back Back

AU10TIX enhances digital onboarding by launching SECURE.ME

By Leandra Monteiro

March 03, 2021

  • AU10TIX
  • Israel
Share

AU10TIX, Israel, SECURE.ME, Digital Onboarding

AU10TIX, a global company in identity verification, has launched SECURE.ME, a white label experience designed to reduce integration requirements while being time efficient, providing flexibility, and forensic-grade security for customer verification.

In the past 24 months, 47% of companies experienced fraud, resulting in $42 billion in losses from cybercrime. By 2022, 80% of organizations will be using document-centric proofing as part of their onboarding workflows, an increase from approximately 30% today. Digital onboarding is currently the biggest area of weakness and missed opportunity for companies. As a solution SECURE.ME aims to provide faster authentication and higher conversion for the digital onboarding process.

“With the acceleration in fraud due to the pandemic, it’s never been more important for businesses to have a secure, compliant digital onboarding and verification process while still providing a seamless experience for users,” said Jonathan Wilson, chief product officer of AU10TIX. “SECURE.ME provides our customers with a front-end white label solution to safeguard their business, with zero integration or engineering required. It’s an exciting milestone for AU10TIX. Our success in providing an automated API solution for over a decade is now made accessible by a best-in-class user experience.”

With SECURE.ME, identity verification is completed in less than 8 seconds enabling a new customer to complete an end-to-end onboarding experience is less than ninety seconds. “The entire process is customizable to each business’s preferences, selecting from one to multiple layers of identity checks, like identity document, biometric liveness, and proof of address,” said Koby Avitan, vice president, product, of AU10TIX. “Early customers are choosing anywhere from one to all available security checks when designing their verification flow.”

In order for customer service and experience teams to manage global trends and trouble spots, the newly available experience is multilingual and tracks behavioral analytics across the end-to-end onboarding experience.

In addition to the business-facing features, SECURE.ME also provides real-time preview options and in-session feedback aimed at mitigating common frustrations caused during the identity capture and verification process.

Previous Article

March 03, 2021

Hancock Whitney Bank to offer PayActiv EWA program to business clients

Read More
Next Article

March 03, 2021

Israeli FinTech Rewire raises $20 million in Series B funding

Read More








IBSi Daily News Analysis

March 22, 2024

AU10TIX

Industry experts stress modernization, sustainability, and AI as cornerstones for future of corporate banking, Finastra study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

March 28, 2024

Sindhuja Microcredit secures $14.5m in Series C Funding round

Read More

March 28, 2024

Pulsate joins the Jack Henry™ Vendor Integration Program

Read More

March 27, 2024

5 Digital banks revolutionising the FinTech landscape in Hong Kong

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023