GlobeNewswire

Danal Inc. Partners with O2 in the UK to Provide Mobile Identity

Dela

SAN JOSE, Calif., Dec. 21, 2017 (GLOBE NEWSWIRE) -- Danal, Inc., a global leader in mobile identity and authentication solutions, today announced a partnership with one of the UK's leading digital communications companies, O2. Danal and O2 have joined forces to address the growing demand for mobile identity services in the UK, providing services for digital eKYC and identity proofing for regulated online services.

Danal will manage this service from its EU based regional office and operations team. Danal is experiencing a growing demand for its mobile identity solutions in the UK which is driven by the continuously evolving KYC and AML compliance requirements.  The advent of PSD2 and GDPR regulations are also creating increased demand. The partnership with O2 includes the provision by O2 of GSMA based industry standard identity services.

Danal's real-time identity proofing solutions are deployed today with a host of brand-name financial services and online retail customers.  Danal's patented technology and processes are rapidly being commercialized around the globe.  The company combines its strong mobile operator partnerships with its patented technology platform to offer best-in-class, real-time mobile identity solutions for companies seeking a reliable and secure commerce experience for their end consumers.

"O2 is one of the most recognized and leading brands in the UK.  We will bring them the best solutions and brands in the market," said Jim Greenwell, CEO at Danal, Inc. "This partnership marks a key milestone in our European and Global expansion of these new Mobile Identity services."

About Danal

Danal, Inc. is the premier provider of mobile identity and authentication solutions driven by unique real-time connections to mobile operator networks and data. Danal's Mobile Identity platform offers financial institutions and major retailers groundbreaking mobile transaction risk management services, compliance services such as TCPA and KYC, and streamlined, customer conversion solutions that lower customer abandon rates during registration and checkout.  Danal, Inc. is a privately held US company whose investors include Discover Financial Services, Morgenthaler Group, Orange, Bangkok Bank and majority shareholder Danal Co, Ltd., a publicly traded company (KOSDAQ) based in South Korea.  For more information, visit: www.danalinc.com.

About O2

O2 is the commercial brand of Telefónica UK Limited and is the mobile network operator with the highest customer satisfaction in the UK according to Ofcom and The Institute of Customer Service. With over 25 million customers, O2 runs 2G, 3G and 4G networks across the UK, as well as operating its nationwide O2 Wifi service. O2 has over 450 retail stores and sponsors The O2, O2 Academy venues and England Rugby. Read more about O2 at o2.co.uk/news.

Telefónica UK Limited is registered in England and Wales. Registration number: 1743099.
Its registered office is at: 260 Bath Road, Slough, Berkshire, SL1 4DX, United Kingdom.

Contact Information:
marketing@danalinc.com 




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Danal, Inc. via Globenewswire

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