iDenfy’s AI facial recognition systems enable companies to comply with various anti-money laundering regulations and satisfy due diligence obligations such as KYC, which is required by regulatory boards and law enforcement agencies. The decision by 4finance was a technology data-driven one, as over 70% of its client base is now applying for loans on their mobile devices, according to the press release.
iDenfy provides online identity verification services for financial, sharing-economy, and gaming industries. The company uses triplicate facial recognition systems along with access to document verification databases in hundreds of countries, backed by 24/7 human supervision.
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