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Veratad Technologies and Trinsic: A Strategic Partnership for Reusable Identity

In a milestone development for digital identity verification, Veratad Technologies, recognized as a leader in secure age and identity verification, recently announced a significant expansion of its IDMaxSM network through a new partnership with Trinsic. This collaboration is poised to enhance the access and capabilities of Veratad's identity orchestration platform, Veratad VX, integrating over 1 billion additional digital identities into its already extensive ecosystem.

Veratad debuted the IDMax network in early February 2024, positioning itself at the forefront of reusable digital identity credential solutions. IDMax serves as an innovative tool enabling organizations to confidently accept and utilize digital identity credentials from third parties, alongside conventional validation methods. This capability has seen continuous enhancement due to strategic alliances with major identity credential issuers, including integrations with established names like CLEAR, PLAID, and Signzy.

Through the integration of Trinsic, Veratad has broadened its reach to an impressive array of over 50 networks, encompassing various identification solutions, ranging from bank-based IDs prevalent in the Nordic countries, to mobile driver’s licenses stored in native wallets, and electronic identities (eIDs) utilized across Europe. This significant addition reinforces Veratad’s dedication to facilitating interoperability, flexibility, and state-of-the-art identity acceptance for its customers.

As digital ID adoption experiences rapid growth, this strategic integration guarantees that Veratad remains at the forefront, leveraging Trinsic’s role as an aggregator of credential ecosystems. This means Veratad will continue to enable its customers to embrace a diverse range of third-party reusable identity credentials, harmoniously integrated within the Veratad VX platform alongside other verification methods, such as identity data confirmation, document verification, mobile authentication, Smart2FA, knowledge-based authentication, and biometric checks.

John E. Ahrens, CEO of Veratad Technologies, emphasizes the importance of this innovation: "From the beginning, IDMax was designed to be an open acceptance network, not a credential itself, but a way to trust many. By partnering with Trinsic, we are expanding the reach of reusable identity globally while preserving Veratad's role as an independent orchestration layer for regulated, real-world use cases."

On the other hand, Trinsic aims to simplify access to a fragmented digital ID ecosystem. Riley Hughes, CEO of Trinsic, remarked, "By integrating Trinsic's infrastructure for digital ID acceptance, Veratad has unlocked low-friction, high-assurance verification options for its customers in another 30 countries around the world, while maintaining trust and regulatory alignment." This shows a commitment to creating a seamless user experience while adhering to the necessary regulations.

The expanded IDMax network, efficiently delivered through Veratad VX, supports organizations in various sectors including financial services, e-commerce, gaming, social media platforms, healthcare, and age-restricted commerce. By adopting this innovative network, these organizations can significantly reduce instances of fraud, adhere to regulatory standards, and enhance customer experiences via secure, reusable identity acceptance.

About Veratad Technologies

Veratad Technologies stands as a premier provider of online age and identity verification solutions. By leveraging the Veratad VX orchestration platform, the company allows organizations to dynamically create and manage verification workflows using both proprietary and third-party identity methods, including reusable credentials, effectively addressing the evolving demands of regulation, fraud detection, and customer satisfaction.

To explore further about Veratad's offerings, visit veratad.com.

About Trinsic

Trinsic excels in providing infrastructure for accessing, issuing, and managing digital identity credentials. Its services empower organizations to engage with modern identity ecosystems fostering interoperability, privacy, and trust. Trinsic assists enterprises in incorporating reusable identity solutions into tangible workflows, thereby promoting seamless identity transitions in various sectors.