Verifo selects iDenfy to speed customer onboarding
Kaunas, Lithuania (February 25, 2021) – Verifo today announced that it is expanding its digital personal identification protocols by partnering with iDenfy. Verifo offers international money transfer services in 30 major currencies for businesses around the world. CEO Domantas Ciulde of iDenfy said, “We pride ourselves on delivering access to online services that both detects and prevents fraudulent attempts while enabling the business to scale and meet regulations.”
iDenfy, a Lithuanian company, provides identity verification services for online businesses with proprietary AI facial recognition technology coupled with digital interfaces. iDenfy utilizes triplicate facial recognition systems, access to document verification databases in hundreds of countries and 24/7 human supervision.
Mantas Staliunas discussing the iDenfy partnership on behalf of Verifo made this statement, “We operate in a market where reputation and a great track record are of critical importance. A single event of fraud could damage our image in the eyes of clients and regulators. We cannot leave it at the chance. It is important for us to have partners who are experts in the field of identity-checking and will provide us with an additional layer of security.”
By partnering with iDenfy, Verifo can now provide full digital services with faster, automated processes saving time and resources for the company as well as customers and clients. The partnership with iDenfy will also allow Verifo to increase the accessibility of its services. Businesses and people throughout most countries in the world can open an account and verify their identity using a smartphone or a laptop with a camera.
Identity verification is essential to Verifo in providing secure international financial services. Partnership with iDenfy enables them to present more versatile, more secure, and faster services than ever before.
Verifo was founded on the idea of offering affordable, accessible, and safe financial services for international businesses. The founders exploited a niche ignored by traditional financial institutions, who were slow, bureaucratic, unwilling, and incapable of serving new internet-based businesses. Combining a background in finances and tech, Verifo offers an alternative to traditional financial service providers.
Verified customers from all over the world can open dedicated IBAN accounts in their name, store funds, collect and make international money transfers securely, fast, and at reasonable prices. The Verifo integration of the iDenfy systems takes them to the next level of speed and accuracy in identity protection.
iDenfy‘s goal is to turn a customer’s device into an ID scanning and face recognition system that makes it fast and easy to capture and verify their ID and other credentials to meet KYC and AML requirements. Real-time ID scanning and face verification are applied on websites and mobile applications, helping reduce risk and minimize fraud for online transactions. This enables customers to perform daily operations from their home instead of going to service centres, where a company needs many cost-ineffective employees. Also, it avoids the costly and time-consuming process of manual documentation required for submission and verification.
Founded in 2016 at Kaunas University Technology Park by two childhood friends, iDenfy was awarded Startup of the Year in Lithuania in 2018. iDenfy provides real-time identity verification service for financial, sharing-economy, gaming industries.
For more information and business inquiries, please visit www.idenfy.com.
For media inquiries, please contact Viktorija Bielskaite, [email protected].
Saad Mushtaq was born and raised in the busy city of Abbottabad. As a journalist, Saad Mushtaq has contributed to many online publications including the PAK Today and the Huffing Post. In regards to academics, Saad Mushtaq earned a degree in business from the Abbottabad UST, Havelian. Saad Mushtaq follows the money and covers all aspects of emerging tech here at The Hear Up.Thanks
The Benefits of Hiring a Local Landscaping Company: Why Local Knowledge Matters
When it comes to transforming your landscape, hiring a professional landscaping company is a wise decision. However, opting for a local landscaping company offers a range of unique advantages that can make a significant difference in the outcome of your project. From their understanding of the local climate and soil conditions to their knowledge of regional plant species, local landscapers possess invaluable expertise that can elevate your outdoor space to new heights.
In this blog, we will explore the benefits of hiring a local landscaping company and why their local knowledge matters. Keep reading!
4 Major Benefits of Hiring a Local Landscaping Company
Hiring a local landscaping company offers the following benefits:
Benefit #1: Familiarity with Local Climate and Conditions
One of the key advantages of working with a local landscaping company is their familiarity with the local climate and conditions. They understand the seasonal changes, temperature fluctuations, and rainfall patterns that impact your landscape. This knowledge allows them to recommend and implement the most suitable plants, trees, and shrubs that thrive in the specific climate of your region. With their expertise, they can create a sustainable and resilient landscape that remains healthy and vibrant throughout the year.
Benefit #2: Expertise in Native Plant Selection
Local landscaping companies have an intimate understanding of the native plant species that flourish in your area. They know which plants are well-suited to the soil conditions, require less water, and are resistant to common pests and diseases. By incorporating native plants into your landscape design, you not only promote biodiversity but also reduce the need for excessive maintenance and artificial interventions.
Benefit #3: Understanding of Local Regulations and Permits
Navigating through the regulations and permits required for landscaping projects can be a complex and time-consuming task. Local landscaping companies are well-versed in the local zoning laws, building codes, and permit requirements. They can guide you through the process, ensuring that your project complies with all the necessary regulations. By hiring a local landscaper, you can save yourself from potential legal issues and ensure a smooth and hassle-free landscaping experience.
Benefit #4: Strong Local Network
Local landscaping companies have established connections and a strong network within the community. They often collaborate with local nurseries, suppliers, and other professionals in the industry. This network allows them to source high-quality materials at competitive prices, ensuring that you receive the best value for your investment.
Hiring a local landscaping company brings numerous benefits to your landscape project. From their deep understanding of the local climate and conditions to their expertise in native plant selection, familiarity with regulations, and strong local network, local landscapers offer invaluable advantages that contribute to the success of your project. So, when it’s time to transform your outdoor space, consider the benefits of hiring a local landscaping company. Contact us to learn more about how our team of knowledgeable professionals can help you create the landscape of your dreams.
Umar Nisar was born and raised in the busy city of Abbottabad. As a journalist, Umar Nisar has contributed to many online publications including PAK Today and the Huffing Post. In regards to academics, Umar Nisar earned a degree in business from the Abbottabad UST, Havelian. Umar Nisar follows the money and covers all aspects of emerging tech here at The Hear Up.