“With our new functionality telecom, banking, financial institutions and Enterprise-level corporations worldwide will find CatfishID an indispensable tool in eradicating credit card fraud,” said AuthenticID CEO Blair Cohen.
Atlanta, GA (PRWEB) February 25, 2014
AuthenticID - a leading technology company specializing in identity authentication solutions, today announced the addition of a new functionality to CatfishID - their identity proofing solution that supports virtually all government issued IDs worldwide. It eliminates the use of a cloned credit card by extracting data from the magnetic stripe and comparing it with information printed on the front of a credit card, thereby removing the ability to use stolen credit card information. In addition, AuthenticID’s global solution, CatfishID, goes beyond traditional Automated Forensic Document Authentication (AFDA) capabilities by using cloud technology to automatically route failed ID scans to AuthenticID’s trained document inspectors for a secondary review. These highly trained inspectors are experts at reviewing high resolution images and provide test results of each failed scan in real-time – while completely eliminating false positives.
“With our new functionality telecom, banking, financial institutions and Enterprise-level corporations worldwide will find CatfishID an indispensable tool in eradicating credit card fraud,” said AuthenticID CEO Blair Cohen. “We are the only technology company specializing in identity authentication offering a solution that eliminates the use of a cloned credit card. In the global fight against credit card fraud – CatfishID is now the unparalleled leader,” concluded Cohen.
CatfishID provides corporations operating worldwide with the ability to verify the authenticity of ID documents online. The ID is illuminated using multiple light sources and high resolution images verify micro printing, exposing even the most sophisticated counterfeit documents. Only CatfishID has the ability to detect the most sophisticated counterfeit ID documents with its robust and innovative feature set – no other AFDA solution comes close. The solution presently supports virtually all government issued IDs worldwide – more than 900 additional documents when compared to its closest competitor.
Visit http://authenticid.co for more information.
Atlanta-based AuthenticID (http://authenticid.co) is a technology company specializing in providing identity authentication tools designed specifically for the face-to-face channel of commerce. The company provides the only 100% accurate identity authentication solutions which detect and stop ID fraud in real-time via its direct access to government datasets. In addition, their cloud-enabled document authentication solution validates government issued ID documents worldwide. Founded by the leading identity expert, Blair Cohen, AuthenticID presently is selecting leading corporations in numerous vertical markets to pilot their technology.
Ria Romano, Partner
RPR Public Relations, Inc.