• About
  • Contact
  • Testimonials
  • Newsletter
  • More
    • Demographics & Advertising Rates
    • Terms & Conditions
Sunday, March 26, 2023
No Result
View All Result
California Business Journal
  • Front Page
  • Business
  • Finance
  • People
  • Featured
  • Opinion
  • Technology
  • Law
  • News
  • Food
  • Art & Culture
  • Human Interest
  • Education
  • Insurance
  • Real Estate
  • Health & Fitness
California Business Journal
Today’s Crypto implements iDenfy’s end-to-end identity verification

Today’s Crypto implements iDenfy’s end-to-end identity verification

iDenfy will ensure safe and speedy customer onboarding for the crypto content streaming hub.

by Debra Amato, California Business Journal
A A
Share on FacebookShare on Twitter

Kaunas, Lithuania (February 17, 2023) — iDenfy, the global anti-fraud and identity verification service platform, announced partnering with Today’s Crypto, the innovative cryptocurrency news streaming service. The new KYC solution will help verify content creators while preventing fraud in real-time.

Video streaming content has gained recognition in recent years by enabling businesses to deliver content more conveniently. Since the global pandemic, the sector’s success has continued to grow. Market Research Future’s report estimates that the streaming market will reach at least $247 billion by 2027. iDenfy’s team explained that this rapid scaling puts companies at risk of fraud and data breaches.

Today’s Crypto understands the importance of having a bulletproof fraud prevention system, agreeing that the digital environment calls for more robust security measures. The company positions itself as a secure, user-centric cryptocurrency video streaming platform. Today’s Crypto looked for a new identity verification solution to protect its assets and prevent fraudsters from accessing the crypto streaming platform.

As claimed by the streaming business, its team needed a solution that could help protect data from being accessed by unauthorized parties and, at the same time, prevent video content tampering. Consequently, Today’s Crypto chose iDenfy’s full-stack identity verification service to build a seamless sign-up process for its content creators.

Its new partner, iDenfy, helps Today’s Crypto meet Know Your Customer (KYC) requirements and ensure a frictionless onboarding experience. iDenfy became Today’s Crypto preferred choice due to the startup’s feature-rich identity verification offering. Currently, iDenfy assists the crypto streaming platform in collecting data and verifying content creators. According to Today’s Crypto, the IDV provider’s extensive support and user-friendly interface positively impacted its decision to select iDenfy’s service.

With its end-to-end IDV solution, iDenfy will aim to keep crypto content monetization fraud-free. The verification of all Today’s Crypto content creators will stop fraudulent users from accessing the crypto streaming platform, enabling secure streaming payouts. iDenfy’s team assured that the new partnership will remove any potential security vulnerabilities and ensure that Today’s Crypto is used only by legitimate users.

ADVERTISEMENT

iDenfy tested 5 million facial biometrics and found that its algorithm has a 98.4% success rate. To maintain complete accuracy, iDenfy’s in-house expert team manually reviews each verification in real-time. As an absolute must, the company explains the need for intuitive and easy-to-use ID verification. According to Today’s Crypto, this is a huge factor in successful content creator onboarding.

Due to the partnership, the streaming platform handed the administrative work over to iDenfy. It’s worth mentioning that iDenfy covers over 3,000 ID documents worldwide, now helping Today’s Crypto validate their global content creator base easier. Looking to the future, the blockchain streaming platform will continue to focus on user and content growth, aiming to increase its audience.

“As a streaming platform providing quality crypto content, security is one of the top concerns. Our partnership with iDenfy increased our confidence, helping us verify all content creators faster and easier,” — said Luke Harte, the CEO of Today’s Crypto.

Domantas CIulde, the CEO of iDenfy, added: “Our goal is to share the best identity verification and fraud prevention practices with our partners, helping them scale faster by building a fully automated security program. iDenfy’s team is happy to work with Today’s Crypto and help them ensure a smooth content creator verification experience.”

About iDenfy

iDenfy, a platform of identity verification services and fraud prevention tools, ensures AML, KYC, and KYB compliance for every company — from large-scale businesses to small organizations. The rapidly growing business was named the best Fintech Startup in 2020. Recently, iDenfy was featured in G2’s Winter 2023 report as the leading identity verification software.

For more information and business inquiries, please visit www.idenfy.com.

Related Posts

background-check
How Do Background Check Sites Find Your Information?
virtual identity
The Evolution of Digital Identity
The Key Steps Required for Diligent 'Know Your Customer' Compliance
The Key Steps Required for Diligent 'Know Your Customer' Compliance
Tags: bestblockchainbusinessesCEOcompanycompliancecreatorcryptocryptocurrencydatafocusIdentity VerificationinformationKnow Your CustomerKYCnewssolutionStartupvideo
ADVERTISEMENT
Debra Amato, California Business Journal

Debra Amato, California Business Journal

Related Posts

The Key Steps Required for Diligent 'Know Your Customer' Compliance
The Key Steps Required for Diligent 'Know Your Customer' Compliance
virtual identity
The Evolution of Digital Identity
background-check
How Do Background Check Sites Find Your Information?
advertisement
ADVERTISEMENT
1REALTOUR-SAN DIEGO-WEB DESIGN

Commercial Relationship Manager 3, Wells Fargo Bank, N.A., Los Angeles, California:

Represent the bank in developing and maintaining client relationships within middle market and mid-corporate banking.

