AU10TIX has rebranded its product portfolio, and is now offering four distinct product lines. These include its Identity Verification Suite, Serial Fraud Monitor, the AU10TIX Platform, and Reusable Digital ID, with the latter being a Verifiable Credentials architecture solution developed in collaboration with Microsoft.
The Identity Verification Suite is a comprehensive solution that covers all aspects of identity verification, from document and biometric checks to AML compliance and liveness testing. The suite enables businesses to provide a seamless and secure customer experience across various use cases and industries. The suite also leverages AU10TIX’s advanced neural network technology to deliver fast and accurate results in 8 seconds or less.
The Serial Fraud Monitor is a cutting-edge solution that protects businesses from sophisticated identity fraud, such as swarm attacks and synthetic fraud. The solution uses real-time data analysis, reputation scoring, consortium validation, and post-breach cleanup to detect and prevent fraud attempts. According to AU10TIX, the Serial Fraud Monitor protected companies against $1.3B in business fraud in Q1 2023.
The Reusable Digital ID allows customers to create a reusable digital identity that can be verified by multiple parties without disclosing sensitive information. The solution also empowers customers to control their own data and privacy preferences.
The AU10TIX Platform is the underlying technology that powers all the other solutions. It is a scalable, flexible, and resilient platform that can handle high volumes of identity verification requests across multiple channels and regions. The platform also integrates with various third-party providers and systems to offer a seamless and customized identity verification process.
Announced amid this week’s Money20/20 Europe event, the rebrand was framed by AU10TIX as ‘a move to better align with market trends and cater to existing and new clients’.
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June 8, 2023 – by The FindBiometrics Editorial Team
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