• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

Mobile ID World

Mobile ID World

Identification Revolution

  • Mobile ID
    • What Is Mobile ID?
    • Identity Associations
    • Premier Partners
    • FAQ
  • News
  • Solutions
    • Behavioral
    • Facial Recognition
    • Fingerprint Biometrics
    • Iris Biometrics
    • Second Factor
    • Smart Cards
    • Smartphones
    • Vital
    • Voice
    • Wearable Tech
    • Other
  • Applications
    • Access Control
    • Cloud Technology
    • Commerce
    • Enterprise
    • Healthcare
    • Identification
    • Internet of Things
    • Law Enforcement
    • Strong Online Authentication
  • Exclusive
    • Interviews
    • Featured Articles
    • Podcasts
  • Companies
  • Events

Polish Crypto Exchange Embraces Selfie Onboarding

May 18, 2021

iDenfy is continuing to make inroads in the cryptocurrency space thanks to a new partnership with Impily. Impily is headquartered in Poland, and operates an exchange that allows users to buy, sell, and store various digital currencies.

Polish Crypto Exchange Embraces Selfie Onboarding

The company is teaming with iDenfy to strengthen its onboarding procedures. To that end, Impily will be integrating iDenfy’s identity verification technology into its existing platform to make sure that new users are not wanted in any international law enforcement databases, facing sanctions, or otherwise associated with fraudulent activity.

iDenfy’s solution authenticates users with a combination of face and document recognition. People are asked to record a selfie video and capture a photo ID, and iDenfy will make sure that the document is authentic before comparing it to the video to make sure the two faces match. The solution will allow Impily to comply with a range of international financial regulations.

“iDenfy has met all our requirements, providing mandatory video verification, biometric verification, as well as the possibility of online check of pep lists and sanction lists,” said Impily’s Security Division in a statement. “The process itself is extremely easy and clear for our users and does not cause problems or slow down the customer registration process.” 

“Every venture into a new sector will add to the experience of our developers,” added iDenfy CEO Domantas Ciulde. “As we implement each new partnership and gain knowledge, we will be better positioned to maintain the steady rate of innovations that have made us the choice of partners where solid identification verification is essential to their business and clients.”

iDenfy previously provided similar services for the Emirex tokenization and cryptocurrency exchange in Dubai. Before that, the company partnered with the Polish FinTech specialist Authologic to develop a new identity verification API. KogoPAY and PanPay are some of iDenfy’s other recent customers in the financial sector.

–

(Originally posted on FindBiometrics)

Filed Under: Industry News Tagged With: Biometric, biometric onboarding, biometrics, crypto, cryptocurrency platforms, document recognition, face biometrics, facial recognition, iDenfy, regulatory compliance, selfie biometrics, selfie onboarding

Related News & Articles

A Closer Look at a Pioneering FIDO2 Solution

New Dynabook Laptops Support Biometric Security, New Privacy Features

Princeton Identity Adds Three Iris Recognition Patents to its Portfolio

Primary Sidebar

Register For the Next Virtual Identity Summit

Register now!

Tweets

Sponsored Links

facetec logo

FaceTec’s patented, industry-leading 3D Face Authentication software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ make trusted, remote identity verification finally possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for Liveness and 3D Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi’s product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/

Recent Posts

  • Thai Authorities Approve Mobile ID for Airport Boarding
  • New Yoti Solution Ties Biometrics to e-Signatures
  • Kenya’s New President Pushes for Digital ID By Year’s End
  • MDL, Digital ID Gain Momentum in State Efforts
  • Brazil-based Selfie Onboarding Startup Reports 250% Sales Jump, Global Expansion

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2023 MobileIDWorld