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IDVerifact will be at Collision 2022 Conference this June 20-23!

We are so excited to announce that IDVerifact will be participating at “North America’s biggest startup conference” this June 20-23 as part of the CollisionConf startup program!IDVerifact is an enterprise identity platform that provides you with access to leading digital identity solutions so you can detect fraud, prove identity, and gather rich data attributes in order to assess risk & adhere to all compliance requirements. We can’t wait to connect with financial institutions, startups, investors and speakers such as Utrust, Greylock, Honeywell, Techstars, Blockchain.com, WFHomie, SoftBan…
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stages of loan origination

5 Loan Origination Inefficiencies and How to Solve Them

An inefficient loan origination process can limit your ability to open new channels, markets, and provide new lending products. A hybrid loan origination model, which combines both automated and manual steps, guarantees that the overall process is only as fast as the slowest manual step. It can also create bottlenecks in the overall process that limit scale due to the required human component. The challenge is that most manual process steps are there to validate customer data with trustworthy data sources. Eliminating these manual steps by digital verification with trusted digital data directl…
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Partner Spotlight – BioConnect

Partner Spotlight – bioconnectThe IDVerifact has integrated Bioconnect’s multi-factor authentication (MFA) and digital and physical biometrics solutions to verify identity across physical, IOT and digital applications. IDVerifact’s mission is to provide the most comprehensive platform of digital identity and trusted digital asset solutions to our enterprise clients. BioConnect is leading in the provision of digital and physical biometrics solutions. BioConnect’s functionality allows us to expand the passive and passwordless capabilities for our clients providing IDVerifact with expanded f…
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Partner Spotlight – ENSTREAM

Partner Spotlight – ENSTREAMThe IDVerifact platform brings highly secure solutions to the FinTech market. As the demand for mobile verification rises, we are happy to be partnered with the only company with direct access to mobile telecom information in Canada, covering over 90% of Canadians on all major mobile networks.In this Partner Spotlight series we are highlighting our mobile verification partner EnStream LP.EnStream LP’s frictionless mobile network capabilities are unique in Canada and greatly enhance IDVerifact’s platform service offer…
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Partner Spotlight – FINTAINIUM

Partner Spotlight – FINTAINIUMThe IDVerifact platform brings highly secure solutions to the FinTech market.  As the demand for digital payments increases, it’s critical that these payments are made securely. In this Partner Spotlight series we are highlighting our payments partner FINTAINIUM™.Did you know that combining the strength of the IDVerifact with the FINTAINIUM™ platform, banks and credit unions can be confident that they can provide advanced digital payment solutions to their customers in a secure and stable environment?Learn more about our combined capabilities below https:/…
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October 2021 | IDVerifact Newsletter

Welcome to the IDVerifact newsletter! On a monthly basis, we will provide information and insights on all things digital identity – addressing challenging digital identity verification use cases, avoiding digital fraud and risk, IDVerifact updates, meeting compliance and consent requirements, new partner announcements and much more! I have taken the liberty of signing you up for this newsletter because of our previous connection. If you ever want to unsubscribe, it is very easy to do at any time (see link in the footer below). Book a Demo Stay connected, subsc…
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Webinar: Digital Strategies to Avoid Risk and Fraud in Credit Unions

Digital Strategies to Avoid Risk and Fraud in Credit UnionsAs competition increases in digital banking, credit unions are fighting to attract new customers and meet the ever changing needs of existing members.  Meeting those member needs by offering innovative services and new products takes time, resources and significant investment. In this webinar, learn how you can achieve faster loan and mortgage approvals, protect your clients and your Credit Union from fraud, introduce new financial capabilities your clients want NOW, and boost brand loyalty and client satisfact…
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Prodigy’s IDVerifact partners with BioConnect to verify identity across physical, IOT and digital applications

TORONTO, Aug. 23, 2021 /CNW/ – Prodigy Ventures Inc. (TSXV: PGV) (“Prodigy” or the “Company”) today announced an agreement entered into between its wholly-owned subsidiary, IDVerifact Inc. and BioConnect. As part of the agreement, IDVerifact will integrate BioConnect’s Trust Platform, including multi-factor Authentication (MFA) and endpoint security solutions into its advanced digital identity platform. “IDVerifact’s mission is to provide the most comprehensive platform of digital identity and trusted digital asset solutions to our enterprise clients. BioConnect is lea…
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Prodigy’s IDVerifact and DataStealth join forces to prevent data breaches

TORONTO, Aug. 16, 2021 /CNW/ – Prodigy Ventures Inc. (TSXV: PGV) (“Prodigy” or the “Company”) today announced an agreement between its wholly-owned subsidiary, IDVerifact Inc. and Datex, to integrate Datex’ patented breakthrough cybersecurity solution, DataStealth, to the IDVerifact Inc. platform.”At IDVerifact, our goal is to produce the most comprehensive platform of digital identity and trusted digital asset solutions for our enterprise clients,” says George Colwell, SVP Digital Practices at IDVerifact, “The protection of client data, whether personally identifiable info…
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Prodigy’s IDVerifact partners with Railz to prevent risk in accounting

