Credex Taps iDenfy for ID Verification Technology to Avoid Fraud

The Lithuanian-based remote ID verification and fraud prevention startup, iDenfy, partners with Credex, the automated lending platform for point of sales financing. iDenfy's full-stack identity verification will ensure a swift and safe lending experience for Credex's customers.

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Credex is a licensed automated lending platform providing secure loans using a fully digital stream. According to Credex, choosing long-term partners is not an easy step, especially since their services have a huge impact on the clients'experience; therefore, when searching for a new identity verification provider, the company prioritized safe, user-friendly options and selected iDenfy's automated service.

As per iDenfy, remote ID verification prevents online scammers from carrying out processes on another person's behalf or committing fraud through false, synthetic identities. iDenfy fights cybercriminals and protects businesses by offering full-stack identity verification and fraud prevention measures. 

"Fraud prevention is essential in this digital age, and for businesses that have high transaction volumes, it can be challenging. We're proud to collaborate with iDenfy, a responsible business, helping us overcome such cybersecurity threats and providing our clients with a pleasant identity verification experience." — explained Traian Baicu, the General Director of Credex.

"Identity verification allows businesses to onboard their customers with confidence. Thanks to technology and artificial intelligence, we can detect fraud or money laundering in real-time, avoiding grim consequences. We're delighted to work with Credex, a business that also prioritizes convenience and security." — commented Domantas Ciulde, the CEO of iDenfy.

Source: Finextra