Ponte Finance, a UK-based lender focusing on secured loans, has integrated digital verification and compliance technology from iDenfy.

According to an official press release citing industry data, the partnership comes in response to rising fraud levels in the UK, where financial crime losses reached GBP 1.17 billion in 2024. The collaboration provides Ponte Finance with automated onboarding, identity verification, and anti-money laundering (AML) monitoring.

Enhanced Verification and AML Monitoring

iDenfy’s platform verifies clients through a combination of biometric checks and document validation, supporting more than 3,000 types of identification across over 200 jurisdictions. This system is designed to detect attempts to register with fraudulent documents or synthetic identities, including those created using deepfake technology.

Alongside identity verification services, iDenfy offers continuous AML screening, which checks customers against sanctions databases, politically exposed persons (PEPs) lists, and adverse media reports. The system updates automatically and can generate audit-ready compliance reports.

Ponte Finance also uses the Know Your Business (KYB) function, which cross-checks company registries in 120 countries to validate corporate clients and monitor them on an ongoing basis.

Efficiency and Compliance

Representatives from iDenfy noted that financial institutions must balance speed and security. They argued that automated checks assist lenders in efficiently onboarding clients without compromising compliance standards. Ponte Finance officials stated that the technology has reduced the time required for client approval and simplified monitoring processes.