RaiseFX Teams Up With iDenfy To Boost Trading Platform Security
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iDenfy, a regulator technology company in Lithuania, has announced a strategic alliance with RaiseFX, an online CFD broker. The purpose of this partnership is to streamline identification verification processes and reinforce security protocols. This development assures users a user-friendly and safer trading experience.
Raisefx’s Expansion Into Beirut Aims To Strengthen Customer Service And Innovation
The RaiseFX and iDenfy partnership amplifies the increasing trend of collaborations within the fintech industry, where firms are actively responding to the changing demands of their customers. From insurance software to mortgage solutions based on the cloud, fintech firms are teaming up to deliver secure and seamless experiences throughout various domains.
In addition to serving as a physical company, the Beirut offices are positioned to foster innovation and collaboration within the financial industry.
Recognizing the importance of a conducive environment for developing new financial approaches, RaiseFX aims to create a space where experts can participate in problem-solving and create advanced solutions.
This expansion aligns with RaiseFX’s extensive approach to broaden its presence into emerging markets throughout Latin America, the Middle East, Africa, Asia, and the Gulf Cooperation Council. In a report by Finance Magnates, this initiative coincided with the remarkable expansion of RaiseFX’s trading community. According to the report, the expansion comprises more than 50,000 active traders who collectively facilitated over $ 20 billion in trading volumes on the MT5 platform every month.
With this partnership with RaiseFX, Denfy’s state-of-the-art technology will easily be integrated into the broker’s platform. This will grant users immediate access to investment and trading opportunities while maintaining security measures.
iDenfy Seeks To Give Users Access To Investment And Trading Opportunities
As digital transactions increase, the threat of identity theft and fraud grows significantly, causing major challenges for consumers and companies. Due to this, iDenfy has created groundbreaking identification verification technology. This technology harnesses the power of AI to quickly and precisely verify user identities.
iDenfy also provides innovative features such as ‘3D Liveness Detection’. This feature makes sure that the photograph provided by the customer is an actual human being and does not resemble any realistic dolls.
Its ‘OCR Auto-fill’ function scans important information from the customer’s ID swiftly in just a second, thereby making the process of approving documents faster. iDenfy’s AML service is proof of this.
It rapidly checks ID information that the customer provides to the Interpol database and the Government. This process ensures that the client is legit and genuine to continue with financial transactions.
Recently, RaiseFX unveiled its newest venture by opening new offices in Beirut, Lebanon. The firm decision emphasizes its commitment to enhancing customer service by offering localized assistance and personalized financial solutions to customers and entities in Lebanon and surrounding areas.
