Verimoto is an asset Identity Verification System. Verimoto revolutionises the private vehicle financing process. Using a mobile application and cutting edge digital technology to validate the asset and seller quickly and efficiently, Verimoto delivers a fantastic customer experience whilst streamlining back office processes.​ Features: ID Check with document verification services, facial recogniction, funds destination verification (FDV), plate optical recognition, VIN scan and reader, seller and driver Licence OCR and Biometrics, PPSR check, owner verification, location & timestamp flags, prevent GPS spoofing. The benefits include reduced costs, reduced timeframe and reduced risks of fraud. -Reduces costs associated with data raking, physical verification of identity and chasing documents. -Saves the lender from spending time on organising inspections and collating documents. -Eliminates fraud through advanced technology, real-time database checks, geolocation verifications, biometrics.