Position requires a Bachelor’s degree in Business Administration, Finance, or related field and 3 years of experience. Requires up to 20% travel.

To apply, send resume to recruiter_inbox@wellsfargo.com and reference Requisition # 000329 in the subject line.

Facebook Twitter LinkedIn LinkedIn Instagram Youtube
C B J   LOGO  SVG-01
  • About
  • Contact California Business Journal
  • Testimonials
  • Demographics & Advertising Rates
  • Terms & Conditions

Categories

  • Art & Culture
  • Business
  • California Hotel Listings
  • Daily Updates
  • Editor's Choice
  • Education
  • Featured
  • Finance
  • Food & Dining
  • Health & Fitness
  • Human Interest
  • Insurance
  • Law
  • Lawyers
  • Marketing
  • Medical
  • News
  • Newsletter
  • Opinion
  • People
  • Popular
  • Real Estate
  • Social Media
  • Technology
  • Uncategorized

CBJ Partner Firebrand Media

Laguna Beach Independent Newspaper
 Laguna Beach City Guide
 Newport Beach Independent Newspaper
Newport Beach Country Club Magazine
  Montage Magazine
 Omni Escapes Hotel Magazine
 Bespoke Concierge New York
 Evans Hotels
 Laguna Beach Magazine
 On The Menu Laguna Beach
 Newport Beach Magazine
Coastal Real Estate Guide (NB,LB, CDM)
Monarch Beach Resort Magazine
 Pacific Coast Magazine (SoCal)
Sea Island Life Magazine
Salamander Hotel & Resorts Magazine
 View our entire portfolio

 

Most Viewed

  • Gavel, scales of justice and law books

    Lawsuit Basics: How Much Does It Cost to Sue Someone?

    0 shares
    Share 0 Tweet 0
  • Investigation: Can TriumphFX Take Your Money?

    0 shares
    Share 0 Tweet 0
  • The Impact of Covid: Racing to Buy Second Citizenships

    3 shares
    Share 0 Tweet 0
  • What to Do When an Online Casino Refuses to Pay Out Your Winnings

    0 shares
    Share 0 Tweet 0
  • The Truth About Temu: Where Is It From?

    0 shares
    Share 0 Tweet 0
  • Top 5 Flavors On Elf Bar BC5000 Review

    0 shares
    Share 0 Tweet 0
  • NFL Paychecks: How Do NFL Players Get Paid?

    0 shares
    Share 0 Tweet 0
  • Temu’s New Shipping Policy Is A Smashing Hit For Shoppers All Over the Country

    0 shares
    Share 0 Tweet 0
  • Five Reasons Why The Government Does Not Like Bitcoin

    0 shares
    Share 0 Tweet 0
  • How to Start a Telecommunication Business: A Step-By-Step Guide

    0 shares
    Share 0 Tweet 0

Latest Articles

Can You Trust Temu on Facebook and its Referral Games and Rewards?

Can You Trust Temu on Facebook and its Referral Games and Rewards?

Shoe Packing Isn’t as Easy as You Think on Moving Day

Shoe Packing Isn’t as Easy as You Think on Moving Day

How to Prepare Your Home for a Successful Sale

How to Prepare Your Home for a Successful Sale

Is It Possible to Track Facebook Messenger Secretly?

Is It Possible to Track Facebook Messenger Secretly?

How To Date Over 60 Successfully?

How To Date Over 60 Successfully?

BioLargo’s PFAS Treatment Technology Meets EPA’s Proposed New Drinking Water Standards

BioLargo’s PFAS Treatment Technology Meets EPA’s Proposed New Drinking Water Standards

7 Factors to Consider While Picking the Right Freight Carrier for Your E-Commerce Business

7 Factors to Consider While Picking the Right Freight Carrier for Your E-Commerce Business

The Marketing Effect On Healthcare and Wellness Organizations

The Marketing Effect On Healthcare and Wellness Organizations

5 Reasons Why E-Commerce Businesses Rely So Much on Third-Party Logistics (3PL) Services

Why E-Commerce Businesses Rely So Much on Third-Party Logistics (3PL) Services

Making The Smart Choice: Why You Should Shop Online For Best Selling Products

Making The Smart Choice: Why You Should Shop Online For Best Selling Products

California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
Site Design by 1REALTOUR

No Result
View All Result
  • Front Page
  • Business
  • Finance
  • People
  • Featured
  • Opinion
  • Technology
  • Law
  • News
  • Food
  • Art & Culture
  • Human Interest
  • Education
  • Insurance
  • Real Estate
  • Health & Fitness

California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
Site Design by 1REALTOUR