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AU10TIX
Israeli Identity verification company From Wikipedia, the free encyclopedia
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AU10TIX is an identity verification and risk management company that is headquartered in Amsterdam, The Netherlands with operations in New York, NY, London, Singapore and Hod Hasharon, Israel.[1] The company's products enable businesses to securely onboard and verify customers. AU10TIX has an automated identity management system, as well as products to detect organized ID fraud mass attacks.[2]
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History
AU10TIX has roots in providing airport security and border control services, including border ID authentication. The company was founded in 2002 as a digital verification provider.
In 2019, AU10TIX sold a portion of the business to TPG[3] and Oak HC/FT[4] for $80M to fuel growth and innovation. The company is otherwise self-funded.[citation needed]
Products
AU10TIX’s technology uses artificial intelligence and machine learning in computer vision.[5] Its products include:
Identity Verification Suite: A suite of ID verification services launched in the 2010’s. It includes document structure, data integrity, and digital forensic checks. The suite is anti–money laundering (AML) compliant and meets politically exposed persons (PEP) and sanction screening requirements.[6]
Serial Fraud Monitor: This solution uses advanced neural networks to monitor evolving fraud patterns and behavior in customer traffic. It is the industry’s first solution that can detect coordinated mass ID fraud attacks.[7]. Serial Fraud Monitor is designed to safeguard businesses against advanced organized fraud, which is undetectable through traditional security case-level solutions.[8]
Reusable Digital ID: Designed to simplify ID verification, this is a collaboration with Microsoft.[9]
AU10TIX platform: This hub unifies the company's backend technology and frontend interfaces.[10]
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References
External links
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