Case Study: ITCS Trade achieves faster KYC onboarding and an 87% verification approval rate with iDenfy

How ITCS Trade detects more fraudsters and onboards higher volume of genuine customers seamlessly with iDenfy’s automated KYC solution

ITCS Trade, a financial services provider and CFD broker serving retail clients, struggled with slow, manual KYC onboarding that strained resources and hindered customer acquisition. To reduce costs and improve compliance, ITCS Trade engaged vendor iDenfy and its full-stack identity verification/KYC solution.

iDenfy implemented an AI-powered verification flow with smart face recognition, 3D liveness checks and a hybrid AI + human expert review, enabling customers to complete verification in four clicks in just a few minutes. As a result, iDenfy managed growing volumes without adding ITCS Trade’s verification staff, improved fraud prevention and compliance, and converted 87.10% of verifications to approved.

ITCS Trade

Jonathan Säther

Chief Executive Officer