The certification follows an independent audit by the Kantara Initiative and covers Signicat's solutions for Right to Work, Right to Rent and Disclosure and Barring Service (DBS) checks in the UK.
The investigation, 'There's a Gangster in My Flat', examined how fraudsters are using fake IDs, falsified bank statements and forged references to obtain tenancies.
Fintech firm Armalytix has unveiled a new Identity Service, enabling lawyers, accountants and financial advisers to complete secure, global ID checks within its compliance platform.
By deploying Sikoia’s AI-powered document processing technology as part of its suite of verification services and solutions, Experian can now automate extraction and verification of key customer information directly from submitted documents.
SmartSearch’s platform now has access to LSEG’s data source of more than 40 countries.
Growing scepticism towards electronic ID verification in regulated firms, as reported in SmartSearch's 2023 survey, raises concerns about exposure to financial crimes.