IDVerse partners with GeoComply

According to GeoComply’s officials, the collaboration supports the company’s commitment to providing a simplified, secure, and inclusive gaming experience for its players globally. Since the testing and contracting phase, IDVerse assisted GeoComply in a receptive and agile manner, with the team being able to work effectively and respond to feedback, thus supporting the evolution of their companies’ work. Additionally, IDVerse’s technology focuses on scaling GeoComply’s user onboarding process, as well as minimising the risk of validating fraudulent players. The company’s solution enables instant verification of new players across any location and device, simplifying the process and eliminating manual intervention. The integration aims to improve the player experience and assist in retaining customers by offering a secure re-authentication for critical actions, including cash-out processes and detail changes. Also, the partnership aligns with GeoComply’s allegiance to meet regulatory requirements and standards.

Representatives from IDVerse underlined that, by leveraging its technology, GeoComply can accelerate the identity verification process, while reducing fraud and expanding its footprint across any geolocation with the company’s ID document coverage. One of IDVerse’s objectives is to create a safer and more secure internet, with players being able to onboard through an automated and unbiased solution. Representatives mention that, as part of the collaboration, GeoComply is set to leverage IDVerse’s Zero Bias AI-tested technology that uses generative AI to train deep neural network systems to safeguard against discrimination based on race, age, and gender. The solution focuses on ensuring simplified onboarding for any player, regardless of geolocation, while supporting the growth and diversity of target markets and user bases.

With its fully automated solution, IDVerse verifies new players in over 220 countries and territories with any ID document, working towards allowing companies to scale their business globally. Currently, the company’s solutions are leveraged by startups, governments, and global enterprises, including HSBC, Vodafone, BMW, Virgin Money, and ANZ, for inclusive identity verification.

In addition to its collaboration with GeoComply, IDVerse recently partnered with several other companies to advance its development strategy. At the beginning of October 2023, Birake Exchange, a cryptocurrency exchange company, teamed up with IDVerse for KYC onboarding and sage digital identity verification. The strategic collaboration was set to enable Birake Exchange to ensure the ethical and secure use of its exchange by validating the identity of its customers and clients.