iDenfy News

iDenfy, a global pioneer in RegTech identity verification and fraud prevention solutions, launched an identity verification application for WooCommerce merchants. The new integration gives online store owners a direct way to require identity verification for customers before purchase or in other, higher-risk scenarios, depending on the store’s risk management strategy and unique case. The idea behind the plugin is that it’s easy to use and doesn’t require any complex manual se...

iDenfy, a global RegTech service and fraud prevention solution provider, has announced a new partnership with NuxGame, a B2B iGaming software provider with over 8 years of experience delivering solutions across international iGaming markets. This partnership formalises the integration of iDenfy’s identity verification technology into the NuxGame platform. NuxGame operator partners now benefit from a reliable solution for know-your-customer and anti-money laundering compliance. It is fully...

iDenfy, a global RegTech specialising in identity verification and fraud prevention solutions, shares its newest insights into the synthetic identity fraud crisis, introducing vital adjustments to its Know Your Customer (KYC) and Anti-Money Laundering (AML) platform. Company officials claim that fraud rates have increased at least 15% in various industries, especially in high-risk sectors like iGaming. As a result, the best way to actually combat issues like synthetic ID fraud or gen AI fraud i...

iDenfy, a global identity verification and fraud prevention service provider, has introduced a simplified onboarding solution powered by electronic bank-based identity checks. Businesses that previously relied on physical ID document verification can now give users the option to complete the process through an electronic ID eIDV flow when official documents are not in hand. This update addresses a common issue in Know Your Customer KYC onboarding, where customers abandon the process simply beca...

iDenfy, a global identity verification and fraud prevention service provider, has introduced a simplified onboarding solution powered by electronic bank-based identity checks. Businesses that previously relied on physical ID document verification can now give users the option to complete the process through an electronic ID eIDV flow when official documents are not in hand. This update addresses a common issue in Know Your Customer KYC onboarding, where customers abandon the process simply beca...

iDenfy, a global identity verification and fraud prevention service provider, announced a major update to its most popular solution, ID verification, a non-document verification flow. Businesses that previously used iDenfy’s physical ID document verification can now offer their users the option to complete the process through the electronic ID (eIDV) flow when a physical document is not available. The update directly addresses one of the industry’s most persistent problems of legiti...

iDenfy, an international RegTech provider specialising in identity verification and fraud prevention solutions, announced a new partnership with 5 Star Jets, a premier luxury private aviation brokerage firm for high-net-worth individuals. By integrating iDenfy's identity verification and Anti-Money Laundering (AML) screening solutions, 5 Star Jets plans to step up its client experience, enabling clients to book VIP charter flights remotely and securely, all by using limitless banking or crypto...

iDenfy, an international RegTech provider recognised for its advanced identity verification and fraud prevention solutions, announces a new partnership with Fifteen Soft, a Ukraine-based mobile company that focuses on secure awards establishment on an app. The partnership enables Fifteen Soft to scale and build new applications, like its “Fifteen - Football Predictions” app, which will use iDenfy’s Know Your Customer (KYC) solution to securely verify identity and address detai...

iDenfy, a global RegTech company that specialises in identity verification and fraud prevention services, announced the AI Company Reviewer, its smart Know Your Business (KYB) automation tool that acts as a virtual Data Verification Officer by cross-referencing company documents, government registry reports and fraud signals against custom, easily configurable rules, helpingto approve, deny or flag companies more easily. Know Your Business (KYB) automation tool This built-in feature helps redu...

iDenfy, a global RegTech company specialising in identity verification and fraud prevention solutions, announced the launch of its ROI Calculator tool, a dynamic comparison gadget that’s designed to help businesses understand the financial Know Your Customer (KYC) service cost impact compared to other popular providers in the industry. iDenfy’s calculator provides finance and compliance officers, as well as product leaders, with transparent, data-driven projections of verification c...

iDenfy, a foremost global provider of digital identity verification and compliance solutions, recently announced significant updates to its Know Your Business (KYB) software, also known as the Business Verification platform. These new improvements were built to help compliance teams quickly pre-fill business key entity details from multiple official registries and government global databases, allowing compliance teams access AI assistant’s tips and insights much faster than manually look...

iDenfy, a global RegTech hub that specialises in identity verification and fraud prevention tools, announces its latest integration on Adobe Commerce (formerly known as Magento). iDenfy’s KYC integration will now help online businesses to add an advanced security layer to their Adobe Commerce stores owners. Specifically for enterprise merchants, it helps to provide a more straightforward onboarding way that minimises account fraud, protects users, maintains compliance with evolving regula...

iDenfy, an international RegTech provider specialising in identity verification solutions, announced a new partnership with Axiology, a licensed capital markets infrastructure provider offering issuance, custody, trading, and settlement under one blockchain system. Through this collaboration, both companies will focus on maintaining a secure onboarding experience with the help of iDenfy’s latest biometric verification software, coupled with extra built-in pre-screening features, such as P...

iDenfy, a global identity verification and fraud prevention company, announced the launch of its new fraud-triggered Shopify ID Verification app, designed to help e-commerce merchants to reduce chargebacks and risks linked to high-risk orders. The new Shopify app integrates directly with Shopify’s built-in fraud analysis system and automatically initiates identity verification for suspicious orders that are marked as “high-risk, enabling merchants to prevent fraud without disrupting...

iDenfy, a pioneering global RegTech service provider, best known for its identity verification and fraud prevention solutions, designed to help regulated businesses comply with evolving compliance requirements, is noticing new threats in the music industry.  From iDenfy’s successful launch in 2017, AI and the convenience of online services have opened a door for bad actors to misuse online platforms, including in more niche sectors like streaming and music distribution. Last year, a...

