IDVerse GenAI trained Identity Verification Now Available on Temenos Exchange
June 12, 2024

IDVerse, the Identity Verification (IDV) provider, has announced its generative AI trained solution is available on Temenos Exchange, the partner ecosystem of integrated fintech solutions.

IDVerse’s technology enables Temenos clients to reach a wider range of customers by reducing AI technology bias towards newer devices and operating systems whilst ensuring the highest regulatory standards and document coverage.

IDVerse’s IDV technology is scalable, cloud-native, extendable, and continually updated to protect against the latest fraud vectors and newly released identity documents to ensure Temenos clients reap the benefits of market leading research, development & deployment.

Temenos Exchange brings innovation to market faster, and at scale. The ecosystem offers pre-integrated and approved fintech solutions that can be easily deployed on top of Temenos open platform for composable banking, enabling banks to accelerate the creation of new financial services, while reducing the costs of development.

Martin Bailey, director of innovation and ecosystems at Temenos, commented: “Temenos Exchange acts as an accelerator for fintechs and software developers, helping them develop, validate and monetize new banking solutions. The integration with Temenos and joining Temenos Exchange means IDVerse can write once and be readily available to banks globally that run on our platform.”

Libby Robinson, head of partnerships at IDVerse also added: “IDVerse’s availability on Temenos Exchange further extends our commitment to the banking community and enables Temenos customers to easily reap the benefits of GenAI trained Identity Verification to tackle fraud and diverse customer bases. We look forward to leveraging the power of the Temenos platform to help us achieve our business goals.

"Our generative AI capabilities offer Temenos customers the speed, innovation and defences to keep up with customer demands and deepfake fraud trends.”

IDVerse is taking the lead in training deep neural network systems through generative AI, actively combating discrimination based on race, age, and gender – whilst staying ahead of global fraud trends such as synthetic media and deepfakes.