Tag: identity verification
AU10TIX launches Know Your Business (KYB) solution
February 27, 2024SSN Staff
TEL AVIV, Israel – Identity verification and management solution provider AU10TIX has launched an innovative Know Your Business (KYB) solution that enables companies to know exactly who they are doing business with and avoid potential financial and reputational losses.
The company said it combines KYB with Know Your Customer (KYC) processes so that the offering addresses every KYB business need, from sole traders to corporates, including KYC for UBOs and associated entities.
“Increasingly...
AU10TIX Global Identity Fraud Report released
October 17, 2023SSN Staff
TEL AVIV, Israel – AU10TIX, a global identity verification and management provider, has released its Q2 2023 Global Identity Fraud Report.
The report draws insights from millions of transactions processed in 249 countries between April and June 2023, and identifies emerging regional and industry-specific patterns of ID fraud. Most notably according to AU10TIX, there has been a 44% increase in organized ID fraud in North America compared to preceding quarters. The company believes...
AU10TIX appoints Dan Yerushalmi as CEO
January 17, 2023SSN Staff
TEL AVIV, Israel – Identity verification and management authentication provider AU10TIX has announced that Dan Yerushalmi will be the company’s new CEO.
Replacing former CEO Carey O’ Connor Kolaja, AU10TIX recognizes Yerushalmi for his record with global tech enterprises and experience in industries like e-banking, telecommunications, and security. That the company said, “…underlines AU10TIX’s intention to help customers counter increasingly sophisticated fraudsters...
Cancun announces multiparty deal to bring advanced biometrics to vacation spot
January 10, 2023Ken Showers, Managing Editor
CANCUN, Mexico – Digital infrastructure company GigNet announced what it called a unique multiparty agreement to bring advanced biometrics to the Puerto Cancun development.
GigNet has invested a considerable amount of resources into fiber optics in the area of Puerto Cancun, and is partnering with Pangiam to utilize their Trueface product, facial recognition software that uses photos and videos taken in real-time to match against a temporary gallery of client images for the purpose...