The AU10TIX new generation adaptive image processing engine has been tested with tens of thousands of ID images. Results show an average of 25% or more speeder complete process.
Nicosia, Cyprus (PRWEB) March 24, 2016
The AU10TIX new generation adaptive image processing engine has been tested with tens of thousands of ID images. Results show an average of 25% or more speeder complete process of ID image auto-classification, content retrieval and multi-factor authentication. Improved pre-processing also affects processing accuracy and success rates. The new algorithmic widens the performance gap between 1st generation and 2nd generation ID authentication technology the forerunner of which is AU10TIX BOS. BOS is already powering market leaders in a range of online financial services that will benefit from the improvement as part of the AU10TIX service.
“Speed is of the essence in online customer acquisition and qualification”, says Ron Atzmon, Managing Director of AU10TIX: “To meet the demand we insist on deepest ID authentication capabilities on the market but we also invest quite a lot of resources in making sure that not only is speed not compromised but it actually improves. We are proud of our boundary spanning R&D team and appreciate very much the inputs and support of our good clients“.
“Fraud prevention and customer conversion are no longer contradictory forces”, says Ofer Friedman, VP Marketing of AU10TIX: “2nd generation ID authentication and onboarding automation proves that they go along just fine. Does deeper fraud protection in less time sound odd? Then simply try and see for yourself“.
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