Xcoins and iDenfy announce a partnership to assist Xcoins’ customers undergo a fast but simple id verification course of when onboarding.
KAUNAS, KAUNO RAJ., LIETUVA, September 2, 2020 /EINPresswire.com/ — Xcoins, a number one Malta-based digital foreign money change platform, ties up with iDenfy, a famend Lithuania-based id verification supplier. iDenfy will assist Xcoins enhance its id verification course of and make it extra frictionless for folks all in favour of investing digital foreign money.
In 2016, Xcoins enabled folks to purchase Bitcoin and different digital foreign money on-line utilizing their Visa/MasterCard credit score or debit playing cards. The staff at Xcoins needs to turn out to be a necessary a part of the worldwide transition from fiat currencies to the digital foreign money.
At current, Xcoin is serving greater than 250,000 clients in round 167 nations. At Xcoins, customers must confirm their id earlier than utilizing their providers. They need to make this course of fast, easy, and safe.
The corporate says they’re recognized for offering a clean expertise to their customers, and by making the partnership with iDenfy they need to assist their status. They’ve used varied id verification options earlier than contemplating the iDenfy. Xcoins firmly imagine that the corporate won’t solely automate the verification course of but additionally present its customers with a greater expertise when going by means of the verification course of.
iDenfy, alternatively, can also be more than happy with this partnership. Domantas Ciulde, the CEO of iDenfy, says, “We’re certain our superior id verification answer will ship a safe and optimistic expertise to Xcoins customers and assist the platform fulfill their intention to create a responsive digital foreign money platform.”
iDenfy has been providing its id verification answer to quite a few main manufacturers throughout the globe. With this partnership, they will obtain yet another milestone. The corporate gives an automatic ID doc detection answer that’s able to recognizing and verifying virtually any ID doc from greater than 200 nations.
Since iDenfy combines face recognition, ID verification, and Liveness detection in only one answer, customers’ onboarding on the Xcoins platform can be faster and smoother. iDenfy permits companies to show their machine right into a real-time ID scanning system. With the partnership with iDenfy, Xcoins will validate their clients’ id in little or no time. They may even get assist in KYC (Know Your Buyer) and AML (Anti-Cash Laundering) compliances.
The partnership between two respected companies appears to positively affect the digital foreign money trade—individuals who weren’t investing within the digital foreign money due to elevated dangers of on-line fraud would present belief in digital foreign money change platforms.
iDenfy is an id verification service