Aite-Novarica Group's global document identification and verification report
This latest report on the document ID&V space explores the growth in technology solutions designed to verify identities and authenticate users.
By The Fourthline Team
Aite-Novarica Group has released a report discussing the increasing need of document identification and verification (ID&V) solutions following the pandemic and the recent influx of digitalization in financial services.
The group reviewed the solutions and competitive position of nine vendors in the space using Aite-Novartica's proprietary vendor assessment framework. The impact report includes information on Fourthline, citing our payment institution license as a competitive edge.
The report states: "Fourthline provides an end-to-end risk assessment, KYC, and AML compliance monitoring service, of which document ID&V forms an integral part. Unlike other vendors in this space, Fourthline has a payment institution license, which means it has implemented the compliance and data governance requirements, giving them a unique understanding of what its customers are going through."