AU10TIX Awarded "Innovator of the Year 2016" At The Frankfurt Motor Finance Conference For The RCI Financial Services Solution

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AU10TIX has won "Innovator of The Year" award for being the enabler of UK's RCI Financial Services standard setting "20-Minute Payout Commitment". AU10TIX technology helps RCI Financial Services prevent ID fraud with border-control type technology while completely eliminating paperwork and increasing customer conversion success chances.

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AU10TIX has won "Innovator of The Year" award for being the enabler of UK's RCI Financial Services standard setting "20-Minute Payout Commitment".

RCI Financial Services UK has become the success story and role model of the motor financing market which is still adhering to manual, paper-based customer acquisition and underwriting practices. At the award presentation titles "The Quickest 'Yes' in Britain", AU10TIX and RCI have shared with the industry what will imminently become the model of dealership motor financing in coming years, as well as what next generation technology will look like. Various motor financing captives have expressed interest in the technology, which can be implemented in both dealerships, online and mobile channels.

“We are proud to have been honored by the industry,” says Ron Atzmon, Managing Director of AU10TIX: “Due credit must be given to RCI Financial Services who conceived this standard setting concept which incorporates both new technologies and boundary spanning practices. It has been pleasure working with them and we hope to continue innovating with them for many years to come.“

“AU10TIX Secure Customer Onboarding technology is enabling businesses become more competitive and cost efficient while boosting ID fraud protection and KYC compliance,” says Ofer Friedman, VP Marketing of AU10TIX: “It's a 2-in-1 that RCI Financial Services UK has taken to the max. Obviously automating ID fraud prevention, acquisition and underwriting is high on the agenda of the motor financing industry. What's important is that providers be aware that not all technologies are the same. This particular technology of AU10TIX is at the forefront. Fraud detection is at border control standard while automation is 100%.“

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.
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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.

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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
Email: ofer.friedman(at)au10tix(dot)com
Tel.: +357 (22) 007698

ICTS International NV
Alon Raich
Email: mail(at)ictsinternational(dot)com
Tel.: +31-20-716 3421

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Ofer Friedman
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