iDenfy’s ID verification solution enables the Able platform to verify patients and doctors in a swift and compliant manner
Kaunas, Lithuania (May 00, 2024) – iDenfy, a Lithuanian-based RegTech company renowned for its ID verification and fraud prevention solutions, partnered with Able, a leading platform in the personalized weight care treatment online industry. This collaboration aims to boost the efficiency and reliability of remote identity verification, ultimately providing a superior onboarding experience for both patients and health specialists on the Able platform.
Able is dedicated to connecting users with doctors who expertly guide them on their health journey. The platform’s mission is to provide a seamless, high-quality, and compliant experience guaranteeing that users receive the best possible care and medication management. Able offers its users customize healthcare plans based on their unique profiles, providing targeted guidance for their well-being and success in reaching their goals, for example, including factors like changing their lifestyle through personalized programs and coaching.
More importantly, Able prioritizes delivering timely, safe, and efficient medication services while adhering to all relevant regulations and standards. For this reason, the holistic healthcare platform needed a reliable Know Your Customer (KYC) service provider. This change emerged due to challenges with scalability, as Able spent more time resources on manual verifications, which proved to be a complex task for its internal team. After evaluating several options, Able chose iDenfy for its AI-powered identity verification solution, which has markedly improved verification times and rates compared to their manual service.
According to Able, iDenfy’s automation has significantly reduced the time required for verifications, allowing the company to process user information more swiftly and accurately as well as decreasing the manual workload on its team, enabling it to focus on other critical tasks and ensure a better user experience, with faster and more reliable verifications.
By utilizing advanced biometric and face recognition algorithms, iDenfy’s verification software ensures high accuracy in verifying user identities. This technology prevents the use of fake images, 3D masks, and other fraudulent attempts to pass the onboarding. It’s worth mentioning that the newly integrated solution has the ability to recognize, verify, and extract information from over 3,000 identity documents across 200 countries and territories, helping Able ensure a comprehensive identity document analysis on a global scale. With a 99.99% success rate and 24/7 oversight by in-house manual expert reviewers, iDenfy guarantees that all automated verifications are accurate and compliant, minimizing system errors and fraud attempts.
In the future, Able will continue to seek technological advancements to improve its user experience, and more importantly, continue to ensure that their patients receive the medications they need in a timely, safe, and efficient manner. The partnership with iDenfy aligns with this priority by enhancing Able verification process and ensuring fully regulated compliance with industry standards.
“Partnering with iDenfy has resolved several key challenges, including the time-consuming previous verification methods, and enabled us to increase the accuracy and reliability of our verifications, ensuring that all identities are accurately confirmed,” commented Roman Taranov, the CEO of Able.
Domantas Ciulde, CEO of iDenfy, added: “We’re excited to partner with such an innovative platform in the consumer prescription medication industry. Our automated ID verification will continue to help onboard more global users who are seeking professional healthcare services without the hassle of going to a physical location.”
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About iDenfy
iDenfy, a platform of identity verification services and fraud prevention tools, ensures AML, KYC, and KYB compliance for every company — from large-scale businesses to small organizations. The rapidly growing business was named the best Fintech Startup in 2020. Recently, iDenfy was featured in G2’s Spring 2024 report as the leading identity verification software.
For more information and business inquiries, please visit www.idenfy.com
Contact:
Aurimas Kybartas
Phone: +37067644539
Email: aurimask@idenfy.com