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From VideoIdent provider to leading identity platform: IDnow celebrates its tenth anniversary

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Munich-based identity pioneer looks back on ten years of revolutionizing the KYC space and doubles down on reusable identities and trust services

MUNICH, June 27, 2024 /PRNewswire/ — IDnow, a leading platform provider for identity verification in Europe, is looking back on ten successful years of revolutionizing the German and European Know-Your-Customer (KYC) market and is now doubling down on reusable identities and trust services. Founded in 2014 by Armin Bauer, Sebastian Bärhold, Felix Haas and Dennis von Ferenczy, the Munich-based company’s flagship product at the time was the revolutionary VideoIdent, which had just been allowed by the German Federal Financial Supervisory Authority (BaFin).

 

A platform with automated and expert-led solutions that serves all needs

Since then, a variety of solutions have been added to the portfolio, following market needs and technological trends: the AI-supported, fully automated AutoIdent solution was introduced in 2018, followed by the electronic function of the German ID card (eID) in 2019. Just last year, IDnow introduced ShopIdent, the onsite solution for identification in German petrol stations and stores. The transaction figures prove the success of these solutions: Over 13.2 million transactions have been processed via IDnow AutoIdent, while the scale-up looks back on another 13 million successfully identified users with VideoIdent to date.

In 2019, Andreas Bodczek was appointed as CEO at IDnow: “We have made it our mission over the past five years to actively shape and lead our industry and show our customers why digital identities are essential to their business. In the last decade, we have grown into a platform provider that serves all market needs with the help of the latest technology. We have earned the trust of our customers because we focus on our core business every day without losing sight of the secular trends that are shaping the market.”

Munich-based scale-up has long been one of the largest European players

In 2021, increased expansion opportunities led IDnow to acquire the French market leader for identity verification technology, ARIADNEXT, and the German provider identity Trust Management AG, establishing IDnow as one of the largest European players in the identity industry.

In addition to its traditional financial and telecommunications applications, new growth areas for IDnow have opened up in the mobility and travel industry, online dating, gaming, human resources and social media. Although user needs and regulatory requirements differ greatly from traditional industries, the desire for increased trust in digital transactions has grown across territories, regardless of the use case.

Reusable identities and trust services determine the future

The digital identity industry is facing a paradigm shift due to regulations, such as eIDAS 2.0 at the European level or announced changes to the Videoident regulation in Germany. With its more than 900 trusted customers, the company aims to leverage these relationships and take them to the next level by building up its own trust service and a digital identity pool of several million users in the next few years. In doing so, the scale-up intends to lead the way in the transformation of the digital identity market heralded by eIDAS 2.0: European trust services, reusable identities and a fully integrated, broad product portfolio form the basis of the company’s long-term product strategy.

“Today, we are facing a fundamental transformation of our industry – away from the one-time verification process and towards reusable identities – and we will once again lead this revolution,” Bodczek says. “Since its founding, IDnow, with its broad and continually evolving portfolio, has shown a great deal of foresight, resiliency, and adaptability to market developments. With a team of over 450 highly skilled colleagues across ten offices in Europe, we are already one of the largest players in the identity industry. The experience, expertise, and innovation drive that we have assembled in-house make us extremely optimistic about the next ten years of our company and the industry at large,” he concludes.

About IDnow

IDnow is a leading identity verification platform provider in Europe with a vision to make the connected world a safer place. The IDnow platform provides a broad portfolio of identity verification solutions, ranging from automated to human-assisted from purely online to point-of-sale, each of them optimized for user conversion rates and security.

In 2021, IDnow acquired the French market leader for identity technology, ARIADNEXT, and the German identity Trust Management AG, enabling IDnow to offer its customers one of the broadest identification solutions through a single, integrated platform.

The company has offices in Germany, United Kingdom, and France and is backed by renowned institutional investors, including Corsair Capital and Seventure Partners. Its portfolio of over 900 international clients spans a wide range of industries, and includes leading international players, such as UniCredit, Telefonica, Sixt, Crédit Agricole Personal Finance and Mobility, BNP Paribas Personal Finance, and Munich Re, as well as digital champions like N26, Solarisbank, Younited, BoursoBank, Klarna and Tier mobility.

