RegTech Company iDenfy Joins Forces with SpaceCore for Enhanced Global Hosting Security
Regulatory technology (RegTech) firm iDenfy has partnered with SpaceCore, a global hosting provider, to boost security through optimized client verification.
By integrating iDenfy’s AI-driven identity verification suite, SpaceCore aims to strengthen platform security, adhere to international compliance standards, and provide secure user-friendly tools. Both companies share a commitment to speed, performance, reliability, and regulatory compliance while meeting their customer’s demands.
About the Partnership
SpaceCore operates data centers across multiple countries, offering scalable infrastructure tailored for diverse clients like crypto node operators, startups, and enterprise organizations. Its mission is to enhance performance and accessibility using advanced server capabilities and a user-friendly interface that simplifies deployment and management of digital workloads.
The hosting industry faces significant risks due to identity fraud, estimated at USD 47 billion in the U.S. in 2024. False identity fraud, involving fabricated or partially real identities used to access digital services, poses a particular threat as fraudsters exploit weak verification systems to rent servers for illicit activities such as DDoS attacks and crypto scams.
Driven by security concerns and the flexibility of iDenfy’s solution, SpaceCore chose this suite. iDenfy’s customisable flows can be adapted to fit existing infrastructure, supported through low-code/no-code integrations, and compatible with a wide range of third-party platforms. This enables seamless embedding into SpaceCore’s system.
The partnership is underpinned by iDenfy’s comprehensive identity verification solutions, offering multiple user verification and onboarding flows that can be easily tailored to meet SpaceCore’s needs and industry demands. This ensures SpaceCore can onboard a larger volume of customers without backlog issues, implementing a global ID verification solution that accepts diverse identity documents from various countries and regions.
