Lithuanian online identity verification platform will protect Swedish fintech that aims to be the financial companion for ecommerce

Kaunas-based online identity verification platform iDenfy will be helping Swedish startup Juni to prevent from fraud on its way to offer financial management solutions to ecommerce entrepreneurs. By offering fraud prevention solutions integrated into business verification services to detect fraudulent companies with its Know Your Business , iDenfy will now enable Juni to provide a more secure service to its customers. Juni’s all-in-one platform allows ecommerce entrepreneurs to entegrate their payment gateways and track all their transactions. iDenfy launches a new Business Verification platform and partners with the Swedish Fintech Juni

The fraud prevention company will provide Know Your Business services to Juni

The Lithuanian identity verification and compliance company iDenfy, joined forces with Juni, the financial management platform made for ecommerce . iDenfy’s mix of built-in identity verification and Business Verification services will protect Juni from fraud.

Reduced costs, personalization, greater convenience, or speed are all factors that make ecommerce and fintech players successful in today’s digital sphere. While the benefits paint a positive picture, there’s also a riskier part to online business. According to iDenfy, cybercrime takes a toll on the fintech and ecommerce markets, making fraudsters and their crimes an issue that’s hard to tackle.

Juni follows a similar approach, and as an industry innovator, the fintech player constantly looks for new ways to bridge the gap between security and speed. For this reason, Juni decided to upgrade its fraud prevention package and implement iDenfy’s latest product, the Business Verification platform.

The goal at Juni is to provide its clients with the best-in-class financial ecosystem while at the same time, ensuring complete transparency and safety. Businesses that use Juni’s services can track their entire business profile in one place. Juni claims to have created one dashboard where companies get a centralized overview of bank accounts, ad networks, […]

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