Regent Identity Verification Solution

The Iowa Board of Regents Universities is seeking a proposal for an identity verification system to support various use cases such as student enrollment, administrative FAFSA fraud reviews, and employee verification. The system should meet NIST SP 800-63A-4 requirements and provide a modern, intuitive, web-based user experience. The proposal should include detailed quotes, implementation plans, and security documentation. • The system should support an administrative model and a self-service model for identity verification. • The system should provide a risk score and verification decision. • The system should be accessible through commonly used internet browsers and support streamlined file uploads. • The system should comply with applicable privacy and security regulations. • The system should provide audit logs and export functionality. Some of the key features and functionalities required include: • Identity verification and document validation • Biometric verification and liveness detection • Fraud detection and risk assessment • Reporting and analytics • Integrations with other systems such as Single Sign-On and Workday The universities are looking for a solution that can meet these requirements and provide a high level of security, privacy, and compliance.