The four-step biometric verification will add an extra layer of security for BEEP.Rent
Kaunas, Lithuania (September 26, 2022) – iDenfy, the global fraud prevention, and identity verification startup, announced a new collaboration with BEEP.Rent, the digital car rental company. iDenfy’s full-stack ID verification solution will deliver a seamless onboarding experience for drivers and customers on BEEP.Rent’s network.
Many modern businesses in the sharing economy sector today rely on new technologies. Companies like car rental agencies benefit from applications that enable remote registration processes for their customers. In this case, the customers are provided with the expected speed and convenience, while car rental companies easily track and monitor their vehicles. According to BEEP.Rent, such connectivity in the smart mobility world comes with security challenges, entailing fraud risks, such as the misuse of forged documents and fake identities.
Poland-based BEEP.Rent is a remote car rental company offering cars and pick-up points for drivers and customers. Unlike traditional car-sharing businesses, BEEP.Rent aims to stand out with its simple, anyone-can-join model. Drivers aren’t required to have their vehicle on BEEP.Rent, and, according to the digital automobile renting platform, there aren’t fixed costs:
“We centralized customer support by moving it away from the car owners to provide consistent and attractive offers for our corporate clients. This way, we can treat all of the delivered cars as one fleet, but we still don’t have fixed costs for the cars and pick-up points.” — explained Kamil Put, the CEO of BEEP.Rent.
iDenfy agrees with the narrative regarding cybersecurity concerns closely tied to remote fleet management technologies. The fraud prevention startup notes that before signing the deal with BEEP.Rent, its team set a clear target: to rent as many cars as possible using innovative solutions.
Currently, iDenfy’s AI-powered biometric identity verification ensures that BEEP.Rent meets Know Your Customer (KYC) security requirements while, at the same time, enhancing the speed and security factors in its remote customer onboarding process. iDenfy protects sensitive data and helps BEEP.Rent welcome new customers faster through its four-step verification solution.
The service automatically extracts information from passports and ID cards to driving licenses and residence permits. iDenfy’s in-house expert team reviews each verification result manually, improving the accuracy rate. As claimed by the ID verification startup, cybercriminals use fake identities, which they buy on the black market, to register for car rental services using a similar technique to credit card fraud.
iDenfy’s CEO, Domantas Ciulde, explains that with unauthorized car rides on the rise, the key measure to combat such fraud for businesses remains a vital ID verification service:
“Conducting efficient identity document analysis on a global scale can be challenging. At iDenfy, we believe that a smart ID verification solution is an absolute necessity to maintain security and successfully gain new clients for businesses like BEEP.Rent.”
“We’re glad to have found iDenfy, a supportive team that helps us grow. The new ID verification is tailored for our market, adding security and providing a competitive advantage in the car-sharing sector.” — said Kamil Put, the CEO of BEEP.Rent.