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Admirals Selects Onfido to Simplify Customer Validation Process

To improve its customer onboarding process in Europe, Admirals has formed a partnership with authentication provider Onfido。

Admirals 选择 Onfido 简化客户验证流程

To improve the registration process for European customers, Admirals partners with authentication provider Onfido。The partnership will enable Admirals' online investment platform, Admiral Markets Cyprus Ltd, to streamline onboarding and account creation processes for customers in more than 25 European countries.。

Admirals partners with Onfido to enhance onboarding experience

By integrating Onfido's artificial intelligence authentication technology, Admirals aims to improve security, prevent fraud, speed up onboarding, and comply with various regulatory requirements。

Onfido's file and biometric verification tools will help Admirals authenticate users and detect fraud during the onboarding process。This is expected to build greater trust and confidence among Admirals existing and potential customers.。

Stefanos Mistrellides, Head of Onboarding Products at Admirals, said: "Customers from European countries with high regulatory and safety standards need partners like Onfido that are groundbreaking, trustworthy and reputable.。Our goal is to continue to build Admirals as Europe's leading fintech destination。"

Admirals Group AS is a fintech company that offers a wide range of financial products and services to clients worldwide through its regulated investment firms, including FX, CFDs, equities and ETFs.。In the 20 years since its inception, Admirals has expanded globally and its trading tools have gained industry recognition.。

Andrea Bondi, senior vice president of digital identity solutions at Onfido, added that the company "helps businesses meet regulatory requirements while ensuring a secure onboarding experience."。

Admirals New Products

The Estonian-based Forex and CFD broker has been actively improving its trading platform and products in recent years.。In 2020, the company began developing a new proprietary online trading platform, which was officially launched in November 2023.。The platform provides users with more than 7,400 financial instruments。

To improve liquidity, Admirals integrates Match-Prime's multi-asset liquidity pool。This brings more simplicity, transparency and security to customers。In August, Admirals released a new automated investment tool called "Automated Investing."。The feature allows investors to optimize their portfolios and invest from their wallets or.MT5 Account Setup Auto Funding。

Meanwhile, Admiral Markets UK Limited, the UK subsidiary of Admirals, reported a slight drop in revenue in the 2022 financial year, a decline of 2%..2%, with total revenue of £6.04 million。The increase in management costs resulted in a pre-tax loss of £267,147.。However, the Admirals Group's overall worldwide business revenue reached €69 million.。

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