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VeriDoc Secures Acceptance into IBM Program
Australian headquartered VeriDoc Limited has received acceptance into the IBM Global Entrepreneur Program and will utilise its distributed ledger technology as part of its solution.
The IBM Program which equips start-ups to quickly bring solutions to market on the industry leading distributed ledger technology platform will accelerate VeriDoc’s product development.
Acknowledging the potential of IBM’s technology to fast track product development VeriDoc’s Joint Managing Director Mr Steve Chant said this is a significant step in the VeriDoc journey.
“The unique permission structure of the IBM distributed ledger, means that no one can add or alter VeriDoc’s PDFs without a record of change being created.”
“This ensures the VeriDoc solution is secure and synchronised at every point,” Mr Chant said.
IBM Global Entrepreneur APAC, Director Mr Brendan Yell welcomed VeriDoc to the IBM Global Entrepreneur Program.
“We are excited to be working with a company who is harnessing the transparency and permission based benefits of the system.”
“VeriDoc is one of only a small number of start-ups we are working with in the Asia Pacific region who are leveraging the distributed hyper ledger to this extent,” Mr Yell said.
VeriDoc is an anti-fraud document verification system that ensures the user is looking at a true and correct document created by the issuer.
The cryptographically signed ‘VeriDoc’ is verified with a digital imprint being stored permanently on a public blockchain network.
Using any third party QR reader, users can verify the authenticity of a VeriDoc document instantly.
The QR code and associated signature information in blockchain can never be altered therefore it ensures a document’s content is protected. With experts predicting the application for this technology to grow, VeriDoc is currently targeting academic institutions, banks and government agencies.
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Tencent Cloud Powers iyzico’s European Expansion with Secure, Scalable Payment Infrastructure
At Mobile World Congress (MWC) 2026, Tencent Cloud, the cloud business of global technology company Tencent, announced a collaboration with iyzico, a leading Turkish fintech company, to support iyzico’s European expansion and the launch of its first cloud-based production platform in the region. Built on Tencent Cloud’s IaaS infrastructure, the deployment reflects its growing role in supporting regulated financial institutions across Europe’s fintech ecosystem.
GTT Integrates Insurants AI to Power Insurance Data Intelligence Across Regulated Markets
With a vision to develop India-built data and AI platforms for global deployment, GTT Data Solutions Ltd (“GTT”), a BSE-listed global data engineering and AI platform company, has integrated Insurants AI Limited, a specialist in insurance data intelligence, analytics, and harmonisation that focuses on enabling intelligent data management, automation, and decision intelligence for enterprises across insurance, banking, and other highly regulated sectors. This move strengthens GTT’s insurance technology capabilities across the U.S., UK, Europe, India, and APAC, positioning the company as a provider of next-generation insurance data and intelligence solutions.
The Paytech Magazine Issue #18
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Napier AI Targets Critical Gaps in AML with Launch of Insights AI, Tested in FCA Supercharge Sandbox
Napier AI, a global leader in AI-powered financial crime compliance solutions, announces its latest AI innovations are available in product Insights AI, a new capability within their Transaction Monitoring solution designed to close critical gaps in anti-money laundering (AML) investigations. This follows extensive testing in the Financial Conduct Authority (FCA) Supercharged Sandbox.
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