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Going Glocal: Onfido and Guest Speaker Andras Cser Discuss Unlocking Global Growth Amid Europe’s Regulatory Maze

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Experts discuss how companies can scale globally while navigating Europe’s complex and fragmented regulatory landscape without compromising user onboarding experience
SAN FRANCISCO and LONDON, Oct. 25, 2023 /PRNewswire/ — Onfido, the global leader in automated identity verification, today published an on-demand webinar, “Staying Ahead of the Regulatory Curve,” that examines the complex and rapidly evolving regulatory landscape facing businesses looking to onboard customers using remote identity verification in Europe.

The webinar examines the state of regulation across Europe, explores how companies are adopting a “glocalization” approach to remote identity verification in order to scale; and takes a look at what the future holds for online identity verification with the advent of electronic IDs (eIDs).
“The complexity of regional regulations means companies seeking to operate across Europe need flexible solutions to orchestrate country-specific compliant workflows,” said Julien Rizzo, Compliance Product Manager at Onfido. “It comes down to what products you’re looking to offer. We’re seeing many customers moving from a passporting regime to focusing on local compliance strategies.”
Key highlights from the discussion include:
The EU has a complex patchwork of country-specific regulations for remote identity verification, such as live video call in Germany and the PVID framework in France. Organizations must deploy compliant onboarding workflows for each country in which they operate.Global companies expanding into Europe would be best served by focusing on meeting modern IDV standards like ETSI TS 119 461 and understanding how these standards contrast with the locally approved regulatory solutions for KYC.Major regulatory changes coming in the next few years will impact remote identity verification, including the EU’s eIDAS v2 digital identity framework and the new EU measures against money laundering and terrorist financing. The aim is interoperability, but variation will likely persist for 3-5 years.Organizations should partner with identity verification vendors who can help navigate regional complexity, demonstrate compliance to regulators, and stay ahead of the evolving regulatory and fraud landscape.Onfido is the only identity verification provider that can provide global coverage, with support for over 2,500 documents from 195 countries, while also helping companies meet country-specific compliance requirements. In June, Onfido’s Real Identity Platform achieved ETSI TS 119 461 certification, the latest European technical standard for identity proofing and trust services by the European Telecommunications Standards Institute (ETSI). The independent certification established Onfido as the first global provider to support customers’ international expansion ambitions with ETSI and the UK Digital Identity and Attributes Trust Framework certification (including M1A, H1A and H2B certificates). Onfido is also NIST Face Analysis Technology Evaluation (FATE) certified as of September 2023 appearing in the top ten most effective providers at passive face presentation attack detection (PAD).
“As CCO at SwissBorg, I must wear two hats — one for compliance, and one for onboarding. This delicate balance of risk and user experience has been made easier to navigate with Onfido’s approach to verifying user identities at scale,” said Christophe Diserens, Chief Compliance Officer, SwissBorg.
“At TBI Bank we’re building a business that grows with and around our customers. Onfido is an enabler of this experience, allowing us to increase our Sales while remaining secure and compliant. It gives us peace of mind, and our customers a very smooth checkout,” said Armen Matevosyan, Chief Commercial Officer, TBI Bank.
The webinar’s panel of experts included Charlotte Hall, Senior Legal Director at Onfido and Julien Rizzo, Compliance Product Manager at Onfido, and guest speaker Andras Cser, Vice President and Principal Analyst at Forrester.
With the surge of remote identification during COVID there’s also been a surge in the complexity and sophistication of online fraud. Identity fraud has risen 43% year-over-year with deepfakes becoming increasingly common, making it vital for companies to take a proactive approach to fraud prevention.
Onfido’s Real Identity Platform provides industry-recognized AI-powered document and biometric verifications, offering fraud detection via passive device signals, duplication checks, and connectivity with global external databases. It has earned market recognition from:
Gartner: 2023 Market Guide to Identity VerificationForrester: A Strong Performer, The Forrester Wave™ for Identity Verification Solutions, Q4 2022Frost & Sullivan: Onfido 2023 Fraud Detection and Prevention Company of the YearLiminal: Market Leader in Account Opening for Financial ServicesG2: picking up 7 leader badges in G2’s 2023 Fall Reports CogX Awards: Best Innovation in Computer Science 2023AI Breakthrough Awards 2023: Best use of AI for AuthenticationFor more information on Onfido’s approach to scaling compliance, visit Onfido or its Italian, French or Spanish websites.
About Onfido Onfido makes digital identity simple. The Onfido Real Identity Platform allows businesses to tailor verification methods to individual needs in a no-code orchestration layer, combining document and biometric verification, data sources, and passive fraud signals. Onfido Atlas™ AI powers the platform’s fully automated, end-to-end identity verification. Developed in-house for over 10 years, it’s how Onfido ensures its analysis is fair, fast, and accurate. 
Recognised as a global leader in AI for identity verification and authentication, Onfido is backed by TPG Growth, Idinvest Partners, Crane Venture Partners, Salesforce Ventures, M12 (Microsoft) and others. They partner with over 1,000 businesses globally to help millions access services every week – from billion-dollar institutions to hypergrowth start-ups.  
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Northern Data Group is first in Europe to acquire NVIDIA H200 GPUs

