The ID Co. (www.theidco.com) helps businesses like lenders to onboard their customers by removing friction caused during the application process by the current challenges of risk, compliance, fraud, and regulation.
A global Scotland-based FinTech, The ID Co. has been pioneering the use of bank data and Open Banking since 2011 and is an active participant in the UK Open Banking initiative and a founding member of FDATA, Innovate Finance, and Open Banking Excellence. The company is authorised and regulated in the UK as an Account Information Service Provider by the FCA
Our business service, DirectID, solves key business pains such as assessing customers' affordability and verifying their account information, thereby offsetting credit risk. DirectID powers leading lenders such as Prosper, Marlette, Amigo, and more. Visit https://directid.theidco.com/ for more information.
DirectID's end-to-end bank data solutions give you everything you need to access, understand, and start using bank data - all supported by our incredible customer success team, dedicated to your success.
Recently we underwent a massive project to upgrade the back end of DirectID Connect. We've taken a step back and looked at the underlying technology powering our Connect solution, using our expertise to create a faster, stronger and safer solution.
Access the Frictionless Finance Report, our monthly look at everything new in the world of Open Banking, FinTech, and consumer experience. This week in Open Banking we cover the PSD2 deadline and progression in Australia and Canada.
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Within the remit of this article, we will outline the challenges laid out before the tech companies,...
The ID Co. celebrate the arrival of The Second Payment Services Directive (PSD2) in Edinburgh on the...
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