A Lithuania-based RegTech platform, iDenfy has teamed up with a PPC monitoring and real-time marketing analytics tool Dialics to boost security through more powerful identity verification.
According to the sources provided in the news, the use of the AI-driven identity verification and authentication solution is expected to speed up Dialics' customer onboarding process and ensure that KYC compliance is maintained.
#Lithuania-based #regtech @iDenfy has #partnered with #PPC #tracking and #realtime #marketinganalytics #software Dialics to improve #security with #identityverification.
— The Paypers (@ThePaypers) April 6, 2023
Read more below: https://t.co/VkVhwk2Igt#aml #kyc #digitalidentity #cybersecurity #ai #fintech #fintechnews pic.twitter.com/3U58FKnvMv
How this Partnership Came Together?
As per the latest news, Dialics was seeking a user identity verification platform to manage its KYC procedure that does not affect its customer experience and security. The partnership with iDenfy as its identity verification companion builds on the Regtech's highly convenient and hassle-free integration, sophisticated scam competence, and multilayer method that incorporates Artificial Intelligence along with an internal team of professionals for an extensive analysis of customers' documents to guarantee complete precision.
Dialics, a 2019 startup, has been utilising call-tracking technology to improve the efficacy of digital marketing. The network offers an easy-to-use interface that makes it possible to manage Pay-Per-Call (PPC) marketing strategies more efficiently. It also offers immediate accessibility to statistical information and the capacity to handle overseas incoming calls.
A more effective onboarding procedure was required as the business's client base expanded in order to speed up growth and lighten the stress for its internal KYC experts. The Dialics platform is designed with a user-friendly layout, thus the business wanted to guarantee that the ID verification procedure is brought in a simple and practical way as well.
In just a few minutes, Dialics can enrol new users thanks to iDenfy, which uses AI-driven algorithms to validate the accuracy of uploaded documents and compare them with the client's onboarding picture. By blocking fraudulent actions to complete the verification process, the platform helps reduce the possibility of theft. Additionally, in an effort to preserve excellent accuracy results, iDenfy's KYC professionals manually examine each verification in real time.
Furthermore, it is stated that the CEO of iDenfy, Domantas Ciuldesaid that the business’s objective with this partnership is to offer a customisable ID verification service that aids Dialics in secure and effective customer onboarding.The Latest Updates on iDenfy's Services and Advancements
The RegTech firm, iDenfy offers services for organisations of all sizes to comply with AML, KYC, and KYB regulations. Latest t advancements include a partnership with Fincapital Partners in March 2023 that will facilitate an easier onboarding process and ensure KYC/AML compliance, which was followed by a partnership with Residenture, an electronic auction platform, to help guarantee a safe onboarding user journey for the latter's auction participants.