ID-Pal is delighted to be shortlisted in the ‘Innovation in Legal Services’ category which honours the suppliers that are driving the future of technology in legal services. This critically acclaimed award recognises solution providers which demonstrate they are accelerating the pace of change whilst transforming the competitive landscape with innovative technologies, platforms and services.
Judged by an independent & impartial panel of experts, the Annual British Legal Technology Awards acknowledge and reward excellence in Legal Technology and IT Security within the UK and International Legal Sectors. Hosted by Netlaw Media, the 2023 Awards will recognise leadership, innovation and technology as well as the individuals, teams and suppliers transforming the future of legal services.
This award nomination demonstrates ID-Pal’s commitment to transforming the identity verification process for legal professionals by streamlining client onboarding, ensuring compliance, enhancing user experience, strengthening fraud prevention, and continuously improving our solution. By addressing the specific needs of the legal industry, ID-Pal aims to drive innovation and efficiency, while also promoting trust and seamless user experiences for legal professionals and their clients.
ID-Pal’s delivers efficient functionality in identity verification for the legal industry:
Regulatory Compliance & Risk Mitigation: ID-Pal enables legal professionals to demonstrate compliance with regulatory requirements by providing evidence of due diligence efforts by conducting thorough screenings, audit trails and reports, enabling legal firms to mitigate risk, protect their reputation and avoid any costly penalties.
Enhanced Operational Efficiency: With a 98% accuracy rate of real-time document classification and access to our industry-leading datasets, ID-Pal’s solution delivers superior outcomes and more accuracy. By automating the client screening process, legal firms can streamline operations and free up valuable resources to focus more on strategic tasks improving overall productivity and enabling business growth.
Seamless User Experience: The user-friendly functionality of ID-Pal’s platform contributes to a positive user experience with its transparent and convenient process enhancing client satisfaction and fostering trust in the legal firms that utilise ID-Pal’s solution.
Scalability and Flexibility: The solution is scalable and can accommodate the needs of legal firms of all sizes. Whether it’s a solo practitioner or a large law firm, ID-Pal can adapt to the volume of clients and efficiently handle identity verification tasks.
Advanced KYC & AML Screening: By integrating real-time automated identity checks, document authentication, and AML/KYC screening, legal professionals can identify and mitigate the risks associated with these individuals and ensure compliance while minimising the risk of non-compliance penalties and legal disputes.
On-site, online or remote: The end-to-end user experience can be customised in just a few clicks via a no-code platform enabling a tailored identity verification process across your customer channels, and jurisdictions.
Revenue Generation: By integrating ID-Pal’s solution, legal firms can automate the onboarding process for their clients and start generating revenue sooner.
Check out the full list of finalists here.
About ID-Pal
Winner of Best Customer Facing Experience at the Pay360 Awards and currently shortlisted for Accounting Tech of the Year the Europe FinTech awards, ID-Pal is an award-winning ISO 27001 certified SaaS solution that enables businesses to verify the identity and address of customers in real-time and meet their AML/KYC compliance requirements. The plug and play platform can be up and running in the same day, and is also available as an API/SDK. Customisable to the specific needs of any business, the solution eliminates the complexity, cost, timelines, and risk associated with regulatory compliance.