May 30, 2017 -
As a result of the agreement, Confirm.io’s advanced document authentication technologies for US driver’s licenses and IDs are being offered within IdentityMind’s RegTech platform.
The partnership “strengthens regulatory and compliance automation with fully integrated, real-time mobile identity authentication services in support of Know Your Customer (KYC), Sanctions and PEP screening and Fraud Prevention,” according to a company statement.
Confirm.io improves IdentityMind’s platform coverage of identity document validation, and specifically with Confirm.io’s strong support for US state driver’s licenses and state identification.
“Trusted Digital Identities requires strong validation of the underlying identity attributes,” said Garrett Gafke, CEO of IdentityMind Global. “Confirm.io provides best in class identity document validation for the United States, especially for the very difficult to validate state IDs that are very common with our Millennial generation. The Confirm.io partnership also delivers on the promise of a frictionless user experience that provides the ability to understand and guard against risk while also keeping customers happy.”
Through its mobile SDKs and RESTful APIs, Confirm.io enables secure transactions between businesses and consumers by authenticating government issued ID documents.
The solution leverages remote identity proofing to help customers resolve the ‘Know Your Customer’ issue facing highly regulated industries such as banking, insurance, and healthcare.
“Confirm’s ability to tie credible data to a trusted document at account origination strengthens downstream authentication checks and services. This adds tremendous value to any KYC process requiring remote identity proofing,” said Bob Geiman, Confirm.io’s CEO and co-founder. “The partnership provides IdentityMind Global with fast and accurate identity document data for it’s RegTech platform.”
Previously reported, MorphoTrust USA and Confirm recently expanded on their existing relationship to provide scalable identity solutions to the commercial and consumer marketplace at an accelerated pace.