Following this announcement, iDenfy’s identity verification, AML, and KYC solutions are set to be available to Circle’s Alliance Program members, aiming to provide businesses with an optimised possibility to combat financial fraud.
In addition, companies will be enabled to streamline compliance processes, mitigate fraud risks, and explore new opportunities in the financial landscape. Both iDenfy and Circle will continue to focus on meeting the needs, preferences, and demands of clients and users in an ever-evolving market, while prioritising the process of remaining compliant with the regulatory requirements and laws of the industry as well.
As part of the program, iDenfy will have the possibility to engage with industry veterans, explore emerging trends, as well as connect with organisations in order to drive mutual brand awareness and business development. Furthermore, the collaboration will allow iDenfy to present its services to Circle’s global ecosystem, while offering businesses an optimised way to protect customers against money laundering, fraud, and other types of financial crime.
Circle’s Alliance Program was also developed to provide a secure and efficient platform for members to explore the industry and expand their networks. Through this collaboration, iDenfy will be enabled to provide identity verification and fraud prevention services in order to help firms in the Circle ecosystem keep up with regulatory requirements and emerging threats present in the overall financial landscape. At the same time, the deal aims to address the challenges of financial crime, while also enhancing trust in digital transactions and supporting the worldwide adoption of safe and inclusive financial systems.
For more information about iDenfy, please check out their detailed profile in our dedicated, industry-specific Company Database.
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