Amsterdam, Netherlands – June 3, 2025 – ID-Pal, the leading global experts in AI-powered identity verification, today announces the launch of ID-Pal Once at Money20/20: a reusable KYC solution that enables organisations to simplify operational processes, control costs and focus on growth while delivering a seamless user experience as standard.
The reusable identity verification solution allows verified identities of trusted customers to be securely reused, so returning users complete verification up to five times faster – equivalent to an 80% time saving in an already seamless verification flow.
ID-Pal Once intelligently recognises returning users and streamlines the verification process into just seconds by performing an accurate, secure and real-time liveness check. Each ID-Pal Once profile is built from already-verified identity data, but critically, this information is re-validated against an organisation’s own risk rules — without requiring the end user to repeat the submission process. This ensures ongoing compliance while minimising user friction.
As organisations grow, ID-Pal Once enables them to apply consistent, policy-aligned identity checks across regions, products, and channels, while maintaining full control over data access and verification logic.
More importantly, ID-Pal Once enables organisations to address resource constraints that might otherwise increase the risk of fraud breaching their KYC defences. A 2023 Thomson Reuters Cost of Compliance Report found that 69% of firms cited a “lack of skilled resources” as a key challenge – alongside high staff turnover and undertraining due to cost-cutting – leading to increased risk exposure and process backlogs.
ID-Pal Once is built for dynamic identity workflows, with use cases that include:
- Step-Up Authentication for high-risk or high-value transactions
- Time-based re-checks for compliance with periodic review cycles and internal AML policies
- Instant re-verification of returning customers to be audit-ready
Robert O’Farrell, Co-Founder and Chief Technical Officer (CTO) of ID-Pal, commented:
“With ID-Pal Once, we’re not just speeding up KYC, we’re removing unnecessary friction. ID-Pal Once is an incredibly powerful solution that meets and exceeds the needs of organisations and customer expectations, underpinned by our existing full suite of world-class biometric, document and database checks. ID-Pal Once ensures that only genuine, verified identities are reused and importantly, doesn’t use humans to access the data. This is about secure identity reuse that respects the time of organisations and customers and respects your data.”
Rob Sheehan, Head of Product at ID-Pal, added:
“ID-Pal Once marks a major leap forward in how organisations can manage identity verification. By enabling secure re-verification linked to biometrics, we’re eliminating redundant steps, reducing operational costs, and dramatically improving the user experience. It’s a win for both our partners and their customers.”
Already successfully in use with ID-Pal customers across gaming, telcos, staffing and financial services, ID-Pal Once is available as a ready-to-use solution for the reverification of trusted customers, by combining the efficiencies of our world-class technologies to one even more streamlined KYC solution.
ID-Pal is exhibiting at the Ireland Pavilion (Stand 1H130), curated by Enterprise Ireland to showcase leading Irish Fintech innovators at Money20/20 2025.
Discover more about the feature:
https://www.id-pal.com/solutions/id-pal-once
