IDnow Company Report

Company Overview

• Name: IDnow

• Mission: Making the connected world a safer place by offering future-oriented identity verification solutions that do not compromise on speed, security, or usability.

• Founded: IDnow GmbH was officially founded in Germany in 2014.

• Founders: No specific information on the founders is provided.

• Key People:

• Andreas Bodczek, Managing Director, Chief Executive Officer

• Armin Bauer, Managing Director, Chief Technology and Security Officer & Co-Founder

• Jamie Turner, Senior Vice President People

• Bertrand Bouteloup, Chief Commercial Officer

• Johannes Meerloo, Chief Operations Officer

• Melanie Jungbluth, General Counsel

• Jean-Marc Guyot, Chief Technical Officer

• Vikas Seth, Chief Product Officer

• Felix Haas, Executive Chairman & Co-Founder

• Headquarters: Auenstraße 100, 80469 Munich, Germany

• Number of Employees: No information is provided on the total number of employees.

• Revenue: No information is available.

• Known For: IDnow is known for its comprehensive identity verification solutions, catering to fintech, banking, mobility, gaming, crypto, travel, telecommunication, and human resources sectors. The solutions help in navigating financial regulations, mastering compliance, and enhancing customer onboarding experiences.

Products

IDnow offers a wide range of identity verification and digital signature solutions.

Automated Identity Verification

• Description: Provides seamless 24/7 online identity verification experiences for customers.

• Key Features: Ensures business growth and security without compromising data privacy.

Expert-led Video Verification

• Description: Face-to-face video verification with expert assistance.

• Key Features: Combines flexibility, deep anti-fraud expertise, and KYC customization for a balanced approach between security and accessibility.

In-person Verification

• Description: Offers identity verification at public locations or on-site Points of Sale.

• Key Features: Reduces traditional identification processes to minutes, offering instant verification services across thousands of locations in Germany.

Digital Signatures

• Description: Enables digital document signing, reducing reliance on paper-heavy processes.

• Key Features: Supports AES and QES signatures and complies with eIDAS regulations for instant contract finalizations.

Recent Developments

• Recent Developments:

• IDnow Trust Services AB was certified as a Qualified Trust Service Provider in the European Union as of November 5th, 2024.

• Introduction of two new e-signature solutions on July 9th, 2024.

• IDnow expanded its verification capacity significantly with a new solution deployment.

• New Products Launched: No specific new products other than the new e-signature solutions mentioned.

• New Features: The adoption of video verification technology to bridge AI-human interactions effectively.

• New Partnerships: Collaboration with companies such as Docusign and Intrum AG to enhance regulatory compliance and secure digital identity management.

The company continues to focus on innovation and enhancing its identity verification platform to adapt to evolving regulatory requirements across 195 countries.

(Note: This report has been generated based on the data provided and does not include speculative commentary.)