Irish RegTech ID-Pal enters UK

Dublin-based identity verification platform ID-Pal has formally launched its service in the UK market.

The company supports businesses in over 30 sectors across Ireland, the US, EU and UK. Some of its clients include Grant Thornton and Zurich International, as well as SMEs such as UK Adviser and Trust My Travel.

ID-Pal offers a fully customisable solution for identity and address verification to protect businesses against risks. The GDPR-compliant solution is ISO 27001 certified and can be configured for any jurisdiction or legal requirement in any language in just minutes.

It boasts coverage of more than 6,000 ID documents across 200 countries and jurisdictions.

ID-Pal founder and CEO Colum Lyons said, “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.”

The RegTech company raised €1m in funding back in 2020.

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