IDology, Inc., a provider of innovative technology solutions that verify an individual’s identity and/or age and serves as hub for monitoring and stopping fraudulent activity, today announced the expansion of ExpectID Global, IDology’s international identity verification and fraud prevention solution that is proven to drive revenue, prevent fraud, and meet compliance regulations.
ExpectID Global is now available for organizations doing business in Canada and provides them with essential services that help meet Know Your Customer and Anti-Money Laundering requirements.
“Launching our solution in Canada is another step in our overall global strategy to deliver complete identity verification solutions that pinpoint and deter fraud in the international marketplace,” said John Dancu, CEO of IDology, Inc. “With ExpectID Global, organizations with customers in both the UK and Canada can now access our robust solutions that reduce customer friction and allow them to confidently approve more legitimate customers.”
ExpectID Global, now available in the UK and Canada, provides organizations with the ability to take advantage of IDology’s flexible, on-demand identity verification and fraud prevention platform. It is designed to streamline the validation process and ensure legitimate transactions move forward faster and without manual intervention on an international level.
Through an efficient, behind-the-scenes process, ExpectID Global gives businesses the confidence that their customers are who they say they are through a friendly, non-intrusive approach that improves the customer’s experience. ExpectID Global’s dynamic features offer organizations the flexibility and control to make quick and real-time configuration changes in order to address the changing needs of identity verification and fraud.
“As our customers expand into the international marketplace, being able to help them meet their Know Your Customer and Anti-Money Laundering needs, across various international regulations, is one of our primary objectives,” said Dancu. “At IDology, we provide innovative solutions that help them maintain these compliance requirements while also balancing customer acquisition with fraud prevention, automating the manual review process and driving significant revenue.”
About IDology, Inc.
IDology, Inc. (idology.com) provides innovative technology solutions that verify an individual’s identity and/or age for organizations operating in a customer-not-present environment. The IDology platform serves as a collaborative hub for monitoring and stopping fraudulent activity across the entire network while also driving revenue, decreasing costs and meeting compliance regulations. Founded in 2003, IDology offers a solution-driven approach to identity verification and fraud prevention, providing streamlined processes that ultimately help increase customer acquisition and improve the overall customer experience. IDology has developed an on-demand technology platform that allows customers to control the entire proofing process and provides the flexibility to make configuration changes that are deployed automatically without having to rely on internal IT resources or IDology’s customer service so customers can stay ahead of the fraud landscape while also maintaining compliance.
IDology complies with the US-EU Safe Harbor Framework and US-Swiss Safe Harbor Framework as set forth by the US Department of Commerce regarding the collection, use, and retention of personal information from European Union member countries and Switzerland. IDology has certified that it adheres to the Safe Harbor Privacy Principles of notice, choice, onward transfer, security, data integrity, access, and enforcement. To learn more about the Safe Harbor program, and to view IDology’s certification, please visit export.gov/safeharbor/
Filed Under: Press Release Tagged With: Anti-Money Laundering, Canada, Compliance, ExpectID Global, fraud prevention, Identity verification, IDology, international idv, Know Your Customer, KYC, prevent fraud.