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IDnow launches AI-powered ID Verification-as-a-Service platform capable of identifying seven billion-plus potential customers

IDnow, a company nominated in the 2018 FinTech50 listing of the hottest European start-up businesses, has launched the next generation of its Identity Verification-as-a-Service platform that will enable companies to verify the identities of more than seven billion potential customers online easily and securely, and in compliance with regulatory Know Your Customer (KYC) requirements across Europe and beyond.

The IDnow platform – which is already trusted by several hundred companies across Europe, including UBS, Commerzbank and Telefonica – 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.

The IDnow platform meets the high security and fraud detection requirements of strictly regulated environments for financial services and telecommunications sectors in countries like Germany, Switzerland and other European countries and is fully compliant with all relevant regulations and directives such as the AML regulation, eIDAS, the General Data Protection Regulation and PSD2.

In addition, the platform meets the business requirements for speedy and simple workflows that reduce customer on-boarding friction for non-regulated or lightly regulated sectors such as mobility, travel, recruitment and the sharing economy.

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Features of the solution include:

*Fully-automated ID verification process including facial recognition, Optical Character Recognition and hologram and other anti-fraud detection features

*Video-based, agent-assisted ID verification workflow to meet specific regulatory environment requirements as well as to help ‘last mile’ conversion for customers unable to complete the automated process

*Integrated Issuance of Qualified Electronic Signature certificates for E-Sign solution

The IDnow platform can be easily integrated into a company’s service application and customers can complete an identification check quickly and easily from a smart phone. For industries or countries with more stringent security regulations, the platform will continue to offer video chat-based identity verification.

IDnow2“As we do more online, digital identities are becoming the new currency, so knowing your customers has become more important than ever,” explained Rupert Spiegelberg, CEO at IDnow. “Companies need an easy, trusted and compliant way of finding out who their customers really are. We believe our platform can offer just that. In addition, with full automation and compliance, organisations can rely on one platform for international requests, helping to bridge the gap in the market. As an end user, this means no more posting of copies of passport/proof of address, no more having to be present yourself at a physical branch and, for corporate customers, lower costs and higher success in customer acquisition.”

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Ideagen launches enterprise safety management and incident reporting software dubbed Ideagen Coruson

Software firm Ideagen has launched Ideagen Coruson – a “definitive and visionary” re-brand of its enterprise safety management and incident reporting software. Gael Enlighten, a cloud-based software solution used by some of the world’s leading brands including Virgin Trains, Telefonica and Haeco Group, will now be known as Ideagen Coruson.

The re-brand project comes as Ideagen seeks to align its product portfolio following several successful acquisitions in recent years. The Gael Enlighten software was part of the Intellectual Property purchased in the £18 million acquisition of Gael Ltd back in December 2014.

Ideagen CEO David Hornsby said the time had come to ‘retire’ the Gael brand. “We’re delighted to announce the renaming of Gael Enlighten to Ideagen Coruson which will modernise the product brand and bring it into conformity with the rest of our product suite. As an important part of Ideagen’s portfolio of governance, risk and compliance applications, Coruson has matured over the past two years and has many high-profile customers. The application is fully ‘productised’, commercialised and generally available and, given its visionary nature, the time has come to retire the Gael brand name and launch the definitive version of the product brand.”

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Hornsby added: “These are exciting times for Ideagen as an organisation and we’re looking forward to Ideagen Coruson playing an integral role in the company’s future success.”

Ideagen Coruson is currently used by some of the world’s leading brands as well as organisations with extensive global reach including the UK Rail Safety and Standards Board, Haeco, Virgin Trains, Johnson Matthey, Air Transat, Telefonica and A2 Milk.

Ben Dorks, Ideagen’s chief customer officer, explained to Risk UK: “This is an exciting announcement and an ambitiously significant re-brand of one of our most prominent, market-leading products. We’re delighted that the re-branding project has been welcomed by our customers. Ideagen Coruson comes with a fresh new colour palette and appearance, but the popular architecture and roadmap of the software remains entirely the same. This cements its place as the most user-friendly enterprise cloud safety and incident reporting software on the market.”

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