iDenfy, a world supplier of regulatory know-how (RegTech) options specializing in Know Your Buyer (KYC), Anti-Cash Laundering (AML), and Know Your Enterprise (KYB) verification, has introduced the opening of a brand new workplace in Delaware. Notably, the transfer marks a major milestone within the firm’s efforts to increase its footprint in North America and meet the rising compliance wants of U.S.-based corporations.
Accordingly, the Delaware workplace goals to strengthen iDenfy’s potential to supply localized providers and options to its increasing buyer base within the U.S., significantly in industries going through stringent regulatory necessities. “This can be a enormous step for our platform,” mentioned Domantas Ciulde, CEO and Co-Founding father of iDenfy. “The brand new workplace permits us to extra successfully meet authorized necessities and construct sturdy, long-term relationships with our companions within the U.S.”
Development within the U.S. Market Drives Growth
Since its founding in 2017 in Kaunas, Lithuania, iDenfy has grown considerably, now using over 50 in-house specialists. With the U.S. growth, the corporate plans to extend its native crew, hiring compliance officers and partnership enablement specialists to higher cater to the precise wants of American purchasers.
Ciulde credit the corporate’s clear communication and employee-centric tradition for its success. In contrast to many rivals, iDenfy avoids outsourcing and has retained lots of its builders since its early phases, enabling the creation of progressive instruments akin to automated threat evaluation, financial institution verification, and KYB options tailor-made for various industries.
Assembly U.S. Compliance Challenges with AI Options
Considerably, iDenfy’s identification verification know-how is designed to deal with U.S.-specific laws, together with obligatory age verification legal guidelines in sure states. For context, these necessities are more and more related for industries akin to digital property, fintech, and social media platforms. iDenfy’s AI-driven system can analyze biometric knowledge to confirm person identities, making certain compliance with regulatory requirements.
Along with age verification, iDenfy presents options for handle checks and proof of revenue verification, that are vital for due diligence in industries akin to fintech and blockchain. In the meantime, Its customizable platform integrates KYC, KYB, and AML instruments in a single dashboard, offering effectivity and ease of use for its companions.
A Give attention to Privateness and Safety
iDenfy’s dedication to knowledge safety is demonstrated by its certification beneath the California Shopper Privateness Act (CCPA). This certification highlights its adherence to U.S. privateness legal guidelines, additional solidifying its repute as a dependable RegTech companion for compliance and fraud prevention.
Delaware as a Hub for Development
The Delaware workplace will function a central hub for collaboration, underscoring iDenfy’s long-term funding within the U.S. market. The corporate’s deal with customizable, AI-powered options positions it to satisfy the evolving wants of industries akin to fintech, e-commerce, and digital property.
