AU10TIX’s multi-lingual capabilities open up new opportunities for financial and other services in some of the world’s most lucrative markets where ID documents are non-Latin.
Nocosia, Cyprus (PRWEB) June 08, 2016
AU10TIX BOS, the forerunner of 2nd generation online ID document authentication and fast-track onboarding can now extract and auto-classify Japanese texts inside Japanese government-issued ID documents. Japan is a regional and global major player in a range of of money and other markets. With Japanese language support in place, both local and cross-border service providers in banking, payments, remittance, money-transfer, Forex, investments and numerous other KYC regulated verticals can now have securer, cost-efficient and fast-responding access to the Japanese customers.
“Kon'nichiwa to the Japanese market”, says Ron Atzmon, Managing Director of AU10TIX: “As AU10TIX broadens global reach Japan has been high on our priority list as it is on the list of many regulated service providers. The ability to qualify and onboard Japanese citizen in a simple Click&Go, seconds-fast process cannot be underestimated. You can now do it with 2nd generation ID fraud detection technology and convert ID images to workable records within the same process. We already have demands for this capability and we see it growing rapidly already in the near future”
“We are reaping the fruit of our deep-authentication, wide-reach strategy”, says Ofer Friedman, VP Marketing of AU10TIX: “While conventional solutions focus on OCR-ing data primarily from encoded data sets such as MRZ lines and barcodes, we developed advanced capabilities to actually read the printed data as well. AU10TIX can now handle languages written in every known direction… These capabilities will expand already in the near future, helping regulated services become truly global and effective.“
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