IDenfy joins forces with Polish FinTech Paymento Financial

By Megha Bhattacharya

Lithuania-based identity verification company, iDenfy, announced a new partnership with Polish FinTech brand Paymento Financial SA. This partnership will see Paymento Financial incorporate iDenfy’s security features, helping them to reduce fraudulent activity.

IDenfy is a Lithuanian identity verification company, that provides fraud prevention software. It utilizes AI and biometrics to ensure businesses can quickly and securely confirm the identity of their customers. The iDenfy software ensures real-time ID and facial verification, speeding up security procedures and helping to improve the overall customer experience.

Speaking on the announcement of the new partnership, iDenfy CEO Domantas Ciulde added, “We are really pleased to be partnering with Paymento Financial SA. Their wide range of FinTech solutions are designed for the modern world of e-commerce, which makes identity verification a crucial aspect in keeping fraudulent activity to a minimum. Our software will help them to undertake these check-in real-time, improving both security and overall customer experience.”

By partnering with iDenfy, Paymento Financial SA will now be able to provide its users with a smooth and automated verification process. This will significantly speed up payment and verification through state-of-the-art artificial intelligence and facial recognition.

Andrzej Poniński, CEO at Paymento Financial SA added, “Since our launch, we strive to provide banks and financial institutions with a product to help them enter the payment business. This requires a smooth and automated verification process, which the iDenfy software provides. Thanks to this innovative software, we will be able to enhance our customer experience and streamline the process of onboarding the customer.”