Through the deal, iDenfy will ensure compliance and security for VIAINVEST through AI-powered identity verification.
VIAINVEST searched for reliable and transparent ID verification partners to prevent financial crimes and minimise onboarding costs. It claims that the technology and AI-powered solutions help improve security and customer data management.
One of the reasons it picked IDenfy was due to its service of quality as well as trust. It added that it offered an all-in-one solution for ID verification and anti-money laundering screening. Through iDenfy, it could accomplish all its tasks with one partner.
iDenfy will enable VIAINVEST to comply with the latest standards as well as offer customers a seamless onboarding and investing experience.
VIAINVEST platform lead Aleksandrs Puzdrans said, “Many organizations, including the Bank of Lithuania, use iDenfy, which is critical when evaluating the trustworthiness of a partner with whom we work. Certain risks come with an expanding client base like ours, and we’re happy to have found a common language regarding security with iDenfy.”
Lithuania-based iDenfy offers an end-to-end identity verification solution. Its full-stack authentication service is powered by AI, which guarantees the accuracy of automatically generated verification results.
It currently has over 500 partners using the digital identity verification service.
Earlier in the year, tech development company Sevio teamed up with iDenfy.
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