Newest Technology Update Provides Businesses with One-Stop Solution for Automated and Electronic Identity Verification
AU10TIX, the global leader in digital identity verification, announced today that it now provides consolidated ID document verification and electronic identity verification results in less than eight seconds through a singular platform for its customers. The update streamlines data access and verification for KYC processes alongside identity screening such as PEP and Sanction, Adverse Media and Finance Probity.
The Power of Consolidated Identity Verification Processes
Through a single service call, AU10TIX can enhance image-based identity verification by leveraging global data sources to asynchronously verify that identity attributes of an individual or business exist and provide information related to an identity in worldwide coverage. This includes lists like OFAC, UN, HMT, EU, and DFAT.
“At a time when identity fraud is exploding and businesses are inundated with digital information, we believe simplification is a powerful weapon in our battle against bad actors,” said Ilan Maytal, Chief Data Officer at AU10TIX. “Data unification and collaboration are the key to tightening up the gaps cybercriminals seek out, which is why we work every day to strengthen and add to the capabilities of our identity verification API on behalf of our customers.”
All-in-One Solution includes Document Authentication with Electronic Identity Verification and Business Verification
In addition to watch lists, AU10TIX updated its identity verification solution to enable several other useful data comparisons for businesses looking to confidently connect with customers as well other businesses such as:
- Checking for the integrity of identity attributes such as full name, address, national ID, or email address
- Enabling necessary verification measures when institutions deal with other businesses as part of a supply chain, stakeholder, beneficiary, or other similar relationship
Static, Siloed Data is Not Sufficient to Maintain a Trusted Identity Ecosystem
Businesses looking to provide safer services to customers worldwide have a lot to balance—from growing expectations around fast, reliable and secure digital access to inspiring and protecting trust while blocking out fraudulent bots and cybercriminals and keeping up with compliance.
To achieve all of this, businesses need tools for continuous and seamless customer due diligence, which is why we’re proud to be recently named the “most automated solution” and “broadest platform of solutions” for identity management by global investment firm William Blair.
Contact us to leverage our four decades of experience and start streamlining and shoring up your identity data processes today.
AU10TIX, an identity management company headquartered in Israel, is on a mission to obliterate fraud and further a more secure and inclusive world. The company provides critical, modular solutions to verify and link physical and digital identities so businesses and their customers can confidently connect. Over the past decade, AU10TIX has become the preferred partner of major global brands for customer onboarding and customer verification automation—and continues to work on the edge of what’s next for identity’s role in society. AU10TIX’s proprietary technology provides results in less than 8 seconds, enabling businesses to onboard customers faster while preventing fraud, meeting compliance mandates and, importantly, promoting trust and safety. AU10TIX is a subsidiary of ICTS International N.V. (OTCQB: ICTSF).