European Fintech Company iCard Achieves Secure Customer Verification in Under 60 Seconds with Regula's Solutions
RESTON, Va., May 07, 2025--(BUSINESS WIRE)--iCard, a leading European e-money institution, has successfully upgraded its customer checks with Regula's advanced biometric and document verification technologies. By integrating Regula Face SDK and Regula Document Reader SDK with its KYC (Know Your Customer) and risk assessment systems, iCard has moved to speedy, automated verification with improved fraud detection, and enhanced the overall experience for customers in 30+ countries.
As a licensed fintech organization, iCard must comply with strict European KYC regulations while maintaining a robust risk assessment system alongside low-effort customer experience.
Prior to implementing Regula's solutions, manual verification processes led to inefficiencies, longer wait times, increased fraud, and potential friction for users. Customers often had to re-upload photos or wait for manual reviews, causing delays—especially outside business hours. Additionally, iCard needed a more comprehensive document verification system that was capable of recognizing a broader range of ID types.
The Regula Solution: Fast and Fraud-Free Identity Verification
To modernize and automate its verification process, iCard selected Regula's complete solution for document and biometric verification for its industry-leading accuracy, ease of integration, and ability to meet the company's specific requirements.
Regula Face SDK: Integrated into the iCard Digital Wallet app (Android and iOS), it provides fast and reliable biometric verification when a user logs in or performs a money transaction. The solution conducts instant liveness detection and face matching, preventing fraud attempts, including presentation attacks, deepfakes, or injected videos.
Regula Document Reader SDK: Deployed in iCard's back-office system, it automatically authenticates ID cards, passports, and residence permits, including previously unsupported paper-based IDs. Regula's solution reads and authenticates data from multiple document zones, including MRZs (machine-readable zones), RFID chips, and barcodes, and cross-validates the information to detect any inconsistencies that may indicate fraud.
Tangible Business Benefits
The project was completed in just one month, and the impact has been immediate:
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