May 11th, 2022.
Global identity verification provider ID-Pal launches in the UK
– Founded in Ireland, ID-Pal supports SMEs and enterprises across Ireland, the US, EU and UK–
– Rising levels of identity fraud and the increasing complexity of regulation leaves businesses vulnerable to financial crime and the rising cost of compliance
– ID-Pal’s technology-first approach offers global coverage of over 6000 ID documents across 200 countries and jurisdictions
ID-Pal, a leading identity verification provider, has today announced it is formally entering the UK market following six years of exponential growth. The Dublin-based technology company supports businesses of all sizes in more than 30 sectors, across Ireland, the US, EU and UK. Current clients include large enterprises such as Zurich International, as well as SMEs such as UK Adviser and Trust My Travel. It was also the winner of Best Customer Facing Experience at the 2021 Pay360 Awards.
The accelerated move to online during the pandemic, paired with the recent growth in new legislation including potentially conflicting regimes such and GDPR, has made businesses and their customers particularly vulnerable to the reputational and monetary damage caused by financial crime.
Led by Founder and Chief Executive Officer, Colum Lyons, ID-Pal has developed a fully customisable solution for identity and address verification to protect businesses against these risks, available off-the-shelf or as an API/SDK. The GDPR-compliant solution is ISO 27001 certified and can be configured for any jurisdiction or legal requirement in any language in just minutes, more robust compliance that is adaptable to support SMEs as well as large, enterprise scale firms.
ID-Pal offers coverage of over 6000 ID documents across 200 countries and jurisdictions using a multi-layered approach that includes Biometric, Facial Matching, Liveness Testing, Address verification and Document checks
Colum Lyons, Founder and Chief Executive Officer, said:
“The way in which identity verification has been done historically is just not sustainable in our digital-first mobile-ready world. Verifying identity documents manually is inefficient and insecure, and the risk of data flight and simple human error can make businesses vulnerable to fraud. Our unique blend of ID checks, all powered by a completely technology-first process, means multi-layered verification takes place on any ID document in real time. Using AI and machine-learning offers greater accuracy in correctly classifying a document and reduces the margin for error and need for manual intervention.”
“We’re looking forward to officially launching in the UK market and empowering more businesses with simple, secure convenient identity verification for their business and their customers. ”
ID-Pal enables businesses to seamlessly verify a customer’s identity and address in real-time simply, securely and conveniently. The Identity Verification solution leverages industry-leading biometric, document and database checks to deliver robust compliance and fraud protection to businesses while customers enjoy an award-winning, Best Customer Facing experience. Customers can securely submit their identity information anytime, anywhere in less than 10 seconds, while businesses benefit from a unique business portal that streamlines the review and approval process. Available off-the-shelf or as an API/SDK, ID-Pal’s Identity Verification platform is simple to use, easy to integrate and instantly customisable to the specific needs of any business, making it easy for businesses to focus on providing valuable services to their customers.