The complex business of identity verification

Irish regtech ID-Pal has been eyeing up expansion into the US market after raising €1 million in a funding round last year

25th April, 2021
The complex business of identity verification
Colum Lyons, chief executive of ID-Pal: ‘It’s bringing back the control to the individual.‘ Photo: Conor Healy

Despite the breathless pace at which technology has progressed in the past few years, some basic elements of existing in the modern world – such as opening a bank account – remain exasperatingly antiquated.

In the age of Mars rovers and bitcoin, anyone looking to start a basic current account may still have to suffer the indignity of having to physically go to a bank branch to verify that they are who they claim to...

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