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First in Europe to acquire NVIDIA H200 GPUs – currently the most powerful GPUs on the market The deployment further expands the Group’s Generative AI CSP offering, already the largest in Europe Further demonstration of the Group’s continued commitment to providing best-in-class technologies FRANKFURT, Germany, July 1, 2024 /PRNewswire/ — Northern Data Group (Ticker symbol German stock market: NB2, ISIN: DE000A0SMU87), a leading provider of High-Performance Computing (HPC) solutions, today announces it has purchased NVIDIA H200 GPUs through a newly established partnership with Supermicro, a global leader in Application-Optimized Total IT Solutions.

Northern Data Group’s cloud platform, Taiga Cloud will be the first Cloud Service Provider (CSP) in Europe to offer access to the H200 GPU hardware, with delivery and deployment scheduled for Q4 2024. The partnership with Supermicro for the NVIDIA H200 GPUs will further build its HPC solutions and complement its existing offering of best-in-class GenAI technologies.
This purchase of the H200 GPUs demonstrates Northern Data Group’s commitment to offering the best-in-class technology to its customers, as it continues to expand its cloud solutions offering, while also maintaining its position as Europe’s first and largest dedicated Generative AI Cloud Service Provider.
The first full island of over 2,000 NVIDIA H200 GPUs utilizing BlueField-3 data processing units (DPUs) and NVIDIA Mellanox CX7 NICs, to deliver 32 petaFLOPS of performance. The configuration of NVIDIA-referenced architecture allows customers to access more bandwidth, faster, and more efficient data storage access. The H200 GPUs will be housed in one of Northern Data Group’s European data centers, powered by carbon-free, renewable energy and boast a Power Usage Effectiveness ratio of less than 1.2.
Aroosh Thillainathan, Founder and CEO, Northern Data Group, commented:
“Our GenAI platform is constantly evolving and we are proud to collaborate with Supermicro to be the first in Europe to offer access to NVIDIA H200 GPUs. This is testament to our commitment to continually offer industry-leading, next-generation solutions. 
“As an Elite Partner of NVIDIA, we are proud to continue to offer cutting-edge technology, deployed in line with recommended architecture references to maximize the technology.” 
Vik Malyala, President & Managing Director, EMEA; SVP, Technology & AI, Supermicro commented:
“We are excited to collaborate with Northern Data Group to expand its GenAI Cloud offering to include Supermicro GPU servers based on latest Nvidia H200 HGX GPUs.  Supermicro is fully committed to delivering most performant and energy efficient AI infrastructure and solutions, and this collaboration will accelerate availability and bring the best value for customers in Europe.”
About Northern Data Group: 
Northern Data Group (ETR: NB2) is a leading provider of High-Performance Computing (HPC) solutions to businesses and research institutions, utilizing GPU- and ASIC-based solutions. Our flexible compute power fuels innovation in our three core business platforms: Taiga Cloud, Ardent Data Centers, and Peak Mining. Through our HPC solutions, we pioneer ambitious computing innovation that drives progress in the AI, ML and Generative AI industries. Our close collaboration with industry-leading manufacturers including Gigabyte, AMD, and NVIDIA is fundamental to the acceleration of innovation across sectors including life sciences, financial services, and energy. 
About Taiga Cloud:
Taiga Cloud, a Northern Data Group platform, is Europe’s first and largest Generative AI Cloud Service Provider. We provide a flexible, secure and compliant cloud-based ultra-fast GPU Network, engineered to meet organizations’ most ambitious compute needs. Taiga Cloud recognizes that high-intensity, large-scale processing power is crucial for accelerating Generative AI models and research which will deliver a new era of technological breakthroughs. Taiga’s energy-efficient Cloud is powered by Europe’s largest cluster of NVIDIA A100 Tensor Core and H100 Tensor Core GPUs, helping enable organizations to accelerate AI and ML innovation on demand, with technology that is fully scalable.

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Dawn Health and Merck are collaborating to support Growth Disorders care

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COPENHAGEN, Denmark, July 1, 2024 /PRNewswire/ — Dawn Health, the digital health company pioneering patient-first innovation, has announced they are working with leading global pharmaceutical company, Merck, on a digital solution for Growth Hormone Disorders (GHD).

