deVere Launches Pioneering Identity Verification App Amid Soaring Fintech Demand

One of the world’s largest independent financial advisory and tech wealth organizations is to launch a first-of–its-kind onboarding verification app amid “soaring global demand” for fintech solutions.

deVere Group’s pioneering Ident Me app provides a secure identity verification system – as an alternative to traditional customer onboarding – and a notary services function when required, which is a first for the international financial services and fintech sector.

Of the launch of this new service, the founder and CEO of deVere Group, Nigel Green, comments: “We’re in an exciting new world. In recent months, the future has happened faster. There have been major shifts in the way we live, work, and manage our finances.

Recommended AI News: Getty Images Selects Digital Asset Management Platform Brandfolder To Power Its Media Manager

“Much of this is being driven by digital technologies, and our financial lives are no exception.

“There’s soaring global demand for fintech [financial technology] and it’s clear it is going to become an increasingly dominant part of our lives moving forward.

“Indeed, fintech is already the ‘new normal’ as we increasingly insist on immediate, on-the-go, 24/7 access to, use and management of our money. We demand personalised, on-demand services and lower costs.”

He continues: “Against this backdrop of growing demand, we decided that we needed to make the set-up process of onboarding to use our fintech apps as quick, easy and secure as possible.

“Ident Me is a hassle-free, simple and safe way for clients to provide identity verification for themselves via a KYC (Know Your Client) form.”

KYC is a financial services standard.

The Ident Me app consists of an easy three-step process.

First, proof of identity. This is done by taking pictures of the front and back of your ID card or passport.

Recommended AI News: Apex And BITE Announce Partnership To Deliver New Solutions To Asian Asset Management Market

Second, the capture of documents. This is undertaken by taking a picture of a document with your address on it, for example, a utility bill or rental agreement.

Third, the liveness test. A live selfie you take will get verified against your ID/Passport photo.

Once this has been approved, clients will soon be able to have access to and enjoy the benefits of deVere’s suite of fintech apps.

deVere is one of the very few financial advisory organisations that has been actively and consistently pushing into fintech and is now widely regarded as one of the leaders in the sector.

Currently, the organisation’s apps include deVere Vault, a global e-money currency app and multi-currency prepaid card; deVere Crypto, a cryptocurrency app to store, transfer and exchange major cryptocurrencies, including Bitcoin; deVere Core, an app that allows clients to monitor their investments in real-time, on-the-go, keeping them informed with news and events that impact investor returns; and deVere Catalyst, a low-cost investment and savings app that offers best-in-class globally diversified funds.

The deVere CEO concludes: “We believe that everyone should have access to and reap the benefits of cutting-edge fintech.

“Ident Me, the first-of–its-kind onboarding verification app, helps further democratise financial technology.

“Fintech is meeting growing demand for on-the-go service, it is speeding up the advance of global financial inclusion which helps social advancement around the world, plus costs are lowered and the client experience is enhanced.”

Recommended AI News: Bruno Michieli On The Advantages Of Implementing Blockchain In Asset Management