IDMERIT expands its KYC solutions with a new high-security SaaS product

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IDMERIT has been one of the top KYC solutions providers for a decade. As a KYC provider, IDMERIT has always been rising bar in the market with its high-quality and reliable identity verification services. IDMERIT is now upgrading its KYC ecosystem with a new high-security SaaS product, which will focus on fortress-level security for the database. 

As a KYC provider, the company deals with millions of public records, government IDs, and personal information, which requires privacy safeguards. To ensure the safety of public data during the identity verification process, IDMERIT has designed an advanced high-security architecture. The company deals with a large KYC ecosystem, which includes Live KYC, Document KYC, and other verifications that help Fintech, the payment industry, and other age-restricted websites to comply with government regulations.

The KYC ecosystem is updated with a new architecture to meet the cyber standards of 2026. With increasing identity theft and extortion attacks, it’s important to keep the ecosystem up to date and privacy-focused. IDMERIT has updated the architecture of its KYC services to reduce the risk of potential identity theft, extortion, cyber crimes, and other fraud.

New high-security SaaS product: What’s the need?

IDMERIT is already providing businesses with a secure verification system, ensuring the privacy of users. So, what’s the need for high-security SaaS architecture? Recently, KYC firms have been facing a significant number of frauds, fake breach claims, money extortion threats, and other cyber crimes. The major reason behind targeting a KYC company is the large amount of personal information and government documents they deal with.

It is easier for cyber criminals to spread fake breach rumors against top KYC providers and create distrust and fear among users. Hackers use public pressure to extort money from companies. Top KYC providers like IDMERIT are more vulnerable to cyber attacks because of their global coverage and big clients. To avoid any such cyber attacks or potential fraud, IDMERIT is strengthening its KYC ecosystem with a new high-security SaaS product

Everything about a high-security SaaS product

IDMERIT’s KYC ecosystem includes two types of KYC services, Basic KYC and Live KYC. Both KYC services work differently and cater to different purposes. However, both services are useful for fintech, the payment industry, and other industry sectors that comply with regulations. 

In Basic KYC, clients upload the details and documents of the individual that they want to verify on the dashboard. Once the documents are scanned and uploaded, the KYC platform verifies the data with the available information provided by the vendors. If data is found legitimate, a risk score for the individual is generated for the company, with the financial or fraud activities behind the score. If an individual has an unstable financial record, the risk score is high, and if the risk score is low, it means the individual has legitimate documents and can be trusted with the services.

In Live KYC, individuals get on video calls with the agents who verify the government IDs, location, and real-time presence. It is one of the most used and trusted KYC services by the money and card lending companies. Live KYC helps in ensuring the authenticity and legitimacy of the individual. Once the person gets on a video call, the AI facial recognition system helps in verifying the person. The AI system also helps in detecting if any deepfake or fabricated images are being used during the call.

The agent makes sure the individual is present at the given address through location navigation, and government documents are also verified in real-time. This is one of the most trusted KYC processes and helps in minimizing fraud and identity theft to a large extent. IDMERIT has created a high-security architecture that does not store personal information of users in a single database; instead, it transfers the data from vendors to clients during the process, deleting stored profile information within a minute of KYC completion.

As there is no database of public profiles, it is almost impossible for any fraudsters or hackers to access the IDMERIT data. Even during the whole KYC process, data is transferred from a trusted source and is encrypted in an encrypted code, which cannot be accessed without a particular key.

How IDMERIT keeps public data secure

Data is never stagnant in IDMERIT KYC architecture; it is always under process, and once the objective is completed, the data is discarded immediately. IDMERIT has been leading as one of the top KYC providers all around the world, catering to more than 180 countries. Safeguarding the privacy of its users has always been the top priority for the company. IDMERIT maintains global standards and complies with global regulations like HIPAA, GDPR, CCPA, and others.

IDMERIT extracts data from its vendor’s system during the verification process, which is reflected on the client’s system. It works as an intermediator not a warehouse of data, making it almost impossible for hackers to breach the system and steal personal information of users. Additionally, IDMERIT clears its system within seconds of identity verification to remove any chance of data being stagnant.

IDMERIT – future of KYC solutions

As one of the top KYC solutions providers, IDMERIT has always focused on the need to maintain the privacy of every individual. The company maintains standards by advancing security systems and collaborating with trusted and authentic data sources. IDMERIT’s new high-security SaaS product is not only about technicalities, but it also shows the legacy of the company that has been created over the last decade.

When choosing a KYC provider, it is important to be aware of their standards and regulations. While there are several companies claiming to be the best with advanced technology, IDMERIT proves to best through its services and continuous growth and advancements. The company’s new SaaS product will add another layer of high security to the KYC services.