Over the next two years, they will join forces to deliver a cutting-edge, user-centric digital platform, designed to help improve the lives of tens of thousands of patients across more than 40 countries.
By harnessing the latest AI technologies, the collaboration will also involve exploring the integration of features such as growth predictions and advanced personalization into the digital product, with excitement about AI and its potential for impact on user experience, adoption, adherence, and treatment outcomes. The digital solution will provide support to children and young adults living with GHD, as well as providing tools and support to their caregivers, both at home and in a clinical setting. 
With a shared commitment to improving patient lives, the collaboration will focus on patient-centricity to deliver an intuitive, engaging product that supports users and caregivers throughout their treatment journey. This means speaking with patients to truly understand their unmet needs and how the solution can best address these, as well as hearing from caregivers and healthcare professionals about how to best empower and support those living with GHD.
The collaboration is already off to a strong start, with workshops and inspiring discussions happening between the teams at Dawn Health and Merck, as they work together to deliver a cutting-edge platform on a global scale to improve the lives of people living with Growth Hormone Disorders.
About Merck
Merck, a leading science and technology company, operates across life science, healthcare and electronics. Around 63,000 employees work to make a positive difference to millions of people’s lives every day by creating more joyful and sustainable ways to live. From providing products and services that accelerate drug development and manufacturing as well as discovering unique ways to treat the most challenging diseases to enabling the intelligence of devices – the company is everywhere. In 2023, Merck generated sales of € 21 billion in 65 countries. Scientific exploration and responsible entrepreneurship have been key to Merck’s technological and scientific advances. This is how Merck has thrived since its founding in 1668. The founding family remains the majority owner of the publicly listed company. Merck holds the global rights to the Merck name and brand. The only exceptions are the United States and Canada, where the business sectors of Merck operate as MilliporeSigma in life science, EMD Serono in healthcare, and EMD Electronics in electronics.
All Merck press releases are distributed by e-mail at the same time they become available on the Merck website. Please go to www.merckgroup.com/subscribe to register online, change your selection or discontinue this service.
About Dawn Health
Dawn Health is a global leader in digital health, specializing in the development of software as a medical device (SaMD) and digital therapeutics (DTx). Partnering with pharmaceutical companies, Dawn Health accelerates the launch of digital solutions to change the lives of people with chronic conditions.
Media Contacts
For questions about [email protected] 
For questions about Dawn HealthChristopher Kold, [email protected]
 

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Transforming Healthcare with AI: Yidu Tech’s Gong Rujing at Summer Davos

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DALIAN, China, July 1, 2024 /PRNewswire/ — “AI in healthcare is extremely challenging. For companies, it requires not only solving scientific problems but also understanding AI technology and respecting the complexity of the healthcare industry.” At the 15th Annual Meeting of the New Champions, also known as Summer Davos, Ms. Gong Rujing (Yingying), Chairwoman and Founder of Yidu Tech, was invited as a distinguished representative of the healthcare technology sector. She shared her unique insights into the future of AI in healthcare during the thematic dialogue on “Healthcare Analytics, Not Moving Fast Enough.”

This year marks the 10th anniversary of Yidu Tech and Ms. Gong Rujing’s decade-long dedication to the healthcare industry. From the inception of her entrepreneurial journey 10 years ago, she has been driven by the mission to leverage the power of technology to deliver precise healthcare to every individual.
Ms. Gong described the past decade as a journey filled with miracles and achievements. During this period, Yidu Tech has progressively established close collaborations with key stakeholders in the healthcare industry, including government agencies, hospitals, pharmaceutical companies, insurance firms, experts, and clinicians. As of March 31, 2024, Yidu Tech’s “AI Medical Brain” YiduCore has been authorized to process and analyze over 5 billion medical records, covering more than 2,500 hospitals.
In AI-powered clinical research, Yidu Tech has supported researchers and clinicians in producing over 240 high-level papers, accelerating the application of research outcomes. Additionally, Yidu Tech provides clinical trial services to globally renowned pharmaceutical companies, helping them optimize trial processes, reduce costs, and bring new drugs to market more swiftly, ultimately benefiting patients. In healthcare management, Yidu Tech’s AI technology plays a crucial role by analyzing vast amounts of medical data to provide comprehensive decision support to healthcare administrators, helping them optimize resource allocation and improve service efficiency.
“We are now entering a new era of AI technology.” The development of large language model technologies has opened up new possibilities across various industries. Yidu Tech has independently developed a large language model specific to the medical field and is advancing its application across the entire healthcare industry chain. The goal is to promote further progress and innovation through new AI technologies. However, Ms. Gong also emphasized that the healthcare industry is professional, complex, and sensitive, and the application of new technologies must address challenges such as data security, privacy protection, and ethics.
“Data security and privacy protection are fundamental to the development of AI technology and medical big data technology. We must ensure that all stakeholders are satisfied with compliance, security, accessibility, and privacy protection.”
“AI technology still has a long way to go.” She called on policymakers, healthcare institutions, and technology companies to work together to realize the immense potential of healthcare data. Ms. Gong highlighted that building trust is key, and enhancing data operability is essential to fully unleash the power of data. “It’s not just about better data quality; it’s about a better future for health.”

View original content:https://www.prnewswire.co.uk/news-releases/transforming-healthcare-with-ai-yidu-techs-gong-rujing-at-summer-davos-302186561.html

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