“Acuant is pleased to partner with ISS for industry-leading identity document authentication, which pairs well with the next generation solutions that WorldWatch Plus has brought to the market for sanctions, PEP, and adverse media screening,” said Acuant President and CEO Yossi Zekri.
KENNESAW, Ga. (PRWEB) July 09, 2019
International Screening Solutions, creator of the award-winning WorldWatch Plus® KYC & Risk Screening platform, has partnered with Acuant to include global identity document verification solutions for banking, blockchain, and consumer reporting agency applications. The partnership adds to the WorldWatch Plus AI-driven automation instant authentication of identity documents from more than 200 countries.
WorldWatch Plus now offers a single, integrated workflow for verifying identity data, authenticating identity documents, and enabling financial and reputational risk assessment that removes friction from customer onboarding experiences and drives unmatched efficiency in risk screening and customer due diligence operations. Since 2015, WorldWatch Plus has been the most-used global risk screening tool in FCRA-regulated settings, and the company has recently expanded into fintech applications for wider know your customer (KYC) compliance.
“We are very excited to include Acuant’s technology on our award-winning platform and deliver a comprehensive solution for our customers,” said Ken Kunsman, ISS Chief Marketing Officer. “Now with one simple workflow, our customers will be able to enhance their individual and business risk assessments with fraud-reducing identity verification tools that work in seconds. Our customers will make important business decisions faster, improving the experience for everyone involved.”
This solution will utilize Acuant’s AssureID with FRM (facial recognition match) for real-time multi-factor identity verification, starting with authenticating the government-issued ID then verifying the ID holder via facial recognition match with image spoofing technology. The entire process is seamless and takes less than five seconds, with no need to store biometric data to ensure privacy.
“Acuant is pleased to partner with ISS for industry-leading identity document authentication, which pairs well with the next generation solutions that WorldWatch Plus has brought to the market for sanctions, PEP, and adverse media screening. The WorldWatch Plus leadership, especially in the workplace screening market, is a great addition to our partnership community. The integration of these solutions creates a best-in-class solution for background screening, customer due diligence and frictionless onboarding,” said Acuant President and CEO Yossi Zekri
Founded in 2007, International Screening Solutions serves background screening and due diligence firms, financial institutions, FinTech companies, insurance, and other corporate clients requiring global sanctions, PEP, adverse media and ID verifications services. Its flagship product, WorldWatch Plus, is a proprietary screening tool that searches data from thousands of sources in fractions of a second for anti-money laundering (AML) and know your customer (KYC) programs. The solution eliminates false positives to accelerate customer due diligence (CDD) processes. The company was named twice to the Inc. 5000, twice named a Top 10 KYC Solution Provider by Banking CIO Outlook, and honored as a Top 10 Innovative Company by the Technology Association of Georgia. To learn more please visit http://www.WorldWatchPlus.com
Acuant’s next gen Identity Platform is powered by AI with human assisted machine learning to reduce fraud while providing a seamless customer experience and increasing conversions. Built to scale and meet KYC/AML regulations, Acuant has the industry’s highest speed and accuracy rates for ID verification. Solutions are omnichannel and allow businesses to establish identities on premise or remotely via the cloud and mobile devices. Completing more than 3 billion trusted transactions worldwide, partners include Fortune 500 and FTSE 350 organizations and start-ups in all industries. To learn more please visit http://www.acuant.com.