AU10TIX is the only TOP 10 ranked player in ID document authentication and onboarding automation.
Nicisia, Cyprus (PRWEB) June 15, 2016
AU10TIX, the forerunner of 2nd generation ID authentication and fast-track onboarding has earned yet another recognition, this time from PYMNT.com (See: http://www.pymnts.com/news/consumer-authentication/2016/digital-identity-rankings-may-2016/). This adds to the recently awarded title of “Innovator of the year” by Motor Financing Conference. The ranking has been based on four primary criteria: channels, relying parties, authentication use case and authentication method. Being the forerunner of 2nd generation ID authentication technology, AU10TIX sees great value in broadening awareness to the fact that ID authentication has come a long way since 1st generation, OCR centric solutions, to include capabilities such as deep image manipulation forensics and augment risk factor processing.
“We see it an honor to be recognized by a distinguished information channel such as PYMNTS.com”, says Ron Atzmon, Managing Director of AU10TIX: “From our point of view this is not just about professional recognition but also about broadening awareness in the market to the fact that not all ID authentication solutions are the same. This can help clear out some of the competitive sales pitch haze and distinguish between different technology generations that are out there. To be clear: Right now, the only working 2nd generation ID authentication technology on the market is AU10TIX BOS.”
“This was indeed a pleasant surprise”, says Ofer Friedman, VP Marketing of AU10TIX: “Recognition by PYMNTS.com means a lot to us. We occasionally encounter service providers who think they already have a solution in place, but do not know that what they actually have is a 1st generation OCR-centric solution that may even involve manual handling…This kind of recognition helps decision makers realize that not all solutions are the same and that capabilities have gone a long way.“
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