News

Appdb leverages iDenfy's solutions

Monday 22 April 2024 11:11 CET | News

Estonia-based independent app distribution platform for iOS devices Appdb has partnered with Lithuania-based regtech company iDenfy.

 

Appdb serves as an alternative to Apple's App Store and allows users to explore a wide range of applications beyond Apple's ecosystem. The partnership aims to streamline the onboarding process for new Appdb developers through the implementation of a fully automated ID verification system provided by iDenfy. Appdb operates independently from Apple's marketplace, offering additional applications such as emulators and modifications for popular apps. The platform adheres to the standards of privacy, security, and safety, supported by the European Union Digital Market Act. 

According to the official press release, in the sector of SaaS providers, compliance with data privacy laws, notably the GDPR in the EU, is crucial to avoid fines and reputational damage. In this context, Appdb prioritises user privacy, security, and safety. 

From a cybersecurity standpoint, the risks associated with downloaded applications include data breaches and malware infections. Appdb aims to establish trust between users and developers to enhance the overall user experience.

 

Estonia-based independent app distribution platform for iOS devices Appdb has partnered with Lithuania-based RegTech company iDenfy.

 

Working with iDenfy 

In choosing iDenfy as their identity verification and compliance partner, Appdb sought to streamline Know Your Customer (KYC) procedures and improve fraud prevention measures. iDenfy's algorithms are capable of detecting fraudulent documents and dealing with attempts at bypassing liveness checks. 

iDenfy's pricing model, which charges only for successful verifications, appealed to Appdb. Moreover, iDenfy's identity verification solution is supported by ISO security certifications and Lloyd's Cyber Insurance. In the official press release, representatives from Appdb, expressed enthusiasm about the partnership, highlighting the effectiveness of iDenfy's solutions. In turn, officials from iDenfy emphasised their commitment to providing reliable verification solutions.

For more information about iDenfy, please check out their detailed profile in our dedicated, industry-specific Company Database.


Source: Link


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, identity verification, digital onboarding, compliance
Categories: Fraud & Financial Crime
Companies: Appdb, iDenfy
Countries: Estonia
This article is part of category

Fraud & Financial Crime

Appdb

|

iDenfy

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