AuthenticID
AuthenticID provides 100% automated identity verification and fraud detection solutions that are leveraged by companies worlwide for customer onboarding, re-authentication, age verification and more. Our digital identity technology is powered by our proprietary machine learning platform which reduces human bias in biometric authentication and know your customer (KYC) applications.
Fraud Solution Profile
AuthenticID’s disruptive and cutting-edge, AI-driven solution delivers quick, accurate, and secure identity verification so companies can be assured of whom they are conducting business, strengthening underwriting, and reducing fraud loss, leading to higher conversion rates.
USE CASES
- Account Enrollment
- Fraud Prevention
- KYC / KYB Compliance
- Workforce Onboarding
- Age Verification
AuthenticID’s IDV solution uses 100% automated, fused machine learning algorithms and AI, leveraging neural networks and state-of-the-art computer vision models to identify:
- If a photo and face don’t match
- If an ID is a fake
- If a name OR a face has been associated with suspicious activity
AuthenticID’s 99%+ accuracy rate ranks it as a leader in identity verification, returning results in seconds via seamless onboarding, increasing conversion rates by double-digit percentages with no increase in marketing spend. Our customers enjoy an average ROI of 1,000-to-1 and hundreds of millions of dollars in fraud loss savings per year.
AuthenticID’s next-gen technology has already been adopted by:
- 10 of the Fortune 100
- 3 of the top US banks
- 2 of the 3 credit reporting agencies
- 8 of the top 10 telecom companies in North America
Ecommerce, Financial Services, Insurance, Telecom
Identity & Authentication
Account Takeover, Call Center Fraud, KYC & AML, Loyalty or Promo Abuse, New Account Fraud, Payment Fraud, Synthetic Identity Fraud
Behavioral Biometrics, Biometrics, Machine Learning, Multi-Factor Authentication, Rules Engine