Press contact IDnow
Katherina Riesner
press@idnow.io
+49 89 41324 6030

Logo – https://mma.prnewswire.com/media/2448581/IDnow_10_Year_Logo.jpg

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Successful Conclusion of the Inspur Software Technology Overseas Product Launch Conference in Jakarta

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JINAN, China, Sept. 25, 2024 /PRNewswire/ — The Inspur Software Technology Overseas Product Launch Conference was successfully held in Jakarta, Indonesia on September 24. This event focused on Inspur’s international product strategy and featured the significant launch of two key products: Super Portal and SmartWave IoT, providing strong momentum for the digital transformation of governments and enterprises worldwide.

In the current wave of digitalization, governments and businesses face challenges such as a proliferation of application systems and redundant data entry, creating invisible digital divides that hinder efficient development. In response, Inspur has introduced Super Portal, which comprehensively integrates data, services, applications, interfaces, and knowledge. This solution optimizes operational processes for government and enterprise users, enhances digital capabilities, and drives transformation and upgrades across various industries.

In addition, in response to the deep-seated demands of digital transformation, Inspur Software Technology has developed the SmartWave IoT platform to provide customized IoT solutions for various industries both domestically and internationally, facilitating their digital transformation and intelligent upgrades. The platform supports multiple deployment options, allowing it to easily adapt to diverse scenario requirements. Additionally, it offers various tools for diagnosing issues with abnormal devices, enabling rapid identification and resolution of device problems, greatly streamlining the maintenance management process.

Notably, the SmartWave IoT platform demonstrates robust device interaction and collaboration capabilities through its advanced rule engine and process orchestration technology. In emergency situations, it can automatically trigger relevant devices to effectively respond to unforeseen events. For instance, in the Xishuangbanna Asian Elephant Early Warning Monitoring Project, the platform successfully supported real-time observation and second-level alerts for wild Asian elephants, effectively mitigating potential risks of human-elephant conflict.

View original content:https://www.prnewswire.com/apac/news-releases/successful-conclusion-of-the-inspur-software-technology-overseas-product-launch-conference-in-jakarta-302257867.html

SOURCE Inspur Software Technology (IST)

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ASAA88 Upgrades Their Online Casino Singapore Website

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SINGAPORE, Sept. 25, 2024 /PRNewswire/ — ASAA88, Singapore’s top gaming portal, is pleased to announce the launch of their newly designed, faster and more responsive website. As the demand for online casino Singapore keeps growing, the team has been continuously working on improving the player experience – which all betting enthusiasts can witness for themselves on the new site.

ASAA88 knows how important it is for its customers to have fun when it comes to online betting in Singapore. The updated website makes it easier to find and play their favorite games, as it loads faster and adds more tools to the interface.

Several Singaporeans visit ASAA88 on a daily basis to try betting games online. It has become one of the most popular online betting sites in Singapore. The user interface, excellent customer support and the wide variety of esports, betting games and casino games is what attracts the audience.

With the new upgrades, the website will be even better than before. The new, modern, responsive design makes the website compatible with a wide range of devices- rendering perfectly across computers, tablets, and smartphones- which creates a seamless, immersive experience for all players. This means that ASAA88’s huge library of online casino games is always open, and players can use any gadget to place their bets from anywhere.

Jayden, as an Admin for the ASAA88, said, “Millions of players prefer our platform for its ease of use, prompt customer support, and transparent guidelines. With this update, accounts will be handled faster, we can serve our customers better and make the experience smooth for anyone looking for Online betting in Singapore. With a clear focus on player satisfaction, innovation, and technology, we’re continuously adding to our extensive collection of entertaining and trendy games. We are always happy to hear from our clients to understand their expectations better.”

The launch of the new website marks another milestone in ASAA88’s journey to provide the best experience for all betting enthusiasts. The company is committed to leverage the latest technologies to enhance their offerings and satisfy their customers – as it keeps inching closer to becoming Singapore’s premier betting destination.

CONTACT:
Name: Jayden
Email id: admin@asaa88.net
Contact: +6011-13262217

 

View original content:https://www.prnewswire.co.uk/news-releases/asaa88-upgrades-their-online-casino-singapore-website-302256905.html

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SINOTRUK Unveils Latest Lineup at IAA Transportation 2024

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BEIJING, Sept. 23, 2024 /PRNewswire/ — A report from China Automotive News.

