The RegTech Insight Awards commend exemplary providers of regulatory technology solutions who are innovatively tackling the complexities of compliance within the North American financial services industry. ID-Pal's victory highlights its significant contributions to the RegTech sector and is a testament to the efficacy of their identity verification technology, which ensures compliance without compromising on customer experience.
ID-Pal scooping up the Best KYC Solution Award can be attributed to several key factors: ID-Pal's platform is at the forefront of innovation in the RegTech industry. The company has continuously developed and improved its solutions, providing businesses with cutting-edge tools to streamline identity verification and customer onboarding processes. Regulatory compliance is a critical concern for financial institutions and other businesses and its solutions are designed to help organisations meet their compliance obligations, staying ahead of regulatory changes and adapting to evolving requirements.
Additionally, ID-Pal has earned a reputation for its user-friendly platform, making it easy for both businesses and their customers to navigate the identity verification and onboarding process and its solutions are not limited to the
Commenting on the award, Chief Business Officer
About ID-Pal
ID-Pal is an award-winning provider of global digital identity verification solutions for customer onboarding. Trusted by organisations worldwide, its multi-layered verification platform offers a unique blend of industry-leading biometric, document, and database checks to streamline AML and KYC in one compliant solution. It is available out-of-the-box as an API/SDK and as a Salesforce AppExchange integration.
With global coverage of more than 7000 identity documents and 200 verified address data sources. ID-Pal services SMEs & Enterprises across 30 industries, 200 countries and jurisdictions. ID-Pal is also GDPR-compliant, certified ISO 27001, ISO 9001, iBeta PAD level 1 & 2 Certified and NIST IAL 2 Compliant.
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SOURCE ID-Pal
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