Kony DBX, IDology team up for authentication and identity verification services

Thursday 25 April 2019 00:56 CET | News

Kony and IDology have inked an agreement to integrate IDology’s identity verification and authentication services to Kony DBX digital banking solutions.

This partnership is meat to help customers in North America meet regulatory and compliance requirements. The solution will be available as part of Kony DBX’s layered fraud solution offering, and it will include new account opening and loan origination applications. Moreover, it will allow Kony DBX to help its bank and credit union customers to satisfy time-consuming compliance requirements, including KYC and AML regulations, while also reducing loss and preventing fraudulent transactions.

Kony DBX aims to help banks and credit unions deliver frictionless digital experiences to customers across every point of interaction. The company offers pre-built, native and web apps, along with a purpose-built digital banking platform for financial institutions.

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Keywords: Kony DBX, IDology, partnership, authentication, identity verification, digital banking, compliance, regulations, North America, fraud, credit union, KYC, AML, fraudulent transactions, scams, banks, financial institutions
Countries: World