iDenfy’s AI-powered verification software will prevent the misuse of fraudulent documents and ensure a quick onboarding process
Kaunas, Kaunas County, Lithuania - July 27, 2023 —
iDenfy, Lithuania-based full-stack identity verification, and fraud prevention hub, announced partnering with a 42 Heilbronn, Germany-based coding school of technology and innovation, that provides tech skills training through collaborative and project-based learning. iDenfy will help maintain a secure e-learning environment by smoothly onboarding students via an automated ID verification process.
iDenfy claims that today’s customers expect a shift from traditional, manual processes to open and digitized systems. As a result, banks and various digital platforms providing remote services have embraced this change by digitizing and automating their operational processes, such as customer onboarding, which involves implementing the Know Your Customer (KYC) process.
Although traditional identity verification methods still hold value and importance, they may not always be enough in today's context. According to iDenfy, the ever-evolving complexity of schemes like synthetic identity theft has created the demand for more sophisticated identity verification techniques. Merely comparing an individual's identity document to public records is no longer sufficient, as students can easily forge documents, especially now that AI tools are becoming mainstream.
Recognizing the importance of security, 42 Heilbronn, an innovative coding school, shares the same viewpoint as iDenfy. Consequently, they have adopted a strong identity verification process during customer onboarding to combat fraudulent activities and uphold a trustworthy learning environment for their students. iDenfy's solution aligns perfectly with the requirements of 42 Heilbronn, offering an exceptional user experience, comprehensive document coverage, built-in liveness detection technology, and 24/7 human supervision. Based on these factors, the coding school has selected iDenfy as its trusted KYC compliance partner.
The collaboration between iDenfy and 42 Heilbronn will provide students with a frictionless onboarding experience while upholding stringent security standards. By employing iDenfy's robust identity verification technology, 42 Heilbronn will be able to verify student identities quickly and accurately, reducing the risk of fraudulent activities and safeguarding the institution's integrity.
42 Heilbronn offers a 21st-century concept of learning, pledging to train the next generation of world-class coders with excellent team working skills. The school’s curriculum is designed to be self-paced, and students progress based on their own abilities rather than following a traditional classroom structure.
With a vast student base of over 15,000 learners spread across more than 40 campuses in 25+ countries, 42 Heilbronn recognized the necessity for a global identity verification solution. They required a system capable of accommodating students from diverse backgrounds, accepting a wide range of documents, and facilitating a seamless onboarding process to support the school's scalability goals.
In the end, 42 Heilbronn chose to collaborate with iDenfy to enhance its identity verification process. The coding school will utilize iDenfy’s four-step document verification solution to onboard new students as a way to prevent fraud and fraudulent documents from gaining access to its services. To enhance operational efficiency, iDenfy will ensure compliance with local requirements and streamline the onboarding process by reducing the need for manual checks.
By partnering with iDenfy for AI-powered identity verification, the 42 Heilbronn team expects to experience significant enhancements in its student application process as well as overall digital process and service accessibility, especially regarding its growing user base of international students. Compared to local verification solutions, iDenfy has the capability to verify documents from 190+ countries, providing much broader coverage. Additionally, iDenfy’s mobile SDKs are customizable and user-friendly, enabling 42 Heilbronn to create experiences tailored to their students’ local language.
“We look forward to supporting 42 Heilbronn in their mission to provide top-quality coding education. Our identity verification solution will not only streamline their enrollment process but also ensure the utmost security and compliance.” — commented Domantas Ciulde, the CEO of iDenfy.
About Us: iDenfy is a RegTech startup that provides AML, KYC, and KYB compliance solutions to businesses of all sizes. The company has been recognized as a leading identity verification software in G2's Winter 2023 report. iDenfy has also won the "Enabler of the Year'' category at the Lithuanian Fintech 2023 awards. For more information and business inquiries, please visit www.idenfy.com.
Contact Info:
Name: Eva Azaraviciute
Email: Send Email
Organization: iDenfy
Address: Barsausko g. 59
Phone: +37063815442
Website: https://www.idenfy.com/
Release ID: 89103399
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