IDnow, the identity verification company, has launched KYC Insider, a free information service on regulatory changes around know-your-customer and digital identities in Europe.
“The regulatory landscape in Europe is highly dynamic. There is a variety of regulated industries and differences in each country – a complex sector. At IDnow, we work with companies in a wide range of sectors and have gained a wealth of experience over the years. I would now like to share this knowledge and provide interested parties with up-to-date and exclusive information via our new platform KYC Insider,” says Rayissa Armata, head of regulatory affairs at IDnow and the head author of KYC Insider.
Armin Bauer, CTO and co-founder of IDnow, adds, “Cooperation with regulatory authorities such as BaFin in Germany (Federal Financial Supervisory Authority) has been essential since the company was founded. When we had the first idea for a video identification service in 2012, it was not yet approved by the authorities. We have now been working closely with the relevant bodies for many years to make our current product portfolio possible.”
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