Case Studies

Sphonic.com chooses Capita Identity Solutions to provide electronic identity verification services

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sphonic-logoSphonic.com, the UK-based technology vendor, today announced that it has added Identity Solutions, the leading provider of electronic identity authentication solutions, to the Sphonic.com big data vendor network.

The addition of Identity Solutions’ verification services enables digital Know Your Customer (‘KYC’) checks through Sphonic.com’s innovative Workflow Manager solution for clients’ digital risk management platforms. Identity Solutions is the latest partner in Sphonic.com’s unique vendor network that integrates the leading global big data technologies for e-commerce and commerce organisations.

Sphonic.com founder Andy Lee has spent over 15 years advising major clients on their fraud management strategies and processes. The Sphonic.com Workflow Manager solution facilitates the dynamic collection and delivery of big data to the risk management platforms of clients and merchants, enabling informed decision making.

Workflow Manager is designed to support leading risk management technologies to the market through a single API and customised configurations, providing a flexible tool that redefines back office processes.

Identity Solutions was recently recognised by Deloitte as one of Europe’s fastest 50 growing technology companies. It provides electronic identity authentication solutions with the ability to remotely authenticate the identity, age and status of individuals along with the devices they are using.

“We are delighted to work with Identity Solutions as a partner in the Sphonic.com big data network. The impact on the UK economy from identity crime is estimated to be £2.7 billion per annum and it is believed that identity crime affects 1.8 million people every year. In an increasingly growing customer-not-present world, data from Identity Solutions will help to provide greater assurance to our clients that they are transacting with genuine customers,” said Riten Gohil, CEO of Sphonic.com.

Nicky Vaksdal, Commercial Director at Identity Solutions, commented, “We are committed to providing robust yet uncomplicated and intuitive solutions, using high quality data from reputable sources. By continually developing and enhancing our products and services we keep ahead of market trends ensuring Identity Solutions continues to lead the way in KYC, identity verification, Anti Money Laundering and age verification. We certainly believe working within the Sphonic.com big data vendor network complements how we position Identity Solutions as a business and look forward to building a long term and rewarding relationship with them.”

 

For further information, please contact:

Riten Gohil, CEO, Sphonic.com +44 (0) 7949 614 709, or ritengohil@sphonic.com

Andy Lee, Founder & Product Owner, Sphonic.com +44 (0) 7889 097 851, or andylee@sphonic.com

Nicky Vaksdal, Commercial Director, Identity Solutions +44 (0) 7799 344 055, or nicky@capita-id.co.uk

 

About Sphonic.com

Sphonic.com is the trading name of Symphonic Solutions Limited. The company was recently established with backing from private investors to develop and launch Workflow Manager.

With the growth in e-commerce, mobile payments and consumer wallets, alongside increasing concerns around customer security, the Sphonic.com platform has been created with the growing demands for digital security.

Workflow Manager enables clients to integrate with its innovative big data vendor network through a single API. Sphonic.com also provides professional services and research & development consulting for financial services, eCommerce and mCommerce clients globally.

For more information, visit www.sphonic.com

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