Dublin-based identity verification provider ID-Pal is looking for British pals with its formal entry into the UK market.
ID-Pal targets businesses of all sizes in more than 30 sectors, across Ireland, the US, EU and the UK. Current clients include enterprises such as Grant Thornton and Zurich International, as well as SMEs such as UK Adviser and Trust My Travel.
The UK’s identity market – in some shape or form – is already quite full of activity and notable names.
This week, UK-based payments provider Checkout.com plans to expand its financial services offering with the acquisition of French digital identity verification startup ubble.
Last month, Norwegian firm Signicat came raiding to England and acquired anti-fraud company Sphonic for an undisclosed sum.
That said, ID-Pal senses plenty of opportunities due to the “accelerated move to online during the pandemic, paired with the recent growth in new legislation including potentially conflicting regimes such as GDPR”.
ID-Pal has developed a customisable solution for identity and address verification to protect businesses against such risks, available off-the-shelf or as an API/SDK.
Colum Lyons, Founder and Chief Executive Officer, explains: “Using AI and machine learning offers greater accuracy in correctly classifying a document and reduces the margin for error and need for manual intervention.”
The company offers coverage of over 6,000 ID documents across 200 countries and jurisdictions.