• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

Mobile ID World

Mobile ID World

Identification Revolution

  • Mobile ID
    • What Is Mobile ID?
    • Identity Associations
    • Premier Partners
    • FAQ
  • News
  • Solutions
    • Behavioral
    • Facial Recognition
    • Fingerprint Biometrics
    • Iris Biometrics
    • Second Factor
    • Smart Cards
    • Smartphones
    • Vital
    • Voice
    • Wearable Tech
    • Other
  • Applications
    • Access Control
    • Cloud Technology
    • Commerce
    • Enterprise
    • Healthcare
    • Identification
    • Internet of Things
    • Law Enforcement
    • Strong Online Authentication
  • Exclusive
    • Interviews
    • Featured Articles
    • Podcasts
  • Companies
  • Events

Selfie Onboarding Specialist Reports 144% Traffic Uptick for H1 2021

September 21, 2021

Another digital identity provider is reporting major growth in 2021. AU10TIX is best known for its face-based onboarding technology, and has now revealed that its year-over-year traffic (measured as the number of identities verified) is up 144 percent in the first six months of 2021 over the first six months of 2020.

Selfie Onboarding Specialist Reports 144% Traffic Uptick for H1 2021

According to AU10TIX, those identity assurances have helped prevent approximately $700 million in fraud losses in 2021, since businesses can move forward knowing that their customers are indeed who they claim to be. The company noted that the demand for secure onboarding services has increased as people have moved to a remote environment during the pandemic.

“At a time when large-scale data breaches are occurring more frequently and emerging identity fraud techniques are on the rise, AU10TIX saw an 11-percent increase in identity fraud detection, helping businesses to prevent over half a billion dollars in related loses this year,” said AU10TIX CEO Carey O’Connor Kolaja. “We are committed to doing our part in furthering a more secure and inclusive world and linking physical and digital identities.”

In other news, AU10TIX went on to highlight some of its other milestones for the year. Most notably, the company continued to report surging interest from the cryptocurrency sector, with daily volume spiking as much as 700 percent on some exchanges. The company has also entered into new partnerships with Fondeadora and CIBC FirstCarribean, and collaborated with Microsoft to introduce verifiable workplace credentials for the Azure AD platform.

Finally, AU10TIX took steps to round out its product portfolio with the launch of the new SECURE.ME solution. SECURE.ME uses face and document recognition to match a selfie to a photo ID, but businesses can deactivate some security features to deliver a smoother onboarding experience in less risky situations. AU10TIX recently received a 2021 Best Practices Award from Frost & Sullivan for being a Global Product Leader in Identity Management. 

–

(Originally posted on FindBiometrics)

Filed Under: Industry News Tagged With: anti-fraud solutions, AU10TIX, Biometric, biometric onboarding, biometrics, face biometrics, facial recognition, remote work, selfie biometrics, selfie onboarding

Related News & Articles

FIDO Highlights WebAuthn and the Regulatory Environment in Authenticate Day 4 Recap

Recent Certifications Help Establish FIDO as the Modern Security Standard

New Smart Engines OCR Pulls Payment Data From Credit Cards

Primary Sidebar

Register For the Next Virtual Identity Summit

Register now!

Tweets

Sponsored Links

FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi's product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/

Recent Posts

  • With AFCU Onboard, Utah Plans Selfie Enrollment for Mobile Driver’s License
  • Canada Quietly Announces Plans for Digital ID Program
  • Innovatrics Tailors Selfie Onboarding Tech for Hotel Check-in
  • iProov’s Latest eIDAS Certification Opens Door to EU Mobile ID Opportunities
  • Amid Political Unease, Tunisia Launches Mobile ID Pilot

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2022 MobileIDWorld