iDenfy partners with Notaries At Large to ensure a secure document signing process

Kaunas, Lithuania - April 15, 2022 /MarketersMEDIA/ —

The European fraud prevention startup, iDenfy, joins forces with Notaries At Large, a company responsible for the identity of individuals signing legally binding documents for outside parties. iDenfy’s automated identity verification will add an extra layer of security to the electronic Notarial services.  

E-commerce has been growing steadily in the past years, as the global pandemic increased this rapid change. Seeing greater opportunities in the digital world, many are connecting online to conduct their business. Despite that, scammers are hoping to take advantage of this situation. 

According to Beta New’s recent study conducted among financial organizations, government bodies, and IT companies, an external attacker can breach an organization's network then gain access to its resources in 93% of cases. The conclusion is clear - every business needs to take security measures to prevent fraudulent attacks. 

Notaries At Large pays special attention to security. According to the company, since the pandemic, the interest is booming in taking a real estate transaction and remote notarization fully digital. That’s why the e-Notary Directory searched for a new, improved version of security and selected iDenfy as its partner.

As per the enterprise, the goal was to make sure that the person on the screen was the same person on the form of ID. The biometric confirmation and ability to validate the identity was crucial for the business to perform an online notarization, especially after the pandemic made in-person meetings such a risky endeavor. 

iDenfy agrees with its partner's approach and shares the same values regarding the importance of security. According to fraud prevention experts, its full-stack, AI-powered identity verification service helped build a bullet-proof online authentication, securing the partner’s notarization process.

The identity verification company also provides 24/7 human supervision, which means that every approved identity record is reviewed manually to guarantee complete accuracy. According to iDenfy’s partner, the most significant benefit behind the partnership was that iDenfy offered the flexibility to validate various forms of ID of more than 200 countries and the assurance in terms of regulatory compliance. 

“Our goal is to expand our role in the virtual business environment and become leaders of the use of the available technology for identity proofing. We are glad to partner with iDenfy, a great, responsible business partner, helping us to improve the identity verification process.” - said Juanita M. Little-Lyons, the owner of Notaries At Large.

“These days, keeping digital credentials safe from those who seek to steal them is essential. We’re constantly updating our fraud prevention services to fight back fraud more efficiently. Our team is excited to contribute and help our partner, Notaries At Large, achieve their goal with identity verification.” stated Domantas Ciulde, the CEO of iDenfy.

Contact Info:
Name: Viktorija Bielskaite
Email: Send Email
Organization: iDenfy
Website: https://www.idenfy.com/

Release ID: 89073259

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