the new AU10TIX online service (BOS) algorithm features improved recognition of borderline quality ID images and even recognize and single in ID document images that have not been predefined for the system but can be valuable for service providers.
Nicosia, Cyprus (PRWEB) October 27, 2014
AU10TIX‘s upgraded online ID authentication and record generation service (BOS) represents a significant leap in effective coverage and operating efficiency in online and mobile channels. While traditional template matching based solutions suffer from high image misrecognition or failure rates, the new algorithm can recognize universal identifying document features even if not predefined or if image quality is borderline. By improving traffic screening capabilities more relevant or potentially relevant ID images are recognized and submitted for processing. At the same time back-office operation can deal with less irrelevant or unworkable image “noise” which costs unnecessary time and resources.
“Online service providers who tried traditional solution technologies know quite well that these suffer from high false detection or misdetection rates,” says Ron Atzmon, Managing Director of AU10TIX: “This leaves back office team to still sift through signification volume of relevant and irrelevant images. The new AU10TIX BOS algorithm makes incoming customer traffic management far more accurate and efficient. Our testing of large volumes of ID images has shown that the new algorithm can increase the share of correctly managed traffic increases dramatically. More relevant images are separated from the noise of irrelevant ones and can be processed. Smart automation makes back office work much more efficient, reducing costs and reaction time that are critical in online and mobile customer acquisition and clearing.”
“In some markets, the share of “noise” in incoming ID image traffic is substantial,” says Ofer Friedman, VP Marketing of AU10TIX: “It can reach up to 40% and even more. Before the new AU10TIX BOS algorithm has been developed, back office team needed to sort through hundreds and even thousands of images that may be relevant or irrelevant. But the whole point of automation is to augment back office work and make it faster and more efficient. The new AU10TIX BOS narrows the holes in the traffic sorting sieve. That’s worth a lot to any significant online and mobile service provider."
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.
Ofer Friedman, VP Marketing
Tel.: +357 (22) 007698
ICTS International NV
Tel.: +31-20-716 3421