FB pixel

Regula IDV Platform offers full coverage across identity management workflow

Biometrics, multilingual document checks, compliance collected in one platform
Categories Biometrics News
Regula IDV Platform offers full coverage across identity management workflow
 

Regula has launched the Regula IDV Platform, a ready-to-use orchestration system that unifies identity verification and management workflows.

Complexity is a core problem for identity management, as legacy systems – and frustrated attempts to replace them – create fragmentation over time. With separate vendors for every link in the chain, both costs and security risks increase.

A press release says Regula IDV Platform promises a “one-stop-shop solution” that makes for a single, smooth onboarding workflow powered by “proprietary solutions for the entire identity journey.” It includes comprehensive document and biometric checks, AML (Anti-Money Laundering) and PEP (Politically Exposed Persons) screening, databases and more, to support complete end-to-end use cases.

It maintains a single, auditable source of truth with centralized user profiles, secure storage and advanced analytics, and comes with compliance built-in for a wide swath of regulations covering KYC, AML, GDPR and more. User data management and analytics tools help businesses store, process, and analyze identity data to optimize decision-making, leading to lower operational  costs.

“For years, businesses have struggled with fragmented identity systems that are costly, slow, and hard to adapt,” says Ihar Kliashchou, Chief Technology Officer at Regula. “Regula IDV Platform gives enterprises the agility they need to scale, the flexibility to integrate with any system, and the orchestration capabilities to connect multiple processes into one seamless flow with the reliability of the most comprehensive identity checks – all while reducing complexity and cost.”

The platform is fully vendor-agnostic to integrate with any tech stack or third-party system, and built to scale according to an organization’s growth pace across the identity lifecycle. It allows for both on-premise and cloud deployment, and its multilingual, multi-document, and multi-device support gives it broad geographical coverage.

Regula IDV Platform also supports the creation and reuse of digital credentials issued by banks, telecom providers and government services. “Once a user’s identity is confirmed during the KYC process, these credentials can be securely reused to authorize access to other services, with biometric verification ensuring authenticity at every step.” As such, it can support age assurance to instantly confirm age, protect minors and comply with local regulations.

Related Posts

Article Topics

 |   |   |   |   |   |   | 

Latest Biometrics News

 

American Airlines deploys 20 Dormakaba biometric boarding gates at Dallas Fort Worth

American Airlines has announced the official launch of its Dormakaba eGates at the Dallas Fort Worth International Airport (DFW) in…

 

Digital health systems keep failing. The fix isn’t more tech, it’s designing with and for people

By Lara Tabac and Carlie Congdon of Vital Strategies Governments around the world are pouring resources into digital health and…

 

Deepfakes are a threat to age assurance, and injection attack detection is the answer

Everyone knows deepfakes are a massive problem for financial services. The 2024 case of the deepfake video call that cost…

 

U.S. House lawmakers move to codify DHS biometric screening abroad

U.S. Reps. Michael McCaul and Henry Cuellar, both from Texas, reintroduced the BITMAP Authorization Act, a bipartisan bill that would…

 

Gabon institutes social media age verification for under-16s

Gabon has gazetted a new regulation that requires anyone accessing social media platforms and digital media content in the country…

 

Cryptographic proof, biometric authentication solve KYC, white paper argues

Biometric authentication and verifiable digital credentials can provide the cryptographic foundation for fraud prevention and regulatory compliance financial institutions need,…

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Biometric Market Analysis and Buyer's Guides

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events