehensive view into the entire IDVaaS system. This portal allows businesses to monitor and analyze data in real-time, providing valuable insights to enhance decision-making.

Folio SDKs and API Integration: Folio SDKs (Software Development Kits) enable businesses to easily integrate Folio's digital identity services into their existing systems, facilitating the benefits of biometric identity verification.

High Levels of ID Assurance and Compliance: The vendor states that Folio offers high levels of ID assurance with ISO 27001 and SOC2 Type II compliance, ensuring businesses can trust the security and privacy of their customers' data.

Digital Wallet for Individuals: Folio's digital wallet allows individuals to securely store and manage their digital identity documents, such as government ID cards, membership cards, and health credentials.

Government ID Services: According to the vendor, Folio provides digital identity solutions for governments, enabling them to establish secure and pervasive digital credentials for their citizens.