TORONTO, July 22, 2021 /CNW/ – Prodigy Ventures Inc. (TSXV: PGV) (“Prodigy” or the “Company”) today announced an agreement entered in between its wholly-owned subsidiary, IDVerifact Inc. and Railz, the leading Accounting Data-as-a-Service™ platform that provides a single connection to major accounting service providers.As part of the agreement, IDVerifact will integrate Railz real-time accounting data into the IDVerifact platform through a single API key. “At IDVerifact our goal is to produce the most comprehensive platform of digital identity and trusted digital asset solutions to our enterpr…
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Prodigy’s IDVerifact™ and IDmission join forces to verify digital transactions

TORONTO, July 16, 2021 /CNW/ – Prodigy Ventures Inc. (TSXV: PGV) (“Prodigy” or the “Company”) today announced an agreement entered into between its wholly-owned subsidiary, IDVerifact Inc. and IDmission, an industry leader in real-time payment verification and workflow automation.As part of the agreement, IDVerifact will integrate IDmission’s true passive liveness, deduplication, and enhanced biometric Multi-Factor Authentication (MFA), IDmission solutions will add best-in-class identity proofing to IDVerifact. George Colwell, SVP Digital Practices at IDVerifact said, …
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Prodigy Announces Acquisition of FICANEX Technology to Take the Lead on Open Banking and Digital Identity

TORONTO, July 12, 2021 /CNW/ – Prodigy Ventures Inc. (TSXV: PGV) (“Prodigy” or the “Company”) is pleased to announce that today it has entered into a definitive unit purchase agreement (the “Unit Purchase Agreement”) to acquire all of the outstanding units of FICANEX Technology Limited Partnership (“FICANEX Technology”), a Fintech platform business, for a purchase price of $4,000,000 (the “Transaction”).”We are excited to acquire FICANEX Technology as we continue to lead the way to the future for open banking and digital identity solutions”, said Tom Beckerma…
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Prodigy’s IDVerifact and Fintainium partner to strengthen open banking with digital payment verification solutions

TORONTO, June 28, 2021 /CNW/ – Prodigy Ventures Inc. (TSXV: PGV) (“Prodigy” or the “Company”) today announced an agreement entered in between its wholly-owned subsidiary, IDVerifact Inc. and Fintainium, an industry leader in real-time payment verification and workflow automation.As part of the agreement, IDVerifact will integrate Fintainium’s robust suite of payment and workflow automation solutions. Fintainium also joins Prodigy’s FinConecta Alliance Open Banking Platform, which will include AP and AR workflow automation, real-time payments, and on-platform lending.Fintain…
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Prodigy’s IDVerifact joins forces with EnStream to verify identity using mobile telecom services

TORONTO, June 21, 2021 /CNW/ – Prodigy Ventures Inc. (TSXV: PGV) (“Prodigy” or the “Company”) today announced an agreement entered into between its wholly-owned subsidiary, IDVerifact Inc. and EnStream, the only company with direct access to mobile telecom information in Canada, covering over 90% of Canadians on all major mobile networks.As part of the agreement, IDVerifact will integrate EnStream’s identity verification services into the IDVerifact platform, providing the inputs that enable mobile phone owners to allow verification of their identities, mobile numbers and d…
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SEON and Prodigy’s IDVerifact team up to crack down on digital identity fraud

TORONTO, June 8, 2021 /CNW/ – Prodigy Ventures Inc. (TSXV: PGV) (“Prodigy” or the “Company”) today announced an agreement entered into between its wholly-owned subsidiary, IDVerifact Inc. and Seon, the fraud fighters.Last year it was reported that nearly half of companies experienced a fraud in the past 24 months. Recognising the increasing surge in fraud and digital identity theft, IDVerifact sought to strengthen its capabilities by partnering with SEON to extend its comprehensive suite of solutions. IDVerifact removes the challenges associated with a traditional approach to on…
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Prodigy launches IDVerifact™, its new, advanced digital identity platform

TORONTO, May 31, 2021 /CNW/ – Prodigy Ventures Inc. (TSXV: PGV) (“Prodigy” or the “Company”) today announced the launch of IDVerifact, a platform designed and developed to simplify the complexity of multiple digital identity solutions. (CNW Group/Prodigy Ventures Inc.)Demands for digital identity are on the rise. Online stores, regulated products, lottery and igaming, banks, financial service providers and insurers are all looking to protect their customers, their revenues and their brand reputations. Currently, multiple identity verification platforms must be used to ensur…
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