From: RegTech Analyst
Identity verification company IDnow has been named as one of the key players that will help create European standards for identity verification.
The RegTech company has joined the international working group of the European Telecommunications Standards Institute (ETSI) to provide insights into the European market for the creation of these standard.
IDnow was selected by ETSI to participate in a new working group on Electronic Signatures and Infrastructures (ESI). As a member of the Special Task Force 588, IDnow is part of an exclusive group of specialists who started work in April 2020 to fill existing gaps in identity verification standards.
“We are pleased to support the working group and the European Telecommunications Standards Institute with our knowledge,” said Rayissa Armata, head of regulatory affairs at IDnow. “IDnow has been working with customers from different European countries since 2014 and we know the market and its development very well.”
The news comes after IDnow bagged $40m in a growth equity round to pursue growth ambitions in October 2019.
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