The ID Co.
The ID Co. 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 Scotland-based, global fintech, The ID Co. has been pioneering the use of bank data and open banking since 2011. The company is an active participant in the UK Open Banking initiative and a founding member of FDATA, Innovate Finance, and Open Banking Excellence.
The ID Co.’s business service, DirectID, solves key business issues 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.
In the media
28th November 2019
10 tech brands that prove Edinburgh is hotbed of innovation
The DirectID business products help achieve this by eliminating friction caused in the process by current challenges of compliance, risk, fraud, and regulation. Stock photo from f11photo/Shutterstock Stay tuned to Silicon Canals for
21st November 2019
The ID Co. Nominated as Award Finalists
The ID Co. was shortlisted for the work carried out in developing its core B2B proposition DirectID Insights which was released in January of this year. The nomination stressed the emphasis
13th November 2019
Financial services in the 2020s: From Open Banking to Open Finance
By James Varga, CEO of DirectID 13 November 2019 Technology continues to progress at breakneck speed. At the same time, regulations