iDenfy: Announced a new partnership with Finora Bank
- iDenfy is a leading all-in-one identity verification and fraud prevention platform, helping businesses automate KYC/KYB/AML compliance
- Announced a new partnership with Finora Bank, the Lithuania-based financial service provider for small
- With IDV and AML solutions, Finora Bank will automate compliance and secure the customer onboarding process
- Over the years, financial institutions struggled with Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance issues
- Agreed with this strategic mindset explaining that even though banks are pressured to increase their security budgets
- According to the bank, it’s vital to protect clients and guarantee complete transparency when providing financial services
