Jason Tucker-Feltham - IDnow - Money 20/20 Europe

Why It Matters

IDnow's UK launch gives fintechs a compliant, fast KYC solution, accelerating digital banking adoption and strengthening IDnow's position as a cross‑border identity platform.

Key Takeaways

• IDnow expands identity verification services into the UK market.
• New UK approach uses data-first onboarding compliant with FCA requirements.
• Seamless onboarding crucial for fintechs and neo‑banks to retain users.
• IDnow leverages regulatory monitoring to adapt products across jurisdictions.
• Company aims to grow beyond EU, targeting global financial institutions.

Summary

IDnow, the German‑origin identity verification platform, announced at Money20/20 Europe that it is launching a full‑scale service in the United Kingdom. The move extends its previously EU‑only footprint, positioning the firm as a pan‑European KYC provider.

The UK offering replaces the traditional document‑first check with a data‑first onboarding flow that queries multiple public databases to meet FCA standards. By delivering “certainty that the person is who they say they are,” IDnow promises faster, frictionless sign‑ups for banks, crypto exchanges, gaming sites and other regulated verticals.

Jason Tucker‑Feltham highlighted that leading banks already rely on IDnow because its regulatory‑affairs team continuously updates the product for each jurisdiction. He noted the timing of the announcement at Money20/20 was intentional, allowing face‑to‑face discussions with global brands.

For fintechs and neo‑banks, the rollout means a ready‑made, compliant KYC engine that can accelerate customer acquisition while reducing legal risk. For IDnow, the UK entry is a stepping stone toward further expansion beyond the EU, reinforcing its role as a trusted infrastructure partner for worldwide financial services.

Original Description

Over at the RAI in Amsterdam for Money 20/20 Europe, FF News spoke to Jason Tucker-Feltham, Global Head of Crypto and Fintech at IDnow. He provides a glimpse into the operations and activities of IDnow, shedding light on the nature and scope of the company's services and solutions.

IDnow is a specialised company focused on delivering advanced identity verification solutions, leveraging innovative technologies and processes to remotely verify and authenticate identities. By enabling secure digital transactions and preventing fraud, IDnow aims to enhance convenience, foster trust, and simplify the lives of businesses and individuals.

“It’s an identity verification technology platform, which caters for a number of different verticals, be it banking, gaming, crypto, payments. You name it, we cover it, across the whole of Europe and beyond.”

“The world’s leading banks often come to us in order to onboard their customers for them because they know they can trust us to monitor regulatory change and ensure that the product fits for the jurisdictions that they’re operating in.”