Grants and Contributions:
Title:
ID Verification
Agreement Number:
1017713
Agreement Value:
$69,900.00
Agreement Date:
May 1, 2024 - Aug 31, 2024
Description:
The project aims to enhance the company's security and customer trust by implementing digital ID verification ("IDV"), and launching an AI legal document creator via chatbot.
Digital ID verification will streamline customer onboarding, reducing fraud and ensuring only legitimate users access the company's services. This process involves verifying user identities through identity document checks and real-time authentication techniques.
These technical capabilities will lead to new revenue streams, in particular for clients such as banks who only need to verify the identity of their customers and do not necessarily require digital notary services.
Lastly, the digital IDV system is required to launch online notary services in the US market.
Organization:
National Research Council Canada
Expected Results:
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Location:
Oshawa, Ontario, CA L1H 8C1
Reference Number:
172-2024-2025-Q1-1017713
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
734419484
Recipient Type:
For-profit organization
Recipient's Operating Name:
NotaryPro
Recipient's Legal Name:
NOTARYPRO TECHNOLOGIES INC.
Federal Riding Name:
Oshawa
Federal Riding Number:
35074
Program:
Industrial Research Assistance Program – Contributions to Firms
Program Purpose:
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Coverage:
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.
NAICS Code:
511211