iDenfy, a RegTech provider of identity verification and fraud prevention solutions, announced its latest software solution that connects to the American Association of Motor Vehicle Administrators (AAMVA) data source into its Know Your Customer (KYC) verification platform. Combined with other KYC tools, such as an additional licence check option, companies will now have a new workflow option that instantly verifies any U.S. citizen's driver’s licence faster. This will help ensure a higher...

iDenfy, a major provider of identity verification and fraud prevention technology, announced a new partnership with GoFun, an innovative gaming technology company focused on creating a secure and transparent online entertainment experience for its own platform users. GoFun integrated iDenfy’s Know Your Customer (KYC) and Anti-Money Laundering (AML) solutions to automate the user onboarding and account opening process and protect the platform against fraudsters trying to find loopholes in...

iDenfy, a pioneering identity verification and fraud prevention software provider, announced the launch of its Criminal Background Check feature, allowing businesses to automatically screen different government databases, extract information about an individual, and help find out if they have links to crime. This helps streamline access to official government databases from all U.S. states and improve risk assessment practices, especially for U.S.-based entities and their clients that need to b...

iDenfy, a global pioneering RegTech company specialising in identity verification and fraud prevention, announced the launch of its new Anti-Money Laundering (AML) solution, designed to screen individuals and businesses against various AML databases, such as global sanctions lists. The updated framework defines how iDenfy’s automated AML system prevents, detects, and monitors money laundering risks to provide the best suitable tool to comply with international regulatory standards and rec...

iDenfy, an identity verification, compliance and fraud prevention company from Lithuania, introduced new SMS and Email verification features to its industry-pioneering Know Your Customer (KYC) software. iDenfy is now able to improve both accuracy and simplicity during the initial user onboarding phase to help solve issues like multiple accounts, invalid phone numbers, forged IDs and other relevant security challenges that are commonly encountered during identity verification.  Standa...

iDenfy, a Lithuania-based identity verification, fraud prevention, and compliance company, announced the launch of its Criminal Background Check tool.  The solution will help enhance KYC/KYB and AML compliance by accessing up-to-date international criminal databases from all US states, pulling and extracting data on all individuals who are being screened. The solution will help save time and automatically generate reports with all data found in a single PDF file, enabling faster red flag...

iDenfy, a Lithuania-based identity verification, compliance, and fraud prevention business, recently announced its partnership with Ping Proxies, a rapidly growing UK-based provider of ethical residential proxies and web-data collection tools. By implementing iDenfy’s Know Your Customer (KYC) software, Ping Proxies will aim to efficiently scale the user onboarding process via AI-powered identity verification while ensuring that its proxy infrastructure is protected from fraudulent sign-u...

iDenfy, a Lithuanian-based RegTech company best known for its identity verification and fraud prevention automation solutions, introduced a new addition to its Know Your Business (KYB) platform, the Secretary of State (SOS) business search tool. This new feature helps businesses instantly connect and verify company information across all 50 U.S. states using official Secretary of State records. The new API solution will strive to help high-risk companies, such as fintechs and banks, improve KYB...

iDenfy, a Lithuania-based identity verification and fraud prevention software provider, has announced the integration of BankID, Sweden’s most widely used electronic identification system, into its multi-feature Know Your Customer (KYC) platform. This update enables a secure, government-compliant verification method that accepts electronic identities (eIDs). The new integration is particularly valuable for strictly regulated sectors, such as fintech, banking, and other online financial s...

iDenfy, an identity verification and fraud prevention service provider, partnered with Okazio, a digital wealth management platform specialising in secure cryptocurrency investment opportunities. This partnership showcases iDenfy’s Know Your Customer (KYC) and Anti-Money Laundering (AML) services that will now be used to onboard Okazio’s users and support the latest compliance requirements with the EU’s new Crypto-Assets (MiCA) regulations while helping reduce fraud risks in t...

iDenfy, a full-stack identity verification, compliance, and fraud prevention hub, has partnered with Virtual NGO, a US-based software company that helps licence NGOs and non-profit organisations. This partnership is designed to solve specific industry challenges and address the operational needs of such entities by ensuring complete Know Your Customer (KYC) compliance. With iDenfy’s verification software, Virtual NGO plans to scale faster and onboard more users, accepting global projects...

iDenfy, a global pioneer in identity verification and fraud prevention technologies, announces a new partnership with QwikPay, an innovative Australian fintech startup transforming consumers' and merchants' payment experience. With this collaboration, QwikPay has integrated iDenfy’s identity verification and Anti-Money Laundering (AML) solutions to support secure, real-time user onboarding while maintaining compliance with Australia’s financial regulations. QwikPay operates on the...

iDenfy, a global RegTech pioneer in identity verification and fraud prevention services categories, announced a new partnership with MN2S, a worldwide music distribution and label services provider. The collaboration brings iDenfy’s cutting-edge identity verification technology to MN2S’s operational ecosystem, ensuring that independent artists and labels onboarded to the platform are legitimate and fully verified. As digital platforms grow and the lines between human-made and AI-ge...

iDenfy, the award-winning RegTech company specialising in identity verification and fraud prevention, announced its newest collaboration with SpaceCore, a global hosting provider known for its powerful, high-performance hosting and server infrastructure. With iDenfy’s AI-powered identity verification suite integration, SpaceCore expects to strengthen its platform security, align with global compliance requirements, and ensure its servers maintain trusted, user-friendly tools, not exploite...

iDenfy, a pioneer in identity verification and fraud prevention technologies, announced its latest partnership with Alevon, the first members-only art platform enabling U.S. clients to lease museum-grade artworks valued between $100,000 - $10M. This collaboration introduces a new level of security and efficiency to the high-end and luxury art leasing market using iDenfy’s AI-powered identity verification system, which was integrated directly into Alevon’s onboarding workflow. Inter...