iDenfy helps HollaEx's with identity verification

Wednesday 27 April 2022 13:47 CET | News

iDenfy, the Lithuanian identity verification and fraud prevention company, has partnered with HollaEx, an open-source cryptocurrency exchange platform for businesses.

The document authentication and biometric verification solution from iDenfy will provide safety for HollaEx customers. iDenfy was able to offer an automatic KYC and Anti-Money Laundering (AML) system in the form of a plugin. HollaEx, is a blockchain software solution allowing customers to create marketplaces with their own digital assets.

Businesses using HollaEx can create coins, markets, and provide crypto services in minutes. As per the open-source exchange network platform, its goal is to reduce the complexity of blockchain development by providing the necessary tools to start the trading experience easily. 

Its new partner, iDenfy, is a remote fraud prevention and compliance platform, helping businesses to detect suspicious user behaviour in real-time as well as prevent unwanted registrations during the customer onboarding process. Its full-stack, AI-powered identity verification solution is certified by ISO/IEC 27001 standard.

iDenfy’s ID verification helps HollaEx reach and monitor its clients' verification data. The new dashboard allows generating identification sessions manually as well.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: partnership, fraud prevention, cryptocurrency exchange, KYC, AML
Categories: DeFi & Crypto & Web3
Companies: HollaEx, iDenfy
Countries: World
This article is part of category

DeFi & Crypto & Web3




Discover all the Company news on HollaEx and other articles related to HollaEx in The Paypers News, Reports, and insights on the payments and fintech industry:

Industry Events