back Back

IDenfy joins forces with Polish FinTech Paymento Financial

By Megha Bhattacharya

July 20, 2021

  • America
  • Idenfy
Share

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.”

Previous Article

July 20, 2021

Hedera Hashgraph and LCX partner to develop infrastructure for digital securities

Read More
Next Article

July 20, 2021

Capital International Bank opens to business on iFinancial technology

Read More








IBSi Daily News Analysis

Generative AI

April 12, 2024

America

Security experts sound the alarm on Deepfake threats in the age of AI

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

PXP Financial taps Mastercard to tackle payment fraud

Read More

Today

GoCardless extends partnership with Sage to reach new markets

Read More

Today

Al Ansari Exchange integrates Aani for seamless instant payments

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023