March 31st, 2022.
Ireland—ID-Pal wins the IT & Fintech category at the Irish Times Business Innovation Awards 2021
– After making a shortlist of fifteen nominees, ID-Pal made history by winning in its category of IT & Fintech
– The company was recognised for its identity verification product, confirming ID-Pal’s leading position as an innovator in the Irish fintech sector
ID-Pal, the identity verification provider, is proud to announce its success at the Irish Times Business Innovation Awards 2021, where it received the top prize in the IT & Fintech category for the first time.
ID-Pal won the award for its identity verification solution, a fully customisable, end-end product that enables businesses to check the identities of customers in real time. Using advanced mobile technologies, the product slashes the costs, timelines, and risks of regulatory compliance by delivering a product that can be configured with minutes and fully integrated into a business in a day.
Fending off strong competition from several other nominees, the win means ID-Pal has further cemented its position as a leading vendor of innovative solutions in the Irish fintech market. The company serves a variety of industries and is drawing up plans for growth. It currently employs 30 people and will make an additional 20 hires later this year.
Colum Lyons, Founder and Chief Executive, said:
“When we started out, our plan was to lead the Irish fintech market by equipping companies to safely verify their customer’s identities, securing both their business and their customer’s lives online. With ID-Pal, we filled a need for a customisable product that could be easily tailored to a business’s unique needs. This recognition from The Irish Times Business Innovation Awards is a welcome sign that we’re on the right track, and we are thrilled to accept it.”
ID-Pal is an award-winning ISO27001 certified SaaS solution that enables businesses to verify the identity of customers and meet their AML/KYC compliance requirements remotely. The plug and play platform does not require integration and can be up and running same day. Customisable to the specific needs of any business, the solution eliminates the complexity, cost, timelines, and risk associated with regulatory compliance. ID-Pal’s blend of technologies and seamless user experience delivers the highest first-time pass rate.
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