ISX Financial Secures Innovative Patent for Remote Video KYC Identity Verification

In a significant advancement for digital identity verification technology, ISX Financial EU plc, a leader in banking technology, has announced that its fully-owned subsidiary, ISX IP Ltd, has been granted a new European patent. This patent, officially recognized by the European Patent Office, highlights a groundbreaking method for identity verification using remote video - essentially, Video KYC (Know Your Customer).

Enhancements and Applications of the New Patent

The patent, referred to as European Patent 3850508, focuses on an innovative approach to remote identity verification through video streaming, which was officially granted on August 6, 2025. This unique system enables the collection and validation of biometric data via a live video feed, offering a robust alternative to traditional KYC methods.

Utilizing an advanced computer-implemented procedure, the technology establishes a secure data connection while allowing users to verify their identity in real-time. Various biometric traits such as facial recognition, voice recognition, and even heart rate can be captured and compared against stored data and images, ensuring high accuracy and reliability. This feature significantly reduces the problem of identity fraud, as these biometric markers are challenging to counterfeit.

Moreover, the broad-ranging scope of the patent includes potential deployments in various sectors beyond financial services. Innovative applications could involve using both autonomous and controlled drones for remote identification and verification, opening doors to numerous industries that require secure identity solutions.

Addressing Current Challenges in Identity Verification

As the digital landscape expands, so do the challenges associated with identity verification. The methods currently available often demand in-person verification or additional secure checks, which can lead to time delays and user frustration. ISX’s patented technology aims to solve this dilemma by creating a user-friendly experience without compromising on security.

According to Nikogiannis Karantzis, CEO of ISX Financial EU plc, this advancement represents the future of identity verification—a method that minimizes user friction while enhancing security. He noted, “We look forward to further developing this technology in-house and collaborating with partners to implement it in industries where trust and security are paramount.”

Future Directions with the New Technology

Looking ahead, ISX Financial is actively seeking partnerships and opportunities to bring this uninterrupted video identity verification technology to a larger market. The potential for scaling this technology can significantly alter how businesses, especially in regulated sectors, approach identity verification methods.

This patent not only stands as a testament to the company’s commitment to innovation but also complements ISX’s investment in BeEmotion.ai. The integration of proprietary technologies between the two entities could pave the way for new services that extend beyond current offerings.

For further details regarding the patent, Interested parties can access the official patent documentation at the following link: European Patent Office.

About ISX Financial EU plc

ISX Financial EU plc offers tailor-made financial services across the European Economic Area and the UK by leveraging its proprietary technology. The company provides a comprehensive payment stack and infrastructure that supports transaction banking, A2A payments, foreign exchange trading, and payment processing solutions, thus enabling firms to operate seamlessly in a fast-evolving market.

For more information, please visit: www.isx.financial.