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IDnow, a leading identity verification-as-a-service provider, today announced that it has been selected for the RegTech 100 listing, an exclusive directory of the world’s leading RegTech companies. The RegTech 100 companies were chosen by a group of industry experts as the world’s most innovative technology solution providers that address the challenges of dealing with regulatory issues within financial services.
Chosen from a long list of 824 companies, IDnow is one of the few vendors on the list to offer an identity verification solution which fulfils regulation requirements across 193 countries. The company recently launched the industry’s first combined video and automated verification-as-a-service platform that will enable customers to verify the identities of more than seven billion potential customers online, easily and securely, in compliance with regulatory Know Your Customer (KYC) requirements across Europe and beyond.
Rupert Spiegelberg, CEO of IDnow, said, “We are very proud to be selected in the RegTech 100. We see the news as further proof of IDnow’s growing international recognition as an industry-leading provider of identity verification solutions, which meet regulatory requirements across most countries in the world.”
The RegTech100 listing is organised by RegTech Analyst, which provides clients with comprehensive data, valuable insights and powerful analytical tools in the global FinTech industry. RegTech Analyst selected the finalists based on innovative use of technology in solving a significant industry problem and ability to deliver cost savings or efficiency improvements in compliance.
The IDnow platform, already trusted by several hundred companies across Europe, including UBS, Commerzbank and Telefónica, has been significantly enhanced with biometric, computer vision and security fraud detection technologies that gives it the most extensive ID verification capabilities in the market, able to meet more identity verification use cases than any other platform.
