iProov, the world leader in spoof-resistant biometric authentication technology, announced its partnership with RegTech specialists, NorthRow. The move sees iProov expand its growing partner network and extend its services into the property, professional services and FinTech sectors.
NorthRow’s deployment of iProov’s technology will enable a broad range of regulated organisations to comply with strict anti-money laundering regulations while onboarding customers and processing transactions remotely. iProov’s strong customer authentication technology simplifies this process while strengthening protection against sophisticated criminal attacks.
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iProov’s Flashmark facial verification technology has been integrated into NorthRow’s flagship RemoteVerify solution, providing a Genuine Presence Assurance check for a fast, robust and compliant customer onboarding experience.
NorthRow’s growing customer base, which includes building societies, FinTechs, world-leading estate agents and employee onboarding providers, uses the platform to comply with KYC and other regulations to eliminate financial crime, to accelerate onboarding processes, and to reduce costs.
Andrew Bud, Founder and CEO, iProov said: “iProov and NorthRow share the same mission – to make it effortless for individuals and businesses to comply with complex regulations. The pandemic has proved beyond doubt that being able to verify customer identity online is not an optional extra or nice-to-have – it’s essential. The key is to make it simple and secure.”
“By adding Genuine Presence Assurance to its platform, NorthRow further enhances its great user experience and enables regulated businesses to know that each individual is the right person, a real person, and that they are genuinely present right now. As online criminal activity and large-scale spoof attacks threaten organisations such as accountants, estate agents, and solicitors, they will need this more than ever.”
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