AU10TIX Teams Up with Startupbootcamp FinTech Accelerator Program to Support FinTech Startups

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AU10TIX will support Startupbootcamp FinTech startups with online ID authentication, technical support and mentoring services. With AU10TIX 2nd generation ID authentication and onboarding automation Startupbootcamp FinTech startups can enhance fraud prevention and operating efficiency, putting them in a strong competitive position in today's fast-paced financial market.

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AU10TIX is an impressive company with a good track record already serving some of the biggest names in the sector. The support by AU10TIX will allow our FinTech companies to use AU10TIX to grow by onboarding new customers efficiently.

AU10TIX will put its BOS cloud service at the disposal of Startupbootcamp FinTech startups with the same standards as regular commercial clients. Startups will benefit from fully integrated, fully functional 2nd generation ID authentication and onboarding gateway capabilities as the leading enterprises on the market. Startupbootcamp FinTech startups simply need to apply during the program to benefit from full technical support and best practices guidance. The startups will have the option to continue using the service seamlessly once graduating from the program.

“We are always looking into new ways to provide our companies tools that will help to accelerate their growth," says Francisco Lorca, Managing Director of Startupbootcamp FinTech London: "AU10TIX is an impressive company with a good track record already serving some of the biggest names in the sector. The support by AU10TIX will allow our FinTech companies to use AU10TIX to grow by onboarding new customers efficiently.”

“We are extending our support to Startupbootcamp FinTech startups wholeheartedly since we totally understand their needs. After all, we've been in that position 8 years ago,” says Ron Atzmon, Managing Director of AU10TIX: “We are there to help them do it right the easier way, by planning and implementing an optimal customer authentication and onboarding gateway from day one. Unlike veteran players, these guys will go to market with a significant competitive advantage and strong operationally efficiency.”

“Today's startups are looking at a highly competitive and increasing regulated market where technology can determine success and the speed of achieving it.,” says Ofer Friedman, VP Marketing of AU10TIX: “What we know and what we do can make a significant difference to startups that have amazing ideas but also understand what it takes to translate ideas to commercial success. They are experts on what they do and we are experts on 2nd generation technology for streamlining customer onboarding and maximizing fraud protection. This expertise is now accessible to these amazing entrepreneurs to help them along the way.”

About Startupbootcamp FinTech
Launched in 2014, Startupbootcamp FinTech is Europe's leading FinTech accelerator, and the only programme of its kind to attract such wide industry support. Based in London, its partners include Lloyds Banking Group, PwC, MasterCard, Rabobank, arvato Financial Services, Route 66 Ventures, Intesa Sanpaolo and MJ Hudson as well as an extensive mentor and alumni network from more than 30 countries across the globe. The award-winning accelerator offers FinTech startups access to world class industry expertise during an intensive three month programme. At the end of the programme, startups pitch at Demo Day to more than 200 investors. Other Startupbootcamp FinTech programs are currently active in Amsterdam, Barcelona, Berlin, Copenhagen, Eindhoven, Israel, Istanbul, London, Miami, New York, Singapore with other cities and vertical programs to be announced soon.

For more information, visit http://www.startupbootcamp.org

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:

Startupbootcamp FinTech
Francisco Lorca, Managing Director
Email: fintech(at)startupbootcam(dot)org

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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