[stock-market-ticker symbols="FB;BABA;AMZN;AXP;AAPL;DBD;EEFT;GTO.AS;ING.PA;MA;MGI;NPSNY;NCR;PYPL;005930.KS;SQ;HO.PA;V;WDI.DE;WU;WP" width="100%" palette="financial-light"]

IDnow group receives the approval of the Authority for the Digitalization of Romania (ADR) for its IDCheck.io solution

8 septembrie 2022

The company is the first to offer two ADR compliant identity verification solutions in Romania. ARIADNEXT merged with IDnow in June 2021, integrating the IDCheck.io solution into the IDnow group portfolio.


IDnow, a European leader in identity proofing and digital identity, announced today that „it has obtained the approval of the Authority for the Digitalization of Romania (ADR) for its second identity verification solution in a row”, according to the press release. The group’s IDCheck.io KYC (Know Your Customer) solution has been approved as compliant with Article 4 of the ADR Remote Identification Standard that came into force on July 22, 2022. The decision comes just weeks after the ADR conformity for IDnow group’s AutoIdent+QES solution.

Two compliant identity verification solutions for different customer needs
The IDnow group solution AutoIdent+QES, already eIDAS certified by TÜV Austria in Italy, was
approved by the ADR in May 2022. The 100% automated solution IDCheck.io had already
been certified under ETSI TS 119 461, the European Standard for remote identity proofing
services. IDCheck.io has successfully finished the audit for the ADR and given its existing
certification, has been declared compliant with Article 4 of ADR law, thus enabling IDnow group
to position this identification method on the regulated market.

These two ADR approved services, a first for any identity proofing provider in Europe, allow
the company to address different customer needs – both for full customer journeys that include
identification and digital signatures, and identification-only requirements.

„With these two solutions, financial institutions and banks in Romania can fulfill all their KYC requirements by offering their customers a fully secure digital onboarding experience that is AML-compliant.” – the company says.


Broad portfolio via a single platform

The acceleration of advanced digital business models across Romania and Europe has led to
a shift in demand, from single-product identity verification towards more comprehensive
identity proofing and document signing platforms. By offering one of the broadest portfolios in
Europe via a single platform, IDnow group is at the forefront of these market trends and can
offer reliable, secure and convenient KYC processes for its customers.

Oliver Obitayo, Chief Commercial Officer at IDnow, says: “By combining IDnow, ARIADNEXT
and IdentityTM, IDnow group has emerged as one of the strongest identity verification players
in Europe as we offer customers a range of solutions for various use cases and jurisdictions –
all from a single source. As a group, we believe in a strategy that moves far beyond offering a
single identity verification method. The second ADR approval for our products within a few
weeks is proof of this. We are proud to be able to address the entire range of customer needs
in Romania when it comes to a fully digital and secure onboarding.”

_____________


IDnow is a leading identity proofing platform provider in Europe with a vision to make the
connected world a safer place. The IDnow platform provides a broad portfolio of identity
verification solutions, ranging from automated to human-assisted from purely online to pointof-sale, each of them optimized for user conversion rates and security.
In 2021, IDnow acquired the French market leader for identity technology, ARIADNEXT, and
the German identity Trust Management AG, enabling IDnow to offer its customers one of the
broadest identification solutions through a single, integrated platform.
The company has offices in Germany, United Kingdom, France, and Dubai and is backed by
renowned institutional investors, including Corsair Capital and Seventure Partners. Its portfolio
of over 900 international clients, spans a wide range of industries, and includes leading
international players, such as Western Union, UBS, Commerzbank, Sixt and Munich Re, as
well as digital champions like N26, Solarisbank, wefox and Tier mobility.

Adauga comentariu

Noutăți
Cifra/Declaratia zilei

Anders Olofsson – former Head of Payments Finastra

Banking 4.0 – „how was the experience for you”

So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”

Many more interesting quotes in the video below:

Sondaj

In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?