iDenfy, a world supplier of regulatory know-how (RegTech) options specializing in Know Your Buyer (KYC), Anti-Cash Laundering (AML), and Know Your Enterprise (KYB) verification, has introduced the opening of a brand new workplace in Delaware. Notably, the transfer marks a big milestone within the firm’s efforts to increase its footprint in North America and meet the rising compliance wants of U.S.-based firms.
Accordingly, the Delaware workplace goals to strengthen iDenfy’s potential to offer localized companies and options to its increasing buyer base within the U.S., notably in industries going through stringent regulatory necessities. “This can be a big step for our platform,” mentioned Domantas Ciulde, CEO and Co-Founding father of iDenfy. “The brand new workplace permits us to extra successfully meet authorized necessities and construct sturdy, long-term relationships with our companions within the U.S.”
Development within the U.S. Market Drives Enlargement
Since its founding in 2017 in Kaunas, Lithuania, iDenfy has grown considerably, now using over 50 in-house specialists. With the U.S. enlargement, the corporate plans to extend its native group, hiring compliance officers and partnership enablement specialists to higher cater to the particular wants of American shoppers.
Ciulde credit the corporate’s clear communication and employee-centric tradition for its success. In contrast to many opponents, iDenfy avoids outsourcing and has retained lots of its builders since its early levels, enabling the creation of progressive instruments akin to automated danger evaluation, financial institution verification, and KYB options tailor-made for numerous industries.
Assembly U.S. Compliance Challenges with AI Options
Considerably, iDenfy’s id verification know-how is designed to deal with U.S.-specific laws, together with obligatory age verification legal guidelines in sure states. For context, these necessities are more and more related for industries akin to digital belongings, fintech, and social media platforms. iDenfy’s AI-driven system can analyze biometric information to confirm consumer identities, guaranteeing compliance with regulatory requirements.
Along with age verification, iDenfy presents options for deal with checks and proof of earnings verification, that are crucial for due diligence in industries akin to fintech and blockchain. In the meantime, Its customizable platform integrates KYC, KYB, and AML instruments in a single dashboard, offering effectivity and ease of use for its companions.
A Deal with Privateness and Safety
iDenfy’s dedication to information safety is demonstrated by its certification beneath the California Shopper Privateness Act (CCPA). This certification highlights its adherence to U.S. privateness legal guidelines, additional solidifying its repute as a dependable RegTech associate for compliance and fraud prevention.
Delaware as a Hub for Development
The Delaware workplace will function a central hub for collaboration, underscoring iDenfy’s long-term funding within the U.S. market. The corporate’s concentrate on customizable, AI-powered options positions it to fulfill the evolving wants of industries akin to fintech, e-commerce, and digital belongings.
