“Given the importance placed on orchestration technology in the overall area of compliance, and the regulatory requirements that continue to drive the agenda when it comes to identity and fraud, it was vital we partnered with an identity verification provider that could vigorously meet the varying obligations that exist right across Europe,” explains Andy Lee, Founder of Sphonic.
“By partnering with IDnow, we are able to offer an ever-more integrated solution that brings all identity profiles into one place for more intelligent identity scoring. And when combined with its enviable relationships with European regulators, IDnow was the ideal choice as we continue to deliver great customer experiences to the highest standards of regulatory compliance.”
James Hudson-Dale, Partnerships Manager at IDnow, adds: “Anti-impersonation and identity fraud is on a worrying upward trend, making it more important than ever for businesses to ensure they are compliant beyond simply box ticking. Our leading identity verification technology will provide Sphonic customers with the option of imposing additional verification methods to ensure the threshold is high quality and the person is who they say they are.
“As our first channel partner, we’re excited to be working with Sphonic to build a truly unique suite of products, that will bring together multiple data sources to ensure clients can accurately verify identities, combat fraud and meet European-wide regulatory requirements while maintaining flexibility of choice.”
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