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IdentityMind And Acuant Partner To Strengthen Digital Identity Proofing

Acuant's Solution Extends the IdentityMind Platform Ecosystem to More Channels and Geographies

PALO ALTO, Calif., Oct. 17, 2019 /PRNewswire-PRWeb/ -- IdentityMind, Digital Identities You Can Trust, today announced a partnership with Acuant, a leading global provider of identity verification solutions. Acuant's award-winning identity solution will be offered through IdentityMind, providing unparalleled identity and document verification across multiple channels, globally.

"Acuant and IdentityMind share a common belief that identity is the new currency in today's digital economy, and it must be protected," said Acuant President and CEO, Yossi Zekri. "Our strength in identity proofing during the onboarding and account origination process is the perfect combination to IdentityMind's ability to build a digital identity and continue to monitor its use through the lifetime of the user. This partnership enables trusted transactions helping companies to reduce fraud, comply with AML/KYC regulations and provide better customer experiences."

Understanding who's on the other end of the transaction is key to a successful business - online or otherwise. IdentityMind helps its customers understand:

  • If the person on the other end of transaction is a real user
  • If they are who they say they are
  • If a business can work with them
  • And if that business should work with them

Fundamental to these questions is building an identity, verifying the provided data, and ultimately risk scoring that identity. Acuant AssureID is powered by AI with human assisted machine learning to identify thousands of identity documents in real-time. Having built the industry's largest Identity Document library – more than 6,000 ID types – to verify users, Acuant brings its expansive and global reach to this partnership.

"As part of our goal to create the most agnostic and accurate platform for trusted digital identities addressing compliance and risk, we have built an expansive technology ecosystem that pre-integrates the best of breed solutions across a variety of use cases and geographies," said Garrett Gafke, IdentityMind's CEO. "Acuant has an outstanding track record in identity verification as a white label solution for many industry leading partners globally. We are excited to be able to offer their solution to our customer-base."

About IdentityMind

IdentityMind, creator of Trusted Digital Identities (TDIs), offers a SaaS platform for online risk management and compliance automation. We help companies reduce client onboarding fraud and transaction fraud, and improve AML, sanctions screening, and KYC. IdentityMind continuously builds, validates and risk scores digital identities through eDNA™ technology to ensure global business safety and compliance from customer onboarding and throughout the customer lifecycle. We securely track the entities involved in each transaction (e.g. consumers, merchants, cardholders, payment wallets, alternative payment methods) to build payment reputations, and allow companies to identify and reduce potential fraud, evaluate merchant account applications, onboard accounts, enable identity verification services, and identify potential money laundering. For more information, visit IdentityMind on Twitter, LinkedIn, Instagram, and Blog.

About Acuant

Acuant's Trusted Identity Platform provides complete identity verification based on your level of risk so you can build your business with better customers. Powered by AI for the highest speed and accuracy, omnichannel products enable seamless customer experiences to increase conversions in the digital economy. Built to scale, be secure and meet compliance needs (KYC, AML & GDPR), Acuant allows businesses to establish trust via identity proofing from any location in seconds. Award-winning products include intelligent data capture, ID authentication and facial recognition match. Completing more than 6 billion trusted transactions worldwide, partners include Fortune 100, FTSE 350 organizations and start-ups in all industries. For more information please visit http://www.acuant.com.