ID Pal
The Complete ID Verification Solution
A beautifully designed simple to use product – customers verified in seconds.
It is clear to everyone that post the financial crisis in 2008, there has been a wave of creative destruction to the banking & financial services industry.
Running in parallel to this was the rise of the sharing and on-demand economy powered by smartphone adoption in hypergrowth. Knowing your customer and correctly verifying them seamlessly through great customer experience is a vital service for businesses.
The ability to accurately verify identity alongside a transaction is key to detecting and preventing fraud, as well as a legal obligation for financial services. KYC (know your customer), a process that is required to begin a money transfer, can be performed in a bricks & mortar location, where they can verify documents and check a driver’s license or passport in person. This requires physical visits when it should be a frictionless process taking seconds online. As banks focus on bringing all of their customers online to level the playing field with the challengers, it’s become a bottleneck.
We love the team’s focus on creating a simple yet highly accurate product. The progress that Colum, James, and Rob have made in the last year has been fantastic and we are looking forward to seeing what happens next.