Crypto

iDenfy Partners with Portugal Residency Advisors to Enhance Client Onboarding with Advanced Verification Technology

iDenfy, a well-liked identification verification and compliance options platform, has entered right into a partnership with Portugal Residency Advisors, a consultancy specializing in relocation and funding providers. The collaboration goals to streamline the onboarding course of for world shoppers by integrating superior identification verification, Close to-Discipline Communication (NFC) expertise, and Anti-Cash Laundering (AML) screening to reinforce safety and compliance.

As digital and cross-border transactions proceed to extend, the chance of identification fraud and regulatory violations has grown considerably. International monetary fraud losses have been estimated at $41 billion in 2022, according to Statista. In response to those challenges, iDenfy’s options will enable Portugal Residency Advisors to securely confirm the identification of shoppers throughout the globe, making certain sooner onboarding whereas minimizing compliance dangers.

Portugal Residency Advisors, which gives a variety of providers together with residency help, property acquisition, tax compliance, and relocation consulting in Portugal, is understood for its tailor-made providers and dedication to buyer satisfaction. The agency is now using iDenfy’s sturdy identification verification system to make sure the legitimacy of its worldwide consumer base.

The combination of iDenfy’s options will enable us to onboard shoppers extra effectively whereas making certain full compliance with regulatory requirements,” stated Pedro Branco, Managing Director of Portugal Residency Advisors. “iDenfy’s reliability and ease of use make it the proper companion as we proceed to increase our providers.”

Notably, iDenfy’s identification verification platform can acknowledge over 3,000 forms of paperwork from greater than 200 nations and territories. Its superior biometric and facial recognition expertise ensures that solely respectable faces are authenticated, decreasing the chance of fraud makes an attempt akin to the usage of photographs, 3D masks, or different misleading techniques.

Along with identification verification, iDenfy gives highly effective AML screening and ongoing monitoring software program, which is built-in into the onboarding course of. This device scans shoppers in opposition to worldwide sanctions lists, politically uncovered individuals (PEPs), and regulation enforcement watchlists to establish potential fraudsters. By leveraging information from world authorities akin to Interpol, Europol, and the FBI, iDenfy helps Portugal Residency Advisors keep away from fraudulent or unlawful candidates.

This partnership with Portugal Residency Advisors is a major step ahead in our mission to simplify the onboarding course of for shoppers whereas making certain the very best ranges of safety and compliance,” stated Domantas Ciulde, CEO of iDenfy. “Our superior verification and compliance expertise will assist them construct belief with shoppers globally whereas decreasing the dangers related to fraud and cash laundering.”

Additionally, the collaboration additionally incorporates NFC verification, which is regulated by digital identification and belief providers (eIDAS) to supply enhanced safety. NFC expertise permits the studying of safe chip information in below 40 seconds, providing a sooner and extra user-friendly expertise for candidates. The system is appropriate with each Android and iOS units and ensures spoof-proof verification by cross-checking safety certificates with world authorities.

By leveraging iDenfy’s complete suite of verification instruments, Portugal Residency Advisors will be capable to enhance its due diligence course of, streamline consumer onboarding, and meet each inner and worldwide compliance requirements. Accordingly, this partnership displays the rising want for safe and environment friendly consumer onboarding methods that may deal with the complexities of worldwide compliance and regulatory necessities.

About iDenfy

iDenfy is a number one supplier of identification verification and fraud prevention instruments, specializing in Anti-Cash Laundering (AML), Know Your Buyer (KYC), and Know Your Enterprise (KYB) compliance options. Trusted by corporations worldwide, iDenfy gives revolutionary expertise designed to guard companies and streamline consumer verification. In 2020, iDenfy was named the most effective Fintech Startup, and in 2024, it was featured in G2’s Autumn report as a high identification verification software program supplier.

For extra info, go to www.idenfy.com.

Show More

Related Articles

Leave a Reply