iDenfy joins the Innovation in Politics Institute to enable remote identity verification

October 05 19:09 2022
iDenfy’s AI-powered 4-step ID verification will secure new jury applicants faster

iDenfy, the digital identity verification and fraud prevention company, announced a new collaboration with the Innovation in Politics Institute, the internationally active mission-driven company behind the European Capital of Democracy initiative, aiming to spread awareness regarding the importance of democracy. iDenfy’s swift, automated ID verification service will help the organization save time and welcome new jury members faster. 

According to iDenfy, more government agencies and non-profit organizations, such as the European Capital of Democracy (ECoD), choose digital ID verification to unlock the full potential of remote authentication methods. Looking from the Know Your Customer (KYC) provider’s perspective, iDenfy claims that KYC experts must ensurethat the solutions are legally and technically enabled. Not only that,  but the startup also stresses the importance of accessibility and a positive client experience.

“People like an easy verification journey, similar to the services they already frequently use. As an ID verification service provider, we aim to guarantee safety and a high level of trust while maintaining a simple digital verification flow. That’s why we believe that identity verification brings significant benefits to everyone, including individuals, small enterprises, or non-profit organizations.” — explained Domantas Ciulde, the CEO of iDenfy. 

iDenfy’s new partner, the Vienna-based Innovation in Politics Institute with its European Capital of Democracy Initiative, develops projects and programs intending to make democratic politics more successful. As a newly founded non-profit organization, the Institute’s European Capital of Democracy NPO needed an affordable and secure solution, ready to be launched in 46 European countries now and with a minimum personnel capacity to steer the process. The enterprise searched for a remote authentication solution and found iDenfy’s AI-powered identification service.

“As we are recruiting a 10,000 members strong Citizens’ Jury to select a yearly European Capital of Democracy, we were looking for a secure and easy way to verify the identity of candidates willing to join the jury. Our partnership with iDenfy makes this important step of the recruiting process easy, affordable, and fully GDPR compliant.” — commented Stefan Sindelar, the CEO of the ECoD NPO.

iDenfy specializes in full-stack ID verification and fraud prevention solutions, helping businesses detect suspicious patterns faster with the help of artificial intelligence. The company is best known for its remote, four-step identity verification service. iDenfy’s algorithm scans ID documents in real-time, eradicating the chances of identity fraud. To improve accuracy and onboard new jury members faster, iDenfy backs up its process with human supervision, which means that each applicant is reviewed manually.

And now, iDenfy is responsible for onboarding the Institute’s members. iDenfy’s ID verification is the final step of the Innovation of Politics application process to become a member of the European Capital of Democracy’s Citizens’ Jury, a network of 10,000 citizens from within the 46 member states of the Council of Europe. The newly implemented service from iDenfy ensures compliance with the latest regulations, which played an essential role in the Institute’s decision to partner with the KYC experts.

About iDenfy   

iDenfy, a platform of identity verification services and fraud prevention tools, ensures AML and KYC compliance for every company — from large-scale businesses to small organizations. The rapidly growing business was named the best “Fintech Startup” in 2020. The company also received recognition for winning a Baltic Assembly Prize for innovation in 2021. 

For more information and business inquiries, please visit www.idenfy.com

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Company Name: IDenfy
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City: Kaunas
Country: Lithuania
Website: https://www.idenfy.com

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