Identity Week Europe makes a comeback next week and will be the launchpad for Gold Sponsor, Innovatrics’ new identify verification offering, a comprehensive suite for remote identity verification and digital on-boarding.
The new DOT Trust Platform is installed with a complete set of tools and services for digital on-boarding clients, customers and citizens and is supplemented with biometric duplicate checks, allowing organisations to double check real identities using a decentralised method and reduce identity fraud by up to 90%.
During the onboarding process, DOT Trust Platform verifies the identity and motion of a user and checks their “uniqueness”. Using the two-phase process, the platform can recognise if the user is already enrolled on the database or added to a watchlist and alerts the customers to potential ID fraud.
Daniel Ferak, DOT Business Unit Director said many years of experience and expertise in large-scale biometric projects had contributed to the platform’s build and capability to give customers feedback and actionable recommendations for making the onboarding process secure, and at the same time, smooth and convenient for end users.
He commented: “The search for biometric duplicates has reduced the occurrence of ID fraud by over 90 percent compared to traditional customer acquisition in our test markets.”
The DOT Trust Platform combines Innovatrics’ industry-leading facial biometric technology with a powerful identity management system adapted from large-scale ABIS (Automated Biometric Identification System) for comprehensive remote identity verification, empowering organisations to:
- Reduce onboarding costs by up to 90%
- Lower onboarding time from hours to minutes
- Increase fraud detection by up to 90%
- Remove friction and increase conversion
- Deliver a seamless onboarding experience
- Ready to comply with legal requirements and regulations
A Gold Sponsor supporting Identity Week Europe next week, Innovatrics is a provider of multi-modal biometric solutions used in more than 70 countries, with its own algorithms ranking consistently among the fastest and most accurate in fingerprint and face recognition.
Innovatrics will showcase the DOT Trust Platform at the world’s largest and most important identity event, Identity Week Europe, taking place on 28 and 29 June at London’s ExCeL. Visit Innovatrics at booth no. 700: https://www.terrapinn.com/exhibition/identity-week/sponsors-and-exhibitors.stm
