iDenfy, a Lithuania-based RegTech solution provider best known for its fraud prevention tools, announced a new milestone established by recognition from G2, a pioneering B2B review platform, which has named iDenfy as one of the Best Software Products of 2025.
This marks iDenfy’s debut on the prestigious top 100 list, with the company securing 44th place in the Financial Services Products category and 48th place in the Data Privacy Products section.
iDenfy’s commitment
G2’s rankings are based on a combination of user reviews and market presence, making them a reliable indicator of a company’s credibility and impact. Besides positioning rewards, iDenfy has also earned multiple High Performer badges for Europe and the EMEA region, along with rewards as the Best Support for Small Businesses and Leadership in Europe.
These accomplishments highlight iDenfy’s commitment to delivering innovative, secure, and customer-centric solutions in the rapidly evolving regulation and technology industry.
iDenfy’s identity verification and fraud prevention
iDenfy’s dedication to helping businesses navigate complex challenges in fraud prevention
iDenfy’s identity verification and fraud prevention products featured in G2’s Leader badge are recognised for their high user satisfaction and strong adoption rates, while the Highest Quality of Support badge underscores iDenfy’s dedication to helping businesses navigate complex challenges in fraud prevention, compliance, and identity verification.
At first, when iDenfy joined the G2 platform a few years back, it quickly gained popularity in the ID verification on solution category, however, due to positive reviews regarding its other solutions, including Anti-Money Laundering (AML) screening, iDenfy’s team has proved to listen to what its partner and users want, which is to consistently improve its end-to-end RegTech product hub.
New regulatory requirements
“We’re quickly adapting to new regulatory requirements and, naturally, more complex fraudulent schemes that bad actors might use. Our software now combats more deepfakes than ever, which, due to the mainstream use of AI, are getting harder to spot with the naked eye,” explained Domantas Ciulde, the CEO of iDenfy.
“Additionally, we want our solution to be fully customisable, which means providing the needed building blocks for all compliance needs, not just standard user verification.”
iDenfy’s AI-powered solutions
Different from iDenfy’s other older AI-powered solutions, such as ID verification for individuals
In the near future, iDenfy’s team is working on improving its Know Your Business (KYB) platform, which is designed to help companies optimise business verifications.
Different from iDenfy’s other older AI-powered solutions, such as ID verification for individuals and AML screening, KYB verification hasn’t won the top software badge in G2 yet. According to Viktor Vostrikov, iDenfy’s CMO, this will most likely change in the next year, as both regulations and the market are dictating stricter requirements for corporate compliance, which is more complex and risky if done incorrectly.
EIN verification in the KYB dashboard
“We’re improving our KYB software to match different regulatory requirements."
"For example, our team just added a new built-in tool for EIN verification in the KYB dashboard, perfect for US-based clients that need to review the entity’s EIN status and save time since they don’t need any additional tools or third-party providers for this sort of check,” added Viktor Vostrikov, the CMO of iDenfy.
AI and ML advancements
iDenfy was founded in 2017 with a vision to combat the rising issues of online fraud. The founder recognised the need for a robust, technology-driven solution to address the growing challenges of identity theft, financial fraud, and regulatory compliance.
Now, iDenfy has grown into a RegTech powerhouse, offering an end-to-end fraud prevention ecosystem that combines AI and ML advancements, such as liveness detection or biometrics, combining all technologies with an extra layer of security and accuracy, which can be amplified with the help of its in-house KYC team.
KYC, AML, and KYB regulations and security standards
iDenfy’s identity verification suite supports over 3000 types of identity documents across 200+ countries
The company’s solutions are trusted by businesses of all sizes, from startups to large enterprises, across industries such as fintech, e-commerce, healthcare, blockchain, and many more.
iDenfy’s identity verification suite supports over 3000 types of identity documents across 200+ countries and territories, together with the real-time fraud detection tools that help to identify and mitigate risks instantly while helping businesses meet KYC, AML, and KYB regulations and security standards.
iDenfy’s success by a shared mission
At the heart of iDenfy’s success is a team of 50+ passionate professionals who are united by a shared mission: to build a safer digital future.
“Our team is our greatest asset. Their dedication and expertise have been instrumental in our journey to becoming a trusted name in RegTech. As we continue to grow, we remain committed to empowering businesses with the tools they need to stay ahead of evolving threats," added Domantas Ciulde.
