ID-Pal offers seamless, easy-to-use identity and address verification to both Mourant clients and team
November 23rd, 2021, Dublin –
Mourant has partnered with ID-Pal to support their AML and KYC requirements. The partnership offers a compliant, simpler on-boarding experience to Mourant clients in the firm’s key jurisdictions.
Mourant is a law firm-led, professional services business with over 60 years’ experience in the financial services sector, with a presence in key international finance centres including the BVI, the Cayman Islands, Guernsey, Jersey, Hong Kong and London.
ID-Pal’s Identity Verification solution uses AI, machine learning and biometrics to automate identity, document and address verification processes across channels and jurisdictions. Compliant-by-design with coverage in key jurisdictions and industry-leading accuracy, the platform enables legal firms to satisfy AML and KYC obligations while offering faster, friction-free KYC verification to individuals, whether in-person or remotely.
ID-Pal’s multi-layered technologies, ISO-27001 certification and ease-of-implementation for the international and globally-integrated Mourant firm were some of the key drivers for the partnership.
Tamara Vanmeggelen, Chief Risk & Compliance Officer at Mourant, said:,
“Using a platform that provides seamless KYC verification for individuals in our major jurisdictions is an important component to efficient and effective client on-boarding. ID-Pal has the technology to support our aims and has helped us to quickly offer compliant, reliable virtual individual verification at a time when we needed it most. We are looking forward to continuing to build on this relationship in the future.”
Alexander Blayney, Head of Strategic Partnerships & Enterprise Sales with ID-Pal, comments, “We are very excited to partner with a respected and dynamic law firm like Mourant. ID-Pal is looking forward to supporting Mourant in servicing its existing, multi-jurisdictional client base and helping to seamlessly acquire new customers in the future.”
Mourant provides award-winning offshore legal advice from offices in the key international finance centres of the BVI, the Cayman Islands, Guernsey, Jersey, Hong Kong and London. Mourant has received numerous industry awards, including most recently Corporate Services Team of the Year award 2021. Clients include many of the world’s leading financial institutions, international corporations, asset managers and institutional investors. For more information, please visit www.mourant.com.
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 best-of-breed technologies and seamless user experience delivers the highest first-time pass rate, with 93.5% of customers being verified in real-time. For more information on this visit www.id-pal.com/.