Irish identity verification start-up ID-Pal launches in UKBlathnaid O’Deaon May 11, 2022 at 11:55 Silicon RepublicSilicon Republic

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Dublin-based identity verification start-up ID-Pal has today (11 May) announced its launch in the UK to help companies there combat fraud at the source.

The Irish SaaS company provides businesses in Ireland, the UK, the US and Europe with remote identity and address verification using biometric, facial matching, liveness testing, address verification and document checks.

“We’re looking forward to officially launching in the UK market and empowering more businesses with simple, secure convenient identity verification for their business and their customers, ” said founder and CEO, Colum Lyons.

In 2020, ID-Pal raised €1m in a funding round led by Act Venture Capital and other private investors to accelerate its global expansion.

The business has benefitted from the business world’s move to online operations over the past few years. ID-Pal’s clients include large enterprises such as Grant Thornton and Zurich International, as well as SMEs such as UK Adviser and Trust My Travel. The award-winning start-up covers more than 6,000 ID documents across 200 countries and jurisdictions. It aims to make customer onboarding easier for its clients.

It is available off-the-shelf or as an API/SDK. Its tech is GDPR compliant and ISO 27001 certified and can be configured for any jurisdiction or legal requirement in any language.

According to Lyons, the start-up has innovated identity verification practices. “The way in which identity verification has been done historically is just not sustainable in our digital-first mobile-ready world.”

“Verifying identity documents manually is inefficient and insecure, and the risk of data flight and simple human error can make businesses vulnerable to fraud. Our unique blend of ID checks, all powered by a completely technology-first process, means multi-layered verification takes place on any ID document in real time. Using AI and machine-learning offers greater accuracy in correctly classifying a document and reduces the margin for error and need for manual intervention.”

ID-Pal’s awards include Best Customer Facing Experience at the Pay360 Awards and IT and Fintech category winner at the Irish Times Innovation Awards 2022.

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