Identity verification and e-KYC technology company, VerifyMe Nigeria, has unveiled QoreID, a dedicated digital identity and analytics solution for business-to-business (B2B).
QoreID will provide API infrastructure and data services that connect businesses to people and their information across Africa. Targeted at the medium and enterprise business segment, QoreID provides a suite of secure verification and authentication solutions that connect businesses to trusted identities and critical consumer analytics such as alternative credit scoring for the unbanked and much more.
Speaking on the launch, Co-founder and Chief Executive Officer, VerifyMe, Esigie Aguele, said QoreID was positioned to transform businesses across Africa and drive growth within key markets by making customer acquisition faster, more affordable and more efficient.
He said it would be supported by local and global best practices for security and compliance, making transactions less vulnerable to fraud, errors and other risks.
Aguele said: “QoreID is simply data infrastructure you can trust to build your business or products on. Many medium to large-scale companies spend valuable time and resources verifying customer information for KYC or approving them for credit or other services. This slows down their business development efforts and may result in several lost opportunities. It also increases the risk of insider abuse.
“With QoreID, businesses seeking to drive growth within key markets and enhance their overall customer experience can simply use our secure API hub or SDKs to meet their business or regulatory requirements.”