Frictionless Resolution will Cut back Identification Verification Course of from 15 Minutes to eight Seconds
TEL AVIV, Israel, Nov. 29, 2023 /PRNewswire/ — AU10TIX, a world expertise chief in id verification and administration, in the present day introduced that its totally automated id verification (IDV) resolution has been chosen to speed up the shopper onboarding course of for multi-exchange crypto buying and selling ecosystem 3.0 Verse. {The marketplace}’s unique id verification course of might take so long as quarter-hour, inflicting customers to desert the positioning throughout sign-up and costing important income. AU10TIX’s frictionless, automated resolution will scale back the process to eight seconds or much less whereas guaranteeing greater accuracy.
“After we realized that our earliest guests had been going through intensive wait occasions for ID verification, we instantly sought a extra environment friendly resolution,” mentioned Mayur Poddar, Director of three.0 Verse. “AU10TIX’s user-friendly expertise not solely drastically reduces the verification course of, but additionally enhances person expertise. Moreover, it aligns with our dedication to stopping cash laundering and complying with all related rules.”
3.0 Verse is a complete platform for crypto buying and selling that aggregates a number of CeFi and DeFi exchanges, offering real-time costs, market evaluation, information, data, and a sturdy knowledge interface for blockchain and cryptocurrencies. Moreover, it incorporates a media channel (3.0 TV) and an academic platform (3.0 College).
AU10TIX’s IDV suite consists of superior options comparable to doc authentication, ID-to-selfie face comparability, liveness checks, and deal with verification. Its integration into the three.0 Verse web site and cellular software will streamline and considerably improve the Know Your Buyer (KYC) onboarding course of.
“AU10TIX and three.0 Verse share an innovation-driven tradition, and this synergy makes us excellent companions for shaping the way forward for cryptocurrency,” mentioned Dan Yerushalmi, CEO of AU10TIX. “Our expertise will eradicate the friction that’s inflicting person dissatisfaction and excessive abandonment charges and make sure that prospects can seamlessly have interaction in numerous actions on the platform, from buying and selling to lending, borrowing, and extra.”
AU10TIX’s intensive id verification experience stems from its legacy in airport safety and border management, relationship again to the Nineteen Eighties. This expertise has propelled the corporate to the forefront of expertise, enabling the profitable verification of over one billion IDs worldwide.
About 3.0 Verse
3.0 Verse is a one-of-a-kind world digital tremendous app, which brings a number of crypto exchanges on a single platform. Customers can leverage unparalleled and unprecedented advantages by accessing the world’s high CeFi and DeFi exchanges on a single dashboard. Trusted by greater than 3 million customers throughout the crypto business, 3.0 Verse is on an indefatigable mission to create an ever-growing ecosystem of digital asset class buying and selling that may remodel lives.
About AU10TIX
AU10TIX, a world id intelligence chief headquartered in Israel, is on a mission to obliterate fraud and additional a safer and inclusive world. The corporate gives crucial, modular options to confirm and hyperlink bodily and digital identities so companies and their prospects can confidently join. Over the previous decade, AU10TIX has grow to be the popular companion of main world manufacturers for buyer onboarding and buyer verification automation – and continues to work on the sting of what is subsequent for id’s position in society. AU10TIX’s proprietary expertise gives leads to lower than 8 seconds, enabling companies to onboard prospects sooner whereas stopping fraud, assembly compliance mandates and, importantly, selling belief and security. AU10TIX is a subsidiary of ICTS Worldwide N.V. (OTCQB: ICTSF). For extra data, go to AU10TIX.com.
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Fusion PR
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SOURCE AU10TIX LIMITED