AU10TIX Improves Automated Document Classification In Its Online ID Authentication & Processing Solution To Speed Up Secure Customer Enrollment

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AU10TIX Limited, forerunner of all-channel (front-end and online) ID authentication and record generation, announced the release of an improved algorithm for automated recognition of ID documents. Unlike other solutions, the AU10TIX system is fully automated and does not require customers to manually enter their nationality and ID type, at either front-end or online onboarding channels.

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Unlike other solutions, the AU10TIX system is fully automated and does not require customers to manually enter their nationality and ID type, at either front-end or online onboarding channels.

While other solutions for online ID authentication and record generations require customers to enter nationality and document type manually, the AU10TOX BOS online solution now offers a superior full-automated solution that works even better then before.

Processing ID document images obtained through online channels continues to be a major challenge for ID authentication and record generation since such images may be produced at any conceivable quality using “non-professional” devices such as smart-phone cameras or office scanners. Standard solutions tackle the problem by “helping the system” with a request from customers to manually enter details such as document type and nationality. This tactic can somewhat reduce overall rates of error but stands in contrast to the whole idea of using automation to speed up and streamlining customer enrollment experience.

The significance of having operating efficiency and customer experience accompany better fraud protection is already well recognized by online service providers. Only recently has a Kofax publication stated, “Many customer origination solutions result in documentation error rates between 20 to 60 percent, forcing the need for multiple human touch points and delays in new customer application processing.”* This adds to the company’s earlier observation that, “Up to 90% of new customers abandon account applications before they are completed.”

The same principle that applies to AU10TIX’s acclaimed FDI front-end solution also applies to the AU10TIX BOS online solution. The result is speedier and less burdening customer enrollment experience, which increases the chances for successful, error-free conversion as well as volume handling capacity.

For more information, visit http://www.au10tix.com

  • For the Kofax publication:

http://www.marketwatch.com/story/kofax-launches-customer-onboarding-solution-2013-03-12

About AU10TIX
AU10TIX Limited, a fully owned subsidiary of ICTS International N.V, deals with the authentication and digitization of identifying documents including Passports, identity cards, driving licenses and other complementary identifying documents. The company specializes in implementing hardware & software based applications used for scanning, identifying, content retrieval, authentication and validation of identifying documents. AU10TIX is a pioneer of all-channel (front-end and online) ID authentication and processing solutions. The company's products drastically reduce identifying document-based fraud, reducing the costs associated with client processing and enabling effective regulatory compliance, while making the sales and support operations speedier and considerably more efficient.
For more information, visit http://www.au10tix.com

About ICTS International N.V.
ICTS specializes in the development and implementation of innovative security concepts and solutions designed to meet the needs of a variety of industries, mainly aviation transportation, border control and sensitive facilities. ICTS International benefits from over two decades of expertise and international operational experience in transportation security, with a particular emphasis on high-risk environments, passenger processing transactions and the integration of security services to provide a comprehensive security solution. It also offers a wide variety of customized training programs, tailored procedures and a wide range of security consulting services. The company has developed and implemented unique technological solutions, based on its comprehensive approach to security, designed to enhance the level of security while accelerating the security check process.
For more information, visit http://www.icts-int.com

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, regarding the Company’s business strategy and future plans of operations. Forward-looking statements involve known and unknown risks and uncertainties, both general and specific to the matters discussed in this press release. These and other important factors, including those mentioned in various Securities and Exchange Commission filings made periodically by the Company, may cause the Company’s actual results and performance to differ materially from the future results and performance expressed in or implied by such forward-looking statements. The forward-looking statements contained in this press release speak only as of the date hereof and the Company expressly disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in the Company’s expectations or future events.

Contact:
AU10TIX
Ofer Friedman, Director of Marketing
Email: ofer.friedman(at)au10tix(dot)com
Tel.: +972-50-4 71 71 50

ICTS International NV
Alon Raich + 00-972-974-47770
mail(at)ictsinternational(dot)com

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Ofer Friedman
AU10TIX Limited
+972-50-4 71 71 50
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