At the IAA Transportation 2024 in Hannover, SINOTRUK showcases seven advanced models including Yellow River with ultra-low drag coefficient SITRAK hydrogen fuel cell tractor, and HOWO Tongshuai battery electric light truck etc., which could be visited at Booth C08 in Halls 19&20. 

SINOTRUK fulfills its commitment to green, intelligent, and efficient solutions, contributing Chinese expertise and innovation to shape the future of global commercial industry.

Eastern Aesthetics, Driven by Technological Innovation
Pioneering in China’s commercial vehicle sector, SINOTRUK has maintained a global perspective since entering international markets in 2004. SINOTRUK has topped the export sales of heavy trucks in China for 19 consecutive years, with products exported to more than 150 countries and regions. SINOTRUK has established a comprehensive sales and service network in Asia, Africa, Europe, and South America. SINOTRUK has won widespread recognition for its reliability and good performance, demonstrating strong global competitiveness.

SINOTRUK launched a complete lineup of green energy vehicles with Intelligent driving assistance system at the IAA 2024.This exhibition unfolds SINOTRUK’s expertise and vision in revolutionizing the commercial vehicle sector.

SINOTRUK’s booth shines on media day, with six innovative models exhibited. A full series of truck models covers a wide range of work scenarios, from heavy-duty trucks to light trucks and pickups.

Pioneering the Future, In Sync with a Global Green Revolution

Yellow River with ultra-low drag coefficient heavy truck
The Yellow River outperforms its counterparts in fuel efficiency and driving mileage. Multiple innovative designs were adopted to reduce drag coefficient such as electronic side mirrors, hidden door handles, and bio-mimetic fish-back trailer. A drag coefficient record at 0.286Cd could not have been set without four prototype generations and more than 500 rounds of high-precision CFD simulations conducted by a dedicated team of over 120 engineers. The record was certified by leading agencies such as TÜV Rheinland, IDIADA, and CATRC (China Automotive Technology & Research Center).

SITRAK hydrogen fuel cell tractor
SITRAK hydrogen fuel cell tractor is aimed at zero-emission long-haul transportation. Equipped with independently developed hydrogen fuel cell system, electric drive axle, intelligent powertrain and advanced control technologies, this model enables a mileage range of 1,200 kilometers. Highlighted parameters incorporate 1,100kW output and torque of 86,000N•m., dual 275kW PMSM motors on each axle, two-speed integrated electric drive axle and a comprehensive efficiency of 94.5%.  Automatic and manual modes are for options.

SITRAK Battery Electric Tractor
SITRAK electric tractor provides an efficient and reliable solution for long-haul logistics. It adopts integrated modular and Cell-to-Body design, equipped with intelligent drive system and luxurious cabin. 600kWh CATL CTB LFP modular power battery pack is mounted, which delivers a total power output of 825kW and a maximum torque of 75,000N•m, with the transmission efficiency exceeding 94.5%. The vehicle offers a range of 450 kilometers, making it a perfect solution for long-haul logistics.

HOWO Tongshuai Pro Light Truck
HOWO Tongshuai Pro stands out for its excellent efficiency and long mileage range. This model adopts a centrally-mounted 100kWh blade battery pack, which ensures safety and enables fast-charging—from 20% to 80% in just 20 minutes. The modular flat-wire permanent magnet synchronous motor generates a peak power of 140kW, while the two-speed integrated electric drive axle improves power performance by 50% and reduces overall energy consumption by 10%. The truck allows a 300 kilometers trip by a single charge.

Bolden Pickup
SINOTRUK’s Bolden pickup made its debut at IAA 2024, it offers varied models tailored for off-road, commercial, and passenger use. Bolden pickup possesses powerful performance, luxurious interiors, and intelligent safety features. The powertrain is composed of a Weichai WP2H 2.0 Turbo diesel engine and SINOTRUK’s 8-speed automatic transmission, ensuring smooth and reliable performance.

Bolden pickup presents its latest low-carbon, sustainable, and intelligent transportation solution to global customers and partners.

 

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SOURCE China Automotive News

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