Global Digital Identity Certification (GDIC)

The GDIC is a comprehensive certification framework tailored specifically for companies looking to enhance their KYC/AML processes. Combining the power of ISO/IEC 29115 and Financial Action Task Force (FATF) recommendations, GDIC provides a robust standard that ensures your business meets the highest global requirements for identity verification, security, and financial crime prevention.

• ISO/IEC 29115: An internationally recognised framework that focuses on entity authentication and identity assurance, ensuring the secure verification of individuals and organisations in digital transactions.
• FATF Guidelines: The gold standard for combatting money laundering and terrorist financing, FATF’s guidelines ensure that your business complies with regulations designed to protect the financial system from criminal abuse.

GDIC was created to fill the gaps left by non-existent or inconsistent national regulations and fragmented KYC/AML practices. Many organisations struggle to keep up with constantly evolving compliance standards across multiple jurisdictions. GDIC simplifies and unifies these challenges by:

• A Unified Global Solution: By aligning with ISO and FATF standards, GDIC ensures that your KYC/AML processes meet global compliance, eliminating the complexity of managing different regional standards.
• Reducing Regulatory Risks: Simplifying compliance into one certification that works across all major markets, helping you avoid penalties and the risk of non-compliance.
• Strengthening Identity Assurance: The GDIC certification enhances confidence in the reliability and security of the identities verified through your platform, reducing the risk of identity fraud and related financial crimes.

GDIC is relevant for a many industries where compliance and secure identity verification are essential. Key players who should explore GDIC certification include:

• Identity Service Providers (IDSPs): Deliver trusted, compliant identity verification solutions that meet global standards.
• Compliance Officers: Ensure your organisation adheres to KYC/AML regulations, reducing the risk of penalties and reputational damage.
• Fintech Executives: Demonstrate your company’s commitment to security and compliance, gaining credibility in highly regulated markets.
• Legal and Corporate Teams: Stay ahead of evolving regulations and ensure your clients are meeting global compliance requirements.

GDIC certification is essential for industries handling sensitive financial data or conducting regulated transactions. Some key sectors include:

• Financial Services: Banks, credit unions, and other financial institutions that must comply with KYC/AML regulations to mitigate the risk of financial crimes.
• Fintech and RegTech Companies: Startups and technology providers that need to implement reliable identity verification and compliance processes.
• Cryptocurrency & Blockchain Platforms: Exchanges and digital asset companies that are required to ensure rigorous KYC/AML checks.
• Gambling & Gaming: Platforms dealing with monetary transactions that need to implement secure identity checks to prevent money laundering and fraud.
• Legal & Corporate Sectors: Law firms, auditing firms, and corporations involved in regulated financial activities that need to ensure their operations meet global compliance standards.

By obtaining GDIC certification, your organization can reap several critical benefits, positioning itself as a trusted leader in compliance and identity verification:

• Global Compliance: Aligns with FATF and ISO/IEC 29115, ensuring seamless regulatory adherence across multiple jurisdictions.
• Operational Efficiency: Streamlines compliance audits and reduces the administrative burden of meeting regional standards, saving time and resources.
• Enhanced Trust & Security: Strengthens your organization’s reputation as a trusted provider of secure, compliant identity verification services.
• Market Differentiation: Distinguish your company from competitors by offering internationally certified KYC/AML solutions that build customer confidence and trust.
• Future-Proofing: Stay ahead of regulatory changes with a certification that evolves with emerging global standards and new financial crime threats.

Organisations across industries have benefitted from GDIC certification, significantly enhancing their KYC/AML compliance practices. Here’s what one of our certified providers had to say:

Company: Sumsub – Leading RegTech Solution for Identity Verification

“Being the first player in our space to receive this certification is a significant milestone for us. Achieving the GDIC reaffirms our unwavering commitment to providing the highest level of digital identity services that are recognised and respected across borders and industries. We remain committed to setting new standards across the industry, ensuring that our clients can operate with confidence on a global scale.”
Tony Petrov, Chief Legal Officer

Take the First Step Toward Global Compliance Today!

Are you ready to elevate your organisation’s compliance efforts and build trust with your customers? GDIC Certification provides the assurance and credibility needed to meet the world’s highest standards for KYC/AML compliance.

Contact us today to start your GDIC certification journey and position your company as a leader in secure identity verification.

GDIC offers a comprehensive framework that integrates ISO 29115 and FATF recommendations, setting it apart by providing a global, multi-jurisdictional solution for KYC/AML compliance.

GDIC is ideal for financial services, fintech, RegTech, legal sectors, crypto exchanges, and any organisation involved in identity verification and compliance.

The costs for GDIC certification vary depending on the size of your organization and the complexity of your services. Contact us for a tailored quote based on your specific needs and business structure.

The certification process usually takes between 6 to 8 weeks, depending on the complexity of your identity verification systems and how quickly the necessary documentation is provided. The timeline includes the application review, audit, and final certification issuance.

To apply for GDIC certification, you will need to provide detailed documentation, including:

• Organizational structure and governance.
• KYC/AML compliance policies and procedures.
• Data protection and privacy policies.
• Security protocols for managing digital identities.
• Auditable records of past compliance and identity verification activities.

A full checklist of required documents will be provided upon submission of your initial application.

If your organization does not meet the certification standards during the initial review or audit, we will provide a detailed report outlining areas of non-compliance. You will have the opportunity to address these issues and resubmit for certification. Our team will work with you to help meet the necessary requirements.

GDIC certification is valid for two years. After this period, a renewal process involving a re-audit of your compliance and security measures is required to ensure continued adherence to GDIC standards. Ongoing monitoring and periodic annual assessments will also be conducted during the certification period to maintain your certified status.