IdentityMind Global Ranked as Most Promising Solution Provider in CIO Review’s 2015 Compliance Issue

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CIO Review has ranked IdentityMind on their list of the 20 most innovative and cost-effective solutions for managing regulatory compliance. The award notes the company’s identity-based approach to risk management, anti-money laundering, and fraud detection for financial services, and is the company’s second industry recognition in two months.

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We’re honored by the award, and this recognition from CIO Review is a further testament to the dedication of our team, our platform, and our approach to risk management.

IdentityMind Global, the pioneer in digital identities for anti-money laundering and risk management, welcomed their second award of 2015 today as one of CIO Review’s 20 Most Promising Compliance Solution Providers. CIO Review, the ‘Navigator for Enterprise Solutions’ released the list today in their third annual special on Governance, Risk and Compliance, which can be found on The award follows IdentityMind Global’s October recognition as a 2015 FinTech Forward Company to Watch.

CIO Review’s annual edition on Governance, Risk, and Compliance features interviews from Chief Compliance Officers (CCOs), Ethics Officers, Risk Managers, Audit Managers, and other influential decision makers across a breadth of verticals to understand the biggest challenges in compliance issues and enterprise needs. The 20 Most Promising Technology Solution Providers list is the result of analyzing more than 500 companies providing Governance, Risk, and Compliance solutions across several industries.

“Once again, we’re honored by the award, and this recognition from CIO Review is a further testament to the dedication of our team, our platform, and our approach to risk management,” said Garrett Gafke, IdentityMind Global President and CEO. “Mitigating risk in the financial ecosystem needed to evolve. We knew it and so did the industry. The current infrastructure of identities, which is mostly based off credit bureaus, is far too static for emergent businesses. Digital identities must evolve at the pace of digital transactions. This is what our core technology does; this is why we can solve fraud, financial crimes, and regulatory challenges across the digital financial spectrum in real-time. We’re building integrity back into the ecosystem.”

As the pioneer and thought leader in digital identities, the IdentityMind™ platform uses proprietary electronic DNA (eDNA™) and a network of third-party service and data providers to build the industry’s first network of shared reputations. These shared digital identities are updated across the IdentityMind customer network in real-time, allowing banks, merchants, internet lenders, remittance companies, Payment Service Providers, virtual currency exchanges, and online financial institutions to benefit from the cumulative experience of the entire network, including both positive (trusted, verified details) and negative results (fraudulent transactions, failed verifications).

The IdentityMind™ platform is active globally, providing compliance and risk management services for institutions worldwide. The platform’s unique approach to risk is particularly applicable for verifying previously difficult demographics such as unbanked and underbanked communities worldwide, where there are little or no existing databases.

The IdentityMind™ platform is available immediately for clients worldwide. To see CIO Review’s complete list of the 20 Most Promising Compliance Solution Providers, visit

For more information about IdentityMind Global and the IdentityMind™ platform, please contact

About IdentityMind Global™:

IdentityMind Global™ is a financial technology company offering an on-demand platform providing payments, risk management, fraud prevention and anti-money laundering services for Acquiring Banks, Payment Processors and Gateways, Payment Service Providers (PSP/ISO/MSP,IPSP), Digital Currency Exchanges, Financial Institutions (Banks, Money Service Businesses (MSBs), Money Transmitters, Online Lenders) and e-Commerce Merchants.

These services are offered in real-time using patent-pending Electronic DNA (eDNA™) technology to track the different entities (consumers, merchants, cardholders, payment wallets, alternative payment methods, etc.) involved in a transaction. It builds reputations associated with these entities, which are then used in evaluating fraud, merchant account applications, consumer account origination, identity verification services, potential money laundering, and more. These reputations are shared during analysis so everyone can benefit from the “network effect” while protecting the privacy of all entities involved.

© 2015 IdentityMind Global. All rights reserved. IdentityMind, IdentityMind Platform, IdentityMind eDNA™, IDMPay and the IdentityMind logo are trademarks or registered trademarks of IdentityMind Global, Inc. in the United States and other countries. All other brand, service or product names are trademarks or registered trademarks of their respective companies or owners.

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Geo Coelho
since: 02/2012
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