#None #Identity Verification #ISX Financial #KYC Technology

ISX Financial EU plc Secures Patent for Identity Verification Technology

ISX Financial EU plc has recently made headlines with the announcement of its acquisition of a European patent for cutting-edge remote identity verification technology. This breakthrough comes through its wholly-owned subsidiary, ISX IP Ltd, which has been awarded the European patent number 3850508 for an innovative method that utilizes continuous video KYC (Know Your Customer) to verify identity remotely. The patent was granted on August 6, 2025, and is valid for twenty years from the application date, September 12, 2019.

Overview of the Technology

The newly patented technology presents an alternative approach to the current market solutions for identity verification via video feeds. Its system allows for a seamless data connection and live video transmission to capture, compare, and validate various biometric data sets. The technology is equipped to identify critical biometric markers, such as facial features, voice profiles, iris and retina patterns, gait analysis, heartbeats, and fingerprints. By comparing these indicators against stored data and images, ISX's technology sets a robust framework for identity verification across sectors.

Moreover, the versatile nature of this patent means that it can be adapted for numerous applications beyond the financial sector, including potential integration with drone technologies, whether pilot-operated or autonomous, to enhance identification and verification processes of individuals.

Addressing Modern Challenges

In a digital-first world fraught with increasing identity fraud, this innovation stands as a significant step toward establishing a continuous, secure, and fraud-resistant method for identity verification. Companies today face the challenge of maintaining compliance with stringent regulatory requirements while ensuring a seamless user experience. By adopting this technology, businesses can significantly minimize the risk of identity fraud while offering customers a smooth and secure remote verification process, eliminating the need for physical presence during certification of identity documents or additional verification hurdles.

Nikogiannis Karantzis, CEO of ISX Financial EU plc, emphasized the importance of this advancement, stating, "This invention heralds the future of effortless identity verification for users while ensuring a high level of security. We look forward to continuing the internal development of this technology and collaborating with partners to implement it in sectors where trust and security are paramount."

The patent also complements ISX's investment in BeEmotion.ai, reflecting the potential to combine patented technologies from both entities to serve additional industries outside of those currently addressed.

Future Developments

Following this major milestone, ISX Financial EU plc is actively exploring opportunities and partnerships to bring the newly patented continuous video identity verification technology to the broader market. The implications for various industries are vast, paving the way for enhanced security measures in areas where identity verification is critical.

For further information, the patent details can be accessed through the European Patent Office.

About ISX Financial EU plc

Operating as a leader in banking technology, ISX Financial EU plc utilizes its proprietary technology to provide tailored financial services to businesses spanning the European Economic Area and the UK. With a unified payment infrastructure and stack, the company offers end-to-end transactional banking capabilities, including A2A payments, currency exchanges, remittances, and payment processing services. For more information about their offerings, visit ISX Financial.