AuthenticID’s disruptive and cutting-edge, AI-driven solution quickly, accurately, and securely reproduces real-world identity verification so that companies can be assured of who they are conducting business with, strengthen underwriting, reduce the losses associated with fraud, and streamline onerous customer onboarding procedures, leading to higher conversion rates. The AuthenticID system uses cutting edge fused machine learning algorithms and AI leveraging neural networks and state-of-the-art computer vision 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 quality of identity verification, while returning results in seconds so that customer onboarding can be streamlined and seamless, increasing conversion rates by double digit percentages with no increases in marketing spend. AuthenticID clients enjoy an average ROI of 1,000-to-1 and hundreds of millions of dollars in fraud loss savings per company.
Categories: Auto, Commercial, Fraud/ID, KYC/Monitoring, Property