iDenfy, a worldwide 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 broaden 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 capability to supply localized providers and options to its increasing buyer base within the U.S., notably in industries going through stringent regulatory necessities. “It is a large 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. enlargement, the corporate plans to extend its native group, hiring compliance officers and partnership enablement specialists to higher cater to the particular 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 a lot of its builders since its early levels, enabling the creation of modern instruments similar 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 handle 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 similar to digital belongings, fintech, and social media platforms. iDenfy’s AI-driven system can analyze biometric knowledge to confirm person identities, guaranteeing compliance with regulatory requirements.
Along with age verification, iDenfy affords options for handle checks and proof of revenue verification, that are essential for due diligence in industries similar 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 Deal with Privateness and Safety
iDenfy’s dedication to knowledge safety is demonstrated by its certification below the California Client Privateness Act (CCPA). This certification highlights its adherence to U.S. privateness legal guidelines, additional solidifying its status as a dependable RegTech accomplice 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 give attention to customizable, AI-powered options positions it to fulfill the evolving wants of industries similar to fintech, e-commerce, and digital belongings.
