ENACOMM partners with biometric & AI technology company IDmission
By Pavithra R
FinTech enablement company ENACOMM has announced partnering with IDmission, a global leader in biometric and AI technology providing end-to-end digital transformations for applications relying on ID and identity verifications.
Through the collaboration, ENACOMM customers will have the opportunity to streamline the onboarding process and boost customer acquisition using IDmission’s secure authentication technologies.
“Remote, digital transactions skyrocketed amidst the pandemic, and so did fraud, making the need for fast, secure authentication of customers more important than ever. Biometric technology has become significantly more reliable in recent years, earning it an indispensable role in the Multi-Factor Authentication process,” said IDmission CEO Ashim Banerjee.
With features like true passive liveness, identity-proofing-as-a-service, deduplication, and enhanced biometric Multi-Factor Authentication (MFA), IDmission solutions help businesses prevent fraud, identify and monitor threats for KYC compliance, and enable frictionless customer experiences. Its solutions also determine document authenticity, match selfies to document(s), and even reduce racial bias through AI.
“ENACOMM is proud to add IDmission’s world-class biometric and AI-powered identity solutions to our comprehensive technology stack that empowers financial institutions and payments companies with affordable solutions for improving the customer experience, fighting financial fraud, and increasing operational efficiency. ENACOMM’s ultimate goal is to provide our valued customers with a digital gateway that enables them to choose the best available technologies for meeting their needs, despite core platform and provider constraints,” said ENACOMM CEO Michael Boukadakis.
Established since 1986, ENACOMM is a FinTech provider of intelligent interactions and customer authentication technologies for banks, credit unions, credit card and payments companies. The firm empowers financial institutions with affordable solutions for improving the customer experience (CX), fighting financial fraud, and increasing operational efficiency.
IBSi Daily News Analysis
February 23, 2024
Regulated firms battle surge in financial crime attempts, research revealsRead More
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage