Authenticate.com launches Identity Verification Infrastructure as a service (IaaS) for online platforms
By SSN Staff
Updated 3:53 PM CDT, Wed August 31, 2022
SANTA MONICA, Calif. – Information verification tech provider Authenticate.com has launched their Identity Verification Infrastructure as a Service (IaaS) for customers in their efforts to prevent fraud using platforms like Guesty, Shopify, and Hostaway.
Consumers in the U.S. lost more than $5.8 billion to fraud in 2021 according to the Federal Trade Commission. An increase of more than 70% from the previous year Authenticate.com said in their press release. “Because the COVID-19 pandemic changed the way people shopped and transferred money, many criminals targeted digital wallets, apps, sites and services that rely on often irreversible or indisputable peer-to-peer payment methods such as Apple Pay and Zelle.” They wrote.
Authenticate.com offers authentication services worldwide with a variety of applications like photo id and passport authentication, facial recognition, knowledge quizzes, background checks, and other methods. Authenticate.com is voluntarily audited and independently certified as SOC 2 Type II compliant, adhering to the highest cyber security standards.
"Identity fraud is by far and away the number one source of cybercrime worldwide," Founder & CEO of Authenticate.com, Steve Ward said. "By offering Identity Verification Infrastructure as a Service, we are doing the difficult work of collecting sensitive personal data, processing it with the utmost integrity, and ensuring it is protected with best-in-class security. While our customers focus on building their business, we provide the picks and shovels they need to dig their moats."
Authenticate continues to grow as a company, starting with 12 beta customers in January 2021 to more than 80 credentialed clients today. "Our company's mission is to eliminate the dependency of the fee gouging delivery apps," said Andy Kaminski, Founder & CEO of RunnerCity. "In order to launch our app, we needed to execute background checks for our roster of 3,000 runners (gig workers). Earlier this month we decided on a soft launch to test our integration with Authenticate.com to ensure it would be an easy and seamless process for our users. And it was! We invited hundreds of runners to sign up and submit to background checks and so far we've been very pleased with the results."
The full release can be read online at www.prnewswire.com. For more about Authenticate.com’s services you can visit them at https://authenticate.com/.
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