21 Jan LiveSwitch Partners with IDnow to Help Power Electronic Identity Verification
Surrey, BC, January 20, 2021 – LiveSwitch announced today it is working with IDnow to power the live video within its VideoIdent solution, which provides electronic identity verification via 24-hour, expert-assisted video chat.
Videoldent, which is used across industries such as banking and insurance, allows people to verify their identities electronically through video calls with qualified identity and fraud specialists. All that is required is a smartphone or other device with a webcam and a valid form of identification.
“The Liveswitch technology is a fundamental framework for our video streaming solution,” said Dmitry Simonov, Tech Lead at IDnow. “It provides a high-quality video stream with low latency and instantly adapts to bandwidth changes, packet loss, or disconnects. We especially value its cross-platform support, allowing us to use a single solution for web, mobile, and backend,” Simonov said.
LiveSwitch enables organizations to add audio and video streaming, chat and more to applications and productions of all kinds.
“IDnow is on the leading edge of electronic identification and we are proud to work with them,” said Jerod Venema, CEO of LiveSwitch. “Slow, offline procedures for identity verification no longer meet the requirements of today’s consumers. As we are seeing across many sectors, live video is bridging the gap between the need for real-time communication and the desire to complete tasks efficiently, privately and without any physical paperwork,” Venema added.
IDnow’s VideoIdent solution is Anti-Money Laundering (AML) compliant and highly secure. LiveSwitch serves the needs of many clients, like IDnow, in highly-regulated industries such as banking, telecommunications and healthcare. Other LiveSwitch clients in regulated industries include BMO Harris, Saxo Bank, Blue Cross Blue Shield and Deutsche Telekom, among others. To learn more about LiveSwitch’s WebRTC solutions, visit www.liveswitch.io.
LiveSwitch is the global leader in low-latency, secure, interactive video broadcasting, and counts UPS, Accenture, Match.com and Bosch among its customers. LiveSwitch brings over a decade of WebRTC and livestreaming experience to countless industry verticals aiming for live video perfection every day. Visit liveswitch.io to learn more.
IDnow is a leading identity verification platform in Europe with a vision to make the connected world a safer place. The IDnow platform provides a broad portfolio of identity verification solutions, ranging from automated to human-assisted from purely online to point-of-sale, each of them optimized for user conversion rates and security.
The company has offices in Germany, United Kingdom and France and is backed by renowned institutional investors, including Corsair Capital and Seventure Partners. Its portfolio of over 900 international clients, spans a wide range of industries, and includes leading international players such as, Western Union, UBS, Commerzbank, Sixt and Munich Re, as well as digital champions like N26, Solarisbank, wefox and Tier mobility.