Fintech firm Revolut selects Fourthline for identity verification

British fintech institution Revolut has chosen Dutch individuality services supplier Fourthline arsenic its “strategic partner”.

This concern is aimed astatine supporting Revolut's enlargement plans portion ensuring “operational agility” and “scalability”.

Fourthline has already assisted Revolut with lawsuit onboarding crossed the European Union and the UK, with imaginable aboriginal enactment successful different markets.

Leveraging AI, including biometric analysis, progressive liveness detection, and papers verification, Fourthline's exertion is expected to heighten lawsuit verification processes for Revolut.

The concern besides offers relationship absorption and method enactment tailored to Revolut's operational requirements.

Revolut plans to integrate Fourthline's verification exertion via a azygous API, which volition assistance support accordant compliance standards crossed its services.

Revolut retail onboarding caput Alberto Riveroll said: "Our exponential maturation crossed aggregate markets demands a compliance spouse that tin support gait with our expansion, portion maintaining the seamless idiosyncratic acquisition our customers expect.

“After a rigorous enactment process, Fourthline demonstrated awesome technological capabilities and a proven way grounds of moving with accelerated increasing partners, making them the wide prime for Revolut's adjacent signifier of growth.”

Fourthline CEO and co-founder Krik Gunning stated: "Winning Revolut's competitory RFP represents a important milestone successful Fourthline's journey. As fiscal regulations proceed to germinate otherwise crossed planetary markets, our exertion provides forward-thinking institutions similar Revolut with the adaptability and information they request to standard confidently.

“We're excited to enactment Revolut's onboarding processes successful the EU and UK, with the imaginable to grow to caller territories arsenic Revolut continues its planetary maturation trajectory."

This January, Revolut introduced a Robo-Advisor service successful Singapore.

The work is designed to automate the concern process, offering customers a personalised portfolio absorption solution.

"Fintech steadfast Revolut selects Fourthline for individuality verification " was primitively created and published by Retail Banker International, a GlobalData owned brand.

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