back Back

ENACOMM partners with biometric & AI technology company IDmission

By Pavithra R

March 26, 2021

  • Enacomm
  • UAE
Share

ENACOMM partners with leading biometric & AI technology company IDmissionFinTech 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.

Previous Article

March 26, 2021

Meniga secures €10 million in funding led by Velocity Capital and Frumtak

Read More
Next Article

March 29, 2021

FinTech Hub Slovakia now live

Read More








IBSi Daily News Analysis

Fraud

February 23, 2024

Enacomm

Regulated firms battle surge in financial crime attempts, research reveals

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

February 23, 2024

UNIPaaS unveils AI payment assistant solution for SaaS platforms

Read More

February 22, 2024

Bud & Fintech Galaxy bring AI-led Open Banking solutions to MENA

Read More

February 21, 2024

OpenPayd bolsters instant payments solutions with TrueLayer

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