iDenfy
22 Case Studies
A iDenfy Case Study
The Everset, a New York–based sustainable furniture rental and staging company, faced rising customer volumes and mounting losses from fraud and non-payment/non-return (NPNR). The business had no prior ID verification process, making it difficult to confirm that the person placing orders matched billing records—leading to a 13% NPNR rate and several-thousand-dollar losses per affected account. To address this, The Everset engaged iDenfy for identity verification (IDV).
iDenfy implemented an automated, fully digital onboarding and ID verification solution with broad document coverage and easy integration, taking on identity data security so The Everset didn’t need to store sensitive records. As a result, iDenfy helped reduce fraudulent accounts by 83%, cut NPNR for new orders from 13% to 2%, and improved recurring revenue and furniture return rates.
Ben Stewart
Head of Customer Experience