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GB Group PLC (GBG)

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Thursday 12 April, 2012

GB Group PLC

ID Verification Extended to Additional Countries

RNS Number : 1718B
GB Group PLC
12 April 2012
 



RNS Reach

12 April 2012

GB Group PLC

 ("GB Group")

 

GB Group Expands its Electronic Identity Verification Suite to Incorporate Germany, Austria, Switzerland and the Netherlands

GB Group, the identity management specialist, today launches additional country coverage to provide full age, identity and anti-money laundering verification to businesses wishing to trade with citizens in Germany, Austria, Switzerland and the Netherlands. Enabled by GB Group's award winning global ID3 technology, part of its global suite of Identity Management tools, GB Group can now provide in-depth identity verification on German, Austrian, Swiss and Dutch citizens.

GB Group remains focussed on expanding its global verification capability and the addition of these four geographies to its Identity Management product suite means GB Group now has the facility to provide in-depth identity verification in 14 countries that represent 44% of global GDP. 

Richard Law, CEO of GB Group comments, "With a growing number of online organisations seeking to trade cross-border with consumers, our ability to provide in depth identity verification in an increasing number of geographies provides GB Group with a significant competitive advantage. With this additional coverage and the flexibility of our technology we are well placed to respond to changes in regulation, such as the forthcoming 4th EU Money Laundering Directive and the European Commission's review of the Online Gaming market in Continental Europe. This will provide our clients with the ability to onboard their customers in a safe and compliant environment via one single solution. The latest country coverage added to our solution moves us closer to our vision to provide in-depth verification of 'Anyone, Anywhere, Anytime'."

 

For further information, please contact:

 

GB Group plc

01244 657333

Richard Law, Chief Executive


Dave Wilson, Finance Director




Peel Hunt LLP (Nominated Adviser and Broker)

020 7418 8900

Richard Kauffer


Daniel Harris




Newgate Threadneedle

020 7653 9850

Caroline Evans-Jones


Heather Armstrong


 

Editors' Notes

 

Who are GB Group

 

The most successful organisations recognise the value of understanding your individual identity - who you are, what you need and what you like. GB combines this concept of identity with technology to create an environment of trust so that organisations can connect, communicate and transact with consumers safely, responsibly and profitably. We call this identity management.

 

GB Group has four complementary identity management offerings:

 

·      ID Verification, which provides the ability to verify consumers' identities remotely, without the physical presentation of documentation, in order to combat ID fraud, money laundering and restrict access to under age content, purchases and gambling

 

·      ID Customer Registration, which includes software and services for quick and accurate customer registration and validation of records

 

·      ID Marketing Services, which provides database services so our clients can better understand, target and retain their customers and offers accurate and up-to-date identity information for their contact strategies 

 

·      ID Tracing Services, which provides the largest and most accurate picture of the UK's population and properties in order to locate and contact the right individual, first time

 

This enables our clients to make informed business decisions based on a thorough knowledge of consumer identity and behaviour, leading to more effective communication and interaction with the customer.

 

GB Group is listed on the London Stock Exchange (GBG). For more information, please visit GB Group's website: www.gb.co.uk

 

GB Group - because identity matters™  

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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