AU10TIX Awarded Enterprise Service of the Year for its Fraud Intelligence Platform and Artificial Intelligence (AI) Neural Network Technology, INSTINCT
NEW YORK, NY and TEL AVIV, ISRAEL – August 17, 2022 – AU10TIX, a leading global provider of fully automated identity verification technology powered by cutting-edge machine learning and artificial intelligence (AI), has been named the gold winner in Enterprise Service in the 10th annual Best in Biz Awards International, the only independent global business awards program judged each year by prominent editors and reporters from top-tier publications from around the world.
AU10TIX’s fully-automated technology, unlike traditional, semi-manual identity verification products, returns identity verification results in a matter of seconds, enabling businesses to onboard customers faster while preventing fraud, meeting compliance mandates, and, importantly, promoting trust and safety in today’s world of physical–digital transactions. In response to an increase in identity fraud, AU10TIX utilizes INSTINCT, its anonymous platform designed to unify the business community around global identity signals that can fight synthetic identity fraud by detecting criminal attempts to create multiple accounts using fraudulent ID credentials that have already penetrated the service provider’s system.
Winners in the 10th annual program were determined based on scoring from an independent panel of judges hailing from a wide spectrum of top-tier publications and media outlets and representing a total of 15 countries from all continents. Each year, only editors, writers and contributors to business, consumer, financial, trade, and technology publications, as well as broadcast outlets and analyst firms, serve as judges for the Best in Biz Awards. The program’s uniqueness stems, in part, from this unparalleled composition of its judging panel, enabling it to best leverage the judges’ objectivity, experience and unmatched expertise to determine award winners.
This year’s judging panel included writers, editors, and broadcasters from such publications as Data Breach Today, HTMAG (Israel), Huffington Post, NDR (Germany), Panorama Magazine (United Arab Emirates), Small Business IT (Canada), TechRadar (UK), as well as other outlets from Australia, Brazil, Canada, India, Indonesia, New Zealand, Nigeria, United Kingdom and more.
“Businesses owe it to themselves and their customers to foster a trusted ecosystem of verified individuals and entities—which isn’t easy with up to 95% of synthetic fraud going undetected,” said Carey O’Connor Kolaja, CEO, AU10TIX. “AU10TIX crystalized the orchestration of authentication with a single API that allows rapid integration, frictionless automation and simplified ongoing compliance. As AU10TIX continues to enable businesses to provide safer services, promote trust and seamlessly secure everyday access to life, work and play. We are thrilled to be honored with gold by the Best in Biz Awards.”
Over the past 10 years and throughout a global pandemic, the Best in Biz Awards have seen applications from the best in global business. While 2022 continued to be a year of challenges for numerous industries, the winning entries ultimately showcased incredible innovation, resilience, and growth. The Best in Biz Awards 2022 International honors were presented in a range of categories, including Fastest-Growing Company of the Year, Most Innovative Company of the Year, Customer Service Department of the Year, Executive of the Year, Enterprise Product, Most Innovative Product and Corporate Social Responsibility Program of the Year
AU10TIX, a global identity intelligence leader 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). For more information, visit AU10TIX.com.
Since 2011, Best in Biz Awards has made its mark as the only independent business awards program judged each year by a who’s who of prominent reporters and editors from top-tier publications from North America and around the world. Best in Biz Awards honors are conferred in two separate programs: North America and International, and in more than 100 categories, including company, team, executive, product, and CSR, media, PR and other categories. For more information about the International program, see: bestinbizawards.com.