AU10TIX
Cybersecurity Europe Fintech Trending

AU10TIX Restructures Product Portfolio to Ease Customer Journey

Identity verification and management technology provider AU10TIX has completed the restructuring of its product portfolio, as it aims to better align with market trends and cater to existing and new clients.

AU10TIX has now simplified its product offerings into four key product suites. The move hopes to enhance its customer experience by simplifying choices and enabling customers to easily select the suite that best suits their business needs.

The consolidated suite enables businesses to provide a seamless and integrated identity management process for employees, partners and customers, facilitating accurate and reliable service across a wide range of business needs and requirements. This includes KYC and AML regulations, age and document verifications, new account onboarding, sophisticated organized fraud and more.

AU10TIX’s suite is designed to evolve and adapt to future needs, ensuring that businesses are well-prepared to address emerging challenges in the ever-changing landscape of identity verification.

Dan Yerushalmi, CEO at AU10TIX, discussed the news: “We are thrilled to unveil our revitalised product portfolio, marking a new chapter in our identity journey. This transformation represents our continued commitment to delivering exceptional experiences to our valued customers. Our holistic identity management solution also promises to safeguard businesses and customers against the most sophisticated identity fraud, both now and in the future.”

The AU10TIX portfolio comprises four new suites:

Identity Verification Suite

This solutions suite aims to meet all business identity verification needs under one roof. It offers ID, age, and address verification, along with voice and video consent, face comparison, and liveness testing. It also enables anti-money laundering (AML) compliance, including politically exposed persons and sanction screening.

Serial Fraud Monitor

Serial Fraud Monitor uses advanced neural network technology to provide businesses with real-time protection against sophisticated ID fraud, including swarm attacks and synthetic fraud. The solution provides fraud detection, traffic-level fraud analysis, reputation scoring and consortium validation, and post-breach cleanup. In Q1 2023, Serial Fraud Monitor protected companies against $1.3billion in business fraud.

Reusable Digital ID

A collaboration with Microsoft to provide verifiable credentials (VC) architecture for identity management. Reusable Digital ID simplifies identity verification for organizations and their customers. This multi-language solution includes automated data extraction and verification, as well as advanced liveness detection technology. The solution streamlines and accelerates ongoing ID verification, reduces onboarding costs, automates workflows, and enhances the security of sensitive data.

The AU10TIX Platform

A platform with API, web and mobile SDKs for seamless no-code integration, an app for remote onboarding or on-the-spot verification, a workflow orchestrator, and the ability to define rules and effectively handle exceptions.

Author

Related posts

BNPL Uplift Expands Airline Partners to 16 Following Southwest Airlines Partnership Announcement

Francis Bignell

Boris Johnson New PM – Industry Reacts to Ascent of BoJo the Clown

Jason Williams

Kompli-Global: The Importance of Keeping UK Regtech at the Forefront of Global Compliance

Polly Jean Harrison