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Overview of ISX Financial EU plc's New Patent for Video KYC Identity Verification

ISX Financial EU plc, a prominent technology firm, has recently achieved a significant milestone by securing a new patent for innovative identity verification using continuous video KYC (Know Your Customer) technology. The patent, numbered 3850508, was awarded by the European Patent Office on August 6, 2025, with a validity period of 20 years commencing from its application date on September 12, 2019. This development positions ISX Financial as a leader in the application of advanced technology for secure identity verification.

Applications and Advantages

The newly patented technology presents a groundbreaking alternative to existing solutions on the market for video KYC verification. By leveraging a computer-implemented method, it establishes a live video connection to collect, compare, and verify various biometric datasets derived from identification data captured by multiple means. The system is designed to identify and authenticate biometric traits like facial features, voice patterns, iris scans, retinal images, gait dynamics, heart rhythms, and fingerprints. These biometric identifiers are then compared against stored data and matched with photographic images or video sources.

The flexibility of the patent allows for the reconfiguration of various parameters, paving the way for potential applications beyond financial services, including the utilization of drones—whether autonomous or piloted—to identify and verify individuals in different sectors. This innovative technology creates a continuous and secure method of conducting identity verification, addressing the critical challenges faced in today’s digital landscape, especially concerning fraud and compliance with stringent regulatory requirements.

Revolutionizing User Experience

As part of this development, Nikogiannis Karantzis, the CEO of ISX Financial EU plc, stated, "This invention represents the future of identity verification—frictionless for the user while being highly secure." This approach to user verification will reduce identity verification fraud significantly and enhance overall compliance with customer due diligence regulations, eliminating the need for customers to physically visit offices for the verification process.

This revolutionary patent addresses a crucial need for robust identity verification solutions, making it easier for businesses to ensure compliance while providing a seamless user experience.

Future Developments and Strategic Partnerships

In addition to this technological advancement, ISX Financial EU plc is exploring potential partnerships and commercialization opportunities to scale the implementation of this uninterrupted video KYC technology. The recent patent complements their investment in another innovative technology firm, BeEmotion.ai, enabling synergetic benefits and enhanced capabilities in offering services across various sectors.

As they move forward, ISX Financial is committed to further developing this patent in collaboration with industry partners, ensuring that it meets the highest standards of security and efficiency. Companies interested in the patent can review the details through the European Patent Office’s official application registry.

About ISX Financial EU plc

ISX Financial EU plc stands at the forefront of banking technology, providing specialized financial services to clients within the European Economic Area and the United Kingdom. Their integrated payment infrastructure equips businesses with comprehensive solutions for transaction banking, A2A payments, currency exchange, remittances, and payment processing. For more information, please visit their official website: www.isx.financial.

For a detailed view of the patent, please follow this link: European Patent Office.