IDenfy, a globally recognised RegTech company providing identity verification and fraud prevention solutions, has recently incorporated Smart-ID into its electronic identity verification platform. By adding the primary mobile electronic identification service in the Baltic region, businesses will be able to verify customers from Lithuania, Latvia, and Estonia using their everyday identities (without asking the customer for physical documents during onboarding).
Smart-ID is the most popular mobile identity service in the Baltic States. In Estonia, there are approximately 730,000 active users, 1 million in Latvia, and 1.6 million users in Lithuania (a combined total of 3.75 million active users in its primary markets), and an additional 19 million people in Belgium and Finland, where its e-identity service also has an active scope of use.