New Australian Small Business Lender Sail Funding Deploys AU10TIX BOS 2nd Generation Customer ID Authentication Cloud Service

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Australian small business lender, Sail Funding, streamlines customer onboarding and enhances ID fraud protection with latest 2nd generation ID authentication cloud technology. Sail's customers can now benefit from faster, simpler and better protected service than most players on the market, while Sail itself can benefit from better mitigated risk, stronger compliance and better operation efficiency.

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We chose AU10TIX BOS only after establishing that it is a whole different generation of technology, one that is a cut above anything else on the market.

Sail Funding, one of Australia's up and coming SME lenders, enhances customer onboarding experience and strengthens ID fraud protection with latest ID authentication and record generation cloud service. AU10TIX BOS is the ID authentication and onboarding technology of choice of global major players. BOS is the first and currently only 2nd generation ID authentication and onboarding gateway, enabling forensic level forgery and counterfeiting detection as well as superior performance with borderline quality ID images that are typical to CNP channels. Sail is a welcomed member to AU10TIX's fast growing global customer base.

“You cannot compromise on less from the best technology when it comes to ID authentication and onboarding”, says Yanir Yakutiel , CEO of Sail Funding: “Our customers expect cutting-edge technology to make business financing affordable, simple, fast and safe. We chose AU10TIX BOS only after establishing that it is a whole different generation of technology, one that is a cut above anything else on the market. For us, this is about effective security and compliance as much as it is about operating efficiency and conversion success rates. We are now in a better position to offer the under-serviced by banks and traditional lenders the best financing at the best and securest service.”

“Sail is a great example of how Australia is getting to center stage on the alternative lending map”, says Ron Atzmon, Managing Director of AU10TIX: “We are proud to have Sail on board. These guys are dedicated to harnessing cutting edge technologies to help underbanked businesses have access to adequate, risk balanced financing in order to thrive. AU10TIX BOS can definitely increase Sails' attractiveness and competitiveness while enabling highest level of ID document fraud protection.”

“What's more important: Fraud prevention and KYC or customer acquisition and operating efficiency?”, says Ofer Friedman, VP Marketing of AU10TIX: “That exactly is the point. Why choose? AU10TIX BOS is labeled as the Secure Customer Onboarding platform for a reason. It is doing both. Forensic level ID forgery and counterfeiting detection as well as immediate record generation at a click of the camera button. Fast, streamlined onboarding experience coupled with deepest fraud detection is a win-win. For Sail and for their customers. We are definitely glad to have the Sail team on our expanding family of clients.”

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.

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.

Contact:

Sail Funding
Yanir Yakutiel , CEO
Email: yanir(at)sail(dot)com.au

AU10TIX
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
AU10TIX
+972 504717150
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