Tag: AU10TIX
AU10TIX Global Identity Fraud Report finds elevated social media attacks ahead of U.S. elections
October 31, 2024SSN Staff
LAS VEGAS –AU10TIX has released its Q3 2024 Global Identity Fraud Report at Money 20/20 USA in Las Vegas.
Drawing insights from millions of transactions processed around the globe from July to September 2024, AU10tix’s report found significant trends in large-scale organized identity fraud. Data found that in this quarter, automated bot attacks targeting social media platforms surged in the lead-up to the US presidential election, with the sector accounting for 28% of all attacks in...
AU10TIX exposes vulnerabilities in identity verification processes
May 22, 2024SSN Staff
TEL AVIV, Israel — AU10TIX has launched a free security Risk Assessment Model that it says will enable businesses to conduct an initial assessment of their exposure to operational, security and identity fraud risk.
The model draws insights from billions of transactions processed globally and years of expertise in risk assessment and mitigation, AU10TIX reports that it provides personalized insights and actionable recommendations to safeguard against critical fraud vulnerabilities in the...
AU10TIX ID verification suite/fraud monitor prevents $18B in fraud since 2021
April 23, 2024SSN Staff
TEL AVIV, Israel – AU10TIX revealed that it has protected companies around the globe against over $18B in business fraud since the 2021 launch of its Serial Fraud Monitor (formerly INSTINCT) along with the company’s IDV (Identity Verification) Suite.
AU10TIX said the impact of its multi-layered fraud prevention solutions is evident across multiple sectors, with significant savings realized in each industry. In the payments sector alone, AU10TIX's solutions have prevented...
AU10TIX introduces One-Stop Identity Verification Hub
March 31, 2024SSN Staff
TEL AVIV, Israel –AU10TIX announced the expansion of its Digital ID solution, which enables businesses to verify IDs of all types, including physical, digital, eID, verifiable credentials, and more.
AU10TIX's said that its fully automated Digital ID solution serves as a verification hub for business owners, enabling faster and more accurate identity verification. The solution enhances completion rates, improves the customer experience, and drives revenue growth. It ensures thorough verification...
AU10TIX launches Know Your Business (KYB) solution
February 27, 2024SSN Staff
TEL AVIV, Israel – Identity verification and management solution provider AU10TIX has launched an innovative Know Your Business (KYB) solution that enables companies to know exactly who they are doing business with and avoid potential financial and reputational losses.
The company said it combines KYB with Know Your Customer (KYC) processes so that the offering addresses every KYB business need, from sole traders to corporates, including KYC for UBOs and associated entities.
“Increasingly...
'Unified and stronger' - The War in Israel: Around the security industry
October 18, 2023Ken Showers, Managing Editor
YARMOUTH, Maine – As war rages in the Middle East, Security Systems News (SSN) has reached out to members in the security industry to gauge its impact.
More than a nexus of conflict, Israel is a key figure in the international security community with many companies based there representing key verticals from access control and cybersecurity, to defense oriented technologies. On Oct. 7, 2023, an armed conflict began when Palestinian militants led by political and military organization...
AU10TIX Global Identity Fraud Report released
October 17, 2023SSN Staff
TEL AVIV, Israel – AU10TIX, a global identity verification and management provider, has released its Q2 2023 Global Identity Fraud Report.
The report draws insights from millions of transactions processed in 249 countries between April and June 2023, and identifies emerging regional and industry-specific patterns of ID fraud. Most notably according to AU10TIX, there has been a 44% increase in organized ID fraud in North America compared to preceding quarters. The company believes...
Guesty taps AU10TIX for identity verification
September 19, 2023SSN Staff
TEL AVIV, Israel – AU10TIX announced that Guesty, a leading property management platform for the short-term rental and hospitality industry, has selected AU10TIX’s fully automated identity verification (IDV) solution to help meet global regulatory requirements and minimize fraud risk.
AU10TIX said their IDV solution will enhance the Guesty user experience and ensure compliance with global regulations. Guesty manages complex needs for property managers and hospitality professionals...
AU10TIX appoints Dan Yerushalmi as CEO
January 17, 2023SSN Staff
TEL AVIV, Israel – Identity verification and management authentication provider AU10TIX has announced that Dan Yerushalmi will be the company’s new CEO.
Replacing former CEO Carey O’ Connor Kolaja, AU10TIX recognizes Yerushalmi for his record with global tech enterprises and experience in industries like e-banking, telecommunications, and security. That the company said, “…underlines AU10TIX’s intention to help customers counter increasingly sophisticated fraudsters...