ID3Global will improve customer identification, verification and security for social investment network

London 4 November 2013 GBGroup, a global leader in Identity Intelligence, has announced that the world’s largest social investment network, eToro, has selected its ID3global solution to improve the customer sign-up process.

New eToro users will now be able to join the social investment network in minutes, from a desktop, tablet or mobile device, by entering basic information, as opposed to scanning traditional identification documents such as bank statements and passports, and thus delivering a quick, user-friendly and secure sign-up experience.

As a social network, eToro is always looking for ways to simplify how it engages with its community. The customer identification and verification process is a key part of this but with more than 3 million users across 200 countries only a truly global information provider would provide real value. ID3Global delivers this while conforming to regulatory demands and keeping subscribers safe.

Avi Sela, Chief Operations Officer, eToro said: “eToro is a social investment network. We connect investors and traders across the globe to share insight and expertise in a safe and social environment. GBGroup’s technology supports us in our goal to open up the financial markets by making it easy for people, no matter where they are in the world, to join our community. Users can now be up and running in minutes, safe in the knowledge that their personal information is secure.”

Glenn Porter, General Manager International Identity Verification at GBGroup, said: “We are living in a social and digital world, and as consumer expectation grows, service providers and their technology partners must be on the front foot with solutions which enable secure, reliable and speedy registration and identity verification to increasingly complex services. GBGroup are delighted to support eToro in delivering such a unique service to its users and play a part in a rapidly evolving market.”