Xtrade Extends AU10TIX Contract by +3 Years, With A 900% Increase in ID Authentication and Volume

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AU10TIX and International CFD trading company Xtrade extend their long-standing relationship, increasing significantly both contract term and volume of online customer ID authentication and onboarding checks. Xtrade has integrated AU10TIX BOS 2nd generation ID authentication and onboarding API service, benefitting from 100% automated ID recognition and screening, forensic-level multi-factor ID forgery and counterfeiting detection and superior handling of low quality ID images.

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We are completely satisfied with the implementation of AU10TIX BOS”, says Tara Mor, VP of Business Development of Xtrade: “It has proven to be superior when tested against other similar solutions and when we used it in real-life deployment.

Xtrade a global leader in the online CFD trading who recently appointed international football (Soccer) star Cristiano Ronaldo as its ambassador, has accumulated extensive and successful experience using the AU10TIX BOS technology. By streamlining the customer onboarding time, the company has increased efficiency of the KYC compliance process. To meet the significant increase in application volumes, Xtrade has augmented the AU10TIX BOS Portal access with full API integration, enabling a 100% automated end-to-end process that includes image auto-classification, usability pre-screening, content extraction, forensic level image manipulation and synthetic forgery detection and detailed risk flagging.

“We are completely satisfied with the implementation of AU10TIX BOS,” says Tara Mor, VP of Business Development of Xtrade. “It has proven to be superior when tested against other similar solutions and when we used it in real-life deployment. By “real life” we mean the ability to handle sub-optimal image qualities at increasing traffic volumes. AU10TIX BOS has definitely contributed to our growth and our operating efficiency. The enormous increase in traffic attests to that. We enjoy working with the AU10TIX technology and team and we know that the feeling is mutual.”

“There is nothing better than a vote of confidence from a long-standing client,” says Ron Atzmon, Managing Director of AU10TIX. “We are glad to have contributed to Xtrade’s success and are proud to have gained their appreciation. We look forward to a successful and long-term partnership with the Xtrade team.”

“This is what 2nd generation ID authentication and onboarding technology is all about,” says Ofer Friedman, VP Marketing of AU10TIX: “Whether you have a technology in place or considering implementation of one, it is highly recommended to get up to speed with next generation capabilities. Xtrade chose AU10TIX BOS after realizing the indispensability of 100% automation, forensic level authentication and better performance with sub-optimal image qualities. We are happy to work with such a great company and definitely find the relationship mutually beneficial."

About Xtrade
Xtrade is an award-winning provider of desktop and mobile trading services, featuring CFD trading on stocks, national stock indices, commodities, and currencies. The brokerage’s financial technology includes five digital trading platforms, all of which are available in over 40 languages to traders from Europe, Asia, and the Pacific. Other prominent services include an award-winning trading education center, breaking financial news in real time, and pioneering trading tools. Xtrade’s Global Ambassador is Cristiano Ronaldo of Real Madrid. The brokerage is regulated by the EU’s Cypress Securities and Exchange Commissions, the EU’s Markets in Financial Instruments Directive, and the Australian Securities and Investment Commission.

For more information, please visit http://www.xtrade.com.

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.


Tara Mor, VP of Business Development
Email: tara(at)xtrade(dot)com
Tel.: +44 (203) 1501387

Ofer Friedman, VP Marketing
Email: ofer(dot)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
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