Insights
Data Republic website
Published
Share

Innovalor wins at FSTech Award 2019 and in UK Home Office bid

A joint submission from Innovalor and iProov has secured top honours in the category of ‘Best Use of IT in Retail Banking & Insurance‘. Their joint service, which is used by ING amongst other banks,  provide self-service mobile on-boarding with superior security, user convenience and straight-through processing .

Innovalor are pioneers in the digital trust world, with ReadID being their marquee product that digitally verifies identity documents via smartphone. The key to their success was collaboration and joint innovation, as Innovalor’s digital verification service was paired with iProov‘s matching software and lifeness checking, to better service the banking industry.

They have also recently announced ReadID has been secured by the UK Home Office to enable EU citizens to verify their identity, conduct liveness checks and biometric analysis via a smartphone app as they apply for UK immigration status. This comes as the EU Settlement Scheme was opened on March 30 to enable the roughly 3.8 million EU citizens and their family members resident in the UK to obtain the UK immigration status required to live and work in the UK after the UK leaves the EU.

Share this Article
Related Insights
Featured
Holland Fintech Digital Transformation Paper 2024
Holland Fintech is proud to present the Digital Transformation Paper 2024. This whitepaper, led by the Holland Fintech working group Digital Transformation in collaboration with Accenture, provides valuable insights into the dynamics and key factors influencing successful collaborations between fintechs and incumbents.
Holland Fintech Pavilion at Money 20/20
Money 20/20 – Join our Pavilion! The Holland Fintech Pavilion offers a unique opportunity to connect with a global audience of fintech professionals. Located at the heart of Money 20/20, the pavilion provides a central hub for networking, collaboration, and exposure.
Amsterdam Fintech Week
Amsterdam FinTech Week is back on 2-4 October 2024! Be a sponsor, co-organizer, or just participate in our community events.