Lithuanian identity verification expert iDenfy and Polish fintech company Authologic have announced a partnership on an advanced ID verification solution in API form, with the aim of making it more easily implemented by businesses.
As part of the partnership, iDenfy will provide Authologic with its machine learning and artificial intelligence-based document scanning remote identity verification solution.
The deal also offers iDenfy the chance to appeal to customers in a number of new areas, like the apartment rental and car sharing markets, as an API can tend to be a simpler and more accessible way for many enterprises to introduce remote authentication to their systems.
“With our single API integration, we’re trying to reduce the complexity of a digital ID market,” said Krzysztof Klimczak, CEO of Authologic. “We are connected to different identity verification standards like government-issued digital ID, banking ID verification, and document scanning. Cooperation with iDenfy gives us a document scanning ID-based verification that is of the highest reliability with each scan being reviewed by a human,” he added.
Due to the COVID-19 pandemic and the social and physical distancing measures that have been put into place throughout the world to control its spread, there has been a dramatic growth in remote work and online activity in general. This in turn has led to a rise in remote authentication solutions, with many companies having to scramble to meet the needs of an ever-increasing remote workforce.
“We are pleased to be partnering with Authologic,” said Domantas Ciulde, CEO of iDenfy. “This partnership is blissful for businesses that are looking for an API version of iDenfy’s identity verification solution. With a single integration, businesses can relish multiple online identity